SALT LAKE CITY — Dec. 15, 2022 — Instructure Holdings, Inc. (Instructure) (NYSE: INST) today announced it has completed the acquisition of LearnPlatform, the leading provider of technology that enables educators and their institutions to research, select and evaluate digital learning solutions. This unique platform equips stakeholders across the educational landscape with real-time, meaningful insight into the effectiveness of their tools of choice. This acquisition accelerates the impact of the Instructure Learning Platform for schools, universities, and shared partner providers by adding evidence-based insight into inventory, compliance, procurement, and usage.
The acquisition demonstrates and strengthens Instructure’s commitment to building an open, transparent and integrated teaching and learning platform for the education industry. The combination of LearnPlatform’s capabilities with Instructure’s Learning Platform delivers a new, partner-friendly offering that helps educators, schools and universities ensure that every learning technology choice they make is delivering on their intended outcome.
“The acquisition of LearnPlatform underscores Instructure’s commitment to building an open global education platform,” said Steve Daly, CEO of Instructure. “K-12 and Higher Ed institutions need an efficient, research-based, insight-rich solution that drives the selection and ongoing management of the sprawling learning technology landscape. We believe that adding these solutions gives our customers and partners even more ways to measure the impact of their investments and drive student outcomes for each and every student.”
Based in North Carolina, the LearnPlatform team has approximately 70 employees. Since 2015, the company has equipped educators, leaders, policymakers and edtech partners with the tools to modernize their learning environments.
“We’re thrilled to join Instructure, a company dedicated to amplifying the power of teaching,” said Karl Rectanus, CEO of LearnPlatform. “As institutions and districts seek to understand and improve the effectiveness of their digital learning environments, the combination of LearnPlatform and Instructure will accelerate access to the trustworthy, independent evidence they need to inform decisions, providing customers and partners unprecedented insight into the learning journey of students.”
With this acquisition, Instructure is building upon its commitment to a robust partner ecosystem. Instructure currently has more than 600 partners. By adding LearnPlatform, Instructure enhances capabilities for current and future partners who serve the educational community. With over 10,000 EduApp provider listings in the LearnPlatform ecosystem, Instructure can now offer even more value to its partners.
The terms of the transaction were not disclosed.
ABOUT INSTRUCTURE
Instructure (NYSE: INST) is an education technology company dedicated to elevating student success, amplifying the power of teaching, and inspiring everyone to learn together. Today the Instructure Learning Platform supports tens of millions of educators and learners around the world. Learn more at www.instructure.com.
