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Area9 Lyceum

Chestut Hill, Massachusetts, United States

Valuation

$15.4M

2021 Revenue

$5.1M

Funding

$52.9M

Team

111

Founded

2006

How Area9 Lyceum CEO Ulrik Christensen grew to $5.1M revenue with a 111 person team in 2021.

Provider of cloud-based educational platform intended to provide personalized, adaptive online learning modules for schoolchildren, students and professionals. The company's cloud-based educational platform offers fully integrated, cloud-based authoring, review, delivery and reporting and personalizes training at the point of delivery, enabling clients to enjoy faster content delivery and help them to cut down on development time and meet development deadlines.

Last updated

Area9 Lyceum Revenue

In 2021, Area9 Lyceum's revenue reached $5.1M. Since its launch in 2006, Area9 Lyceum has shown consistent revenue growth.

Area9 Lyceum Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M200620082010201220142016201820202021$0$5.1MSource: GetLatka.com
YearMilestoneQuote
2021Area9 Lyceum Hit $5.1m revenue in April 2021
2006Launched with $0 revenue

Area9 Lyceum Valuation, Funding Rounds

Area9 Lyceum's most recent disclosed valuation is $15.4M.

Area9 Lyceum has raised $52.9M in total funding across 2 rounds, with its most recent round in 2021.

Area9 Lyceum Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$12.5M$0.4$25M$0.6$37.5M$0.8$50M$1$62.5M200620082010201220142016201820202021Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Funding round$22.9M--
2018Funding round$30M--

Founder / CEO

Ulrik Christensen

CEO

Executive Chairman and founding partner of Area9. Growing up in a family of educators, he have long had an affinity for both teaching and learning. Since founding his first company in 1997, he have continued to devote my professional life to advancing an improved, highly individualized way of learning, and have been driving the development of Area9 and McGraw-Hill Education’s adaptive learning platforms. Serving as the Executive Chairman for the Area9 Group that counts a high-end computer science company, Area9 Innovation, and Area9 Lyceum which was founded in 2018 to develop the next generation infrastructure for education targeting K-12, higher education, workforce development and corporate as well as government and defense. Area9 Group consolidated all education activities and assets in Area9 Lyceum including all of the adaptive learning products and platforms. Area9 Lyceum has in addition to the founders also the Danish Growth Fund which is the investment fund for the State of Denmark and several private individuals and families as investors. He is currently serve on the boards and advisory boards of several educational organizations, and have served on numerous boards - both commercial and non-profit - boards the past 20+ years . Specialties: Debriefing, simulation, adaptive learning, debriefing technologies, educational science, learning engineering, human factors, agile development, board member, executive leadership, strategy.

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Customers

We do not have customer count information for Area9 Lyceum yet.

Area9 Lyceum Employees & Team Size

Area9 Lyceum employs approximately 111 people as of 2026, including 6 sales reps that carry a quota.

Area9 Lyceum Team GrowthReported headcount over time025507510012520062008201020122014201620182020202100111111Source: GetLatka.com
YearMilestone
2021Reached 111 employees (April 2021)

Frequently Asked Questions about Area9 Lyceum

What is Area9 Lyceum's revenue?

Area9 Lyceum generates $5.1M in revenue.

Who founded Area9 Lyceum?

Area9 Lyceum was founded by Ulrik Christensen.

Who is the CEO of Area9 Lyceum?

The CEO of Area9 Lyceum is Ulrik Christensen.

How much funding does Area9 Lyceum have?

Area9 Lyceum raised $52.9M across 2 rounds.

How many employees does Area9 Lyceum have?

Area9 Lyceum has 111 employees.

Where is Area9 Lyceum headquarters?

Area9 Lyceum is headquartered in Chestut Hill, Massachusetts, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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