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How Blackboard CEO Bill Ballhaus grew Blackboard 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 by year$0$1M$3M$4M$5M$6M2009201120132015201720192021$0$6MSource: GetLatka.com
YearMilestone
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$15M20092009 cumulative: $12M • 2009 Funding round: $12M$12MSource: GetLatka.com
YearRoundAmountValuation% Sold
2009Funding round$12M--

Blackboard Employees & Team Size

Blackboard employs approximately 145 people as of 2026.

Blackboard has 145 total employees in different roles and functions.

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

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.

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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

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