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.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Blackboard Hit $5.6m revenue in April 2021 | |
| 2009 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2009 | Funding 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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
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| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Blackboard yet.
Blackboard Employees & Team Size
Blackboard employs approximately 145 people as of 2026.
| Year | Milestone |
|---|---|
| 2021 | Reached 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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