What is Instructure?
Founded in 2008, Instructure has established itself as a significant entity in the human resources software sector. The company specializes in providing comprehensive solutions for businesses, encompassing employee training, digital development, and other critical HR functions. Its strategic location in Salt Lake City, Utah, serves as a hub for its operations, enabling it to cater to a broad enterprise client base seeking to enhance their human capital management through innovative software.
How much funding has Instructure raised?
Instructure has raised a total of $268.8M across 7 funding rounds:
Series A
$1.1M
Series B
$8M
Series C
$10M
Series D
$30M
Series E
$40M
Stock Offering
$81M
Stock Offering
$98.8M
Series A (2010): $1.1M with participation from Josh Coates and Epic Ventures
Series B (2011): $8M led by TomorrowVentures, LLC, OpenView Venture Partners, Tim Draper, and Epic Ventures
Series C (2012): $10M, investors not publicly disclosed
Series D (2013): $30M featuring Epic Ventures, OpenView Venture Partners, Bessemer Venture Partners, and TomorrowVentures, LLC
Series E (2015): $40M backed by Insight Venture Partners, Epic Ventures, and Bessemer Venture Partners
Stock Issuance/Offering (2015): $81M, investors not publicly disclosed
Stock Issuance/Offering (2018): $98.8M, investors not publicly disclosed
Key Investors in Instructure
Insight Venture Partners
Insight Venture Partners is a global venture capital and private equity firm that invests in high-growth technology and software companies. Their platform, GO, is designed to support portfolio company leaders as they scale.
Epic Ventures
Epic Ventures appears to be associated with Epic Systems Corporation, a major player in healthcare software, suggesting a potential interest in enterprise solutions and robust technology platforms.
OpenView Venture Partners
OpenView Venture Partners is a venture capital firm that focuses on investing in B2B software companies, indicating a strategic alignment with Instructure's enterprise software offerings.
What's next for Instructure?
With substantial enterprise-level backing, Instructure is poised for continued expansion and innovation in the competitive HR software market. The significant capital infusion, reflected in its $268.8M total funding, suggests a strategic focus on scaling operations, enhancing its product suite, and potentially exploring new market segments. Future developments are likely to center on leveraging technology to further streamline HR processes, improve employee engagement, and provide deeper insights for organizational development. The company's trajectory indicates a strong commitment to solidifying its market leadership and driving further growth through strategic investments in its platform and services.
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