Instructure is pleased to announce it has acquired an innovative company dedicated to student success, Portfolium. The company has been an Instructure partner since 2016 and offers a powerful ePortfolio network, student-centered assessment, job matching capabilities, and co-curricular pathways which inspire and showcase student achievement.
How Portfolium Works
Portfolium partners with colleges and universities to help students connect learning with opportunity. Its student success network helps students from around the world prove their skills and launch their careers while providing educators and employers with the tools they need to assess learning outcomes, build pathways, issue badges, and recruit talent.
Who Uses Portfolium
Founded in 2014, Portfolium is already serving more than 4.6 million students and alumni, and 40,000 educators from more than 3,600 institutions in 18 countries. Customers include Australia’s Swinburne University, Virginia Tech, and Santa Clara University.
Instructure + Portfolium = Awesome
Working together enables Instructure to help people move from the classroom to the workplace. Of the acquisition, Instructure’s CEO Dan Goldsmith said, “Portfolium has been a great partner of ours. With their team, and by adding their student success capabilities built on the leading learner network, we will together provide more value to both current and new customers.”
Portfolium was created to connect learning with opportunity by enabling students to recognize, showcase, and articulate the skills and competencies they acquire along their academic journeys. Adam Markowitz, Founder and CEO of Portfolium noted, “We’ve been a proud Instructure partner for years, and are excited to expand on our vision to support lifelong learning and development as part of the Instructure family.”
This blog post contains "forward-looking" statements which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Instructure's potential acquisition of Portfolium. These statements are based on management’s expectations as of the date of this press release and are subject to uncertainties, risks and changes in circumstances that are difficult to predict, such as Instructure's ability to timely close the acquisition of Portfolium and successfully implement and achieve cost synergies and otherwise integrate Portfolium following closing, and other risks and uncertainties detailed in Instructure's filings with the Securities and Exchange Commission, including, without limitation, its Form 10-K and other reports on Forms 8-K and 10-Q, all of which can be obtained on the SEC website at www.sec.gov. Instructure assumes no obligation to update or revise publicly any forward-looking statements contained in this release, except as required by law.