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Valuation

$16.9M

2021 Revenue

$5.6M

Funding

$12M

Team

145

Founded

2009

How Blackboard CEO Bill Ballhaus grew to $5.6M revenue with a 145 person team in 2021.

Blackboard is an educational technology company. The company offers platform consulting, managed hosting, student services, training services, online program management and enterprise consulting services. It serves higher education, K-12, career colleges, corporations, associations, government and military markets. Founded in 1997, the company is headquartered in Washington, District of Columbia. The company's acquisition strategy focuses on bringing smaller companies with the goal of scaling and integrating new technology in-house.

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Blackboard Revenue

In 2021, Blackboard's revenue reached $5.6M. Since its launch in 2009, Blackboard has shown consistent revenue growth.

Blackboard Revenue GrowthReported revenue / ARR over time$0$1M$3M$4M$5M$6M2009201120132015201720192021$0$6MSource: GetLatka.com
YearMilestoneQuote
2021Blackboard Hit $5.6m revenue in April 2021
2009Launched with $0 revenue

Blackboard Valuation, Funding Rounds

Blackboard's most recent disclosed valuation is $16.9M.

Blackboard has raised $12M in total funding across 1 round, with its most recent round in 2009.

Blackboard Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$3M$6M$9M$12M$15M2009$12MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2009Funding round$12M--

Founder / CEO

Bill Ballhaus

Chairman and CEO at Blackboard. From January 2016 to present. Prior to joining Blackboard in 2016, Bill was President and CEO of SRA International, where he fostered a culture of innovation that emphasised anticipating customer needs. He was responsible for enhancing the company’s portfolio in cybersecurity, cloud computing, mobilisation, agile system development, ERP and data analytics.

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Customers

We do not have customer count information for Blackboard yet.

Blackboard Employees & Team Size

Blackboard employs approximately 145 people as of 2026.

Blackboard Team GrowthReported headcount over time04080120160200920112013201520172019202100145145Source: GetLatka.com
YearMilestone
2021Reached 145 employees (April 2021)

Frequently Asked Questions about Blackboard

What is Blackboard's revenue?

Blackboard generates $5.6M in revenue.

Who founded Blackboard?

Blackboard was founded by Bill Ballhaus.

Who is the CEO of Blackboard?

The CEO of Blackboard is Bill Ballhaus.

How much funding does Blackboard have?

Blackboard raised $12M.

How many employees does Blackboard have?

Blackboard has 145 employees.

Where is Blackboard headquarters?

Blackboard is headquartered in Reston, Virginia, United States.

Compare Blackboard to the industry

Blackboard operates across multiple industries. Browse revenue, funding, and growth data for Blackboard in each sector below.

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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Blackboard Revenue 2021: $5.6M ARR, $16.9M Valuation