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How Regent Education CEO Jim Hermens grew Regent Education to $10.7M revenue with a 57 person team in 2024.

Regent Education is a software-as-a-service provider of financial aid management software solutions for higher education institutions.

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Regent Education Revenue

In 2024, Regent Education's revenue reached $10.7M. The company previously reported $7.1M in 2023. Since its launch in 1979, Regent Education has shown consistent revenue growth.

Regent Education Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232024$0$11MSource: GetLatka.com
YearMilestone
2024Regent Education Hit $10.7m revenue in October 2024
2023Regent Education Hit $7.1m revenue in December 2023
2022Regent Education Hit $6.2m revenue in May 2022
1979Launched with $0 revenue

Regent Education Valuation, Funding Rounds

Regent Education has not publicly disclosed its valuation. The company has raised $41.8M in total funding to date.

Regent Education has raised $41.8M in total funding across 9 rounds, most recently a $4M Venture Round round in 2022.

Regent Education Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$10M$20M$30M$40M$50M197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120221979 cumulative: $0 • 1979 Founded: $02006 cumulative: $4M • 1979 Founded: $0 • 2006 Series A: $4M2008 cumulative: $12M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M2010 cumulative: $13M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M • 2010 Venture Round: $1M2011 cumulative: $18M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M • 2010 Venture Round: $1M • 2011 Venture Round: $5M2012 cumulative: $20M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M • 2010 Venture Round: $1M • 2011 Venture Round: $5M • 2012 Series B: $3M2014 cumulative: $25M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M • 2010 Venture Round: $1M • 2011 Venture Round: $5M • 2012 Series B: $3M • 2014 Debt Financing: $5M2014 cumulative: $29M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M • 2010 Venture Round: $1M • 2011 Venture Round: $5M • 2012 Series B: $3M • 2014 Debt Financing: $5M • 2014 Series C: $4M2017 cumulative: $38M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M • 2010 Venture Round: $1M • 2011 Venture Round: $5M • 2012 Series B: $3M • 2014 Debt Financing: $5M • 2014 Series C: $4M • 2017 Venture Round: $9M2022 cumulative: $42M • 1979 Founded: $0 • 2006 Series A: $4M • 2008 Series B: $8M • 2010 Venture Round: $1M • 2011 Venture Round: $5M • 2012 Series B: $3M • 2014 Debt Financing: $5M • 2014 Series C: $4M • 2017 Venture Round: $9M • 2022 Venture Round: $4M$42M1979 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Venture Round$4M--
2017Venture Round$8.5M--
2014Debt Financing$5M--
2014Series C$4M--
2012Series B$2.5M--
2011Venture Round$4.6M--
2010Venture Round$1.3M--
2008Series B$8.3M--
2006Series A$3.6M--

Regent Education Employees & Team Size

Regent Education employs approximately 57 people as of 2026, down from 58 in 2023.

Regent Education has 57 total employees in different roles and functions and 4 sales reps that carry a quota.

Regent Education Team GrowthReported headcount over time01325385063197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232024005757Source: GetLatka.com
YearMilestone
2024Reached 57 employees (December 2024)
2024Reached 58 employees (October 2024)
2023Reached 58 employees (December 2023)
2022Reached 56 employees (December 2022)
2022Reached 52 employees (May 2022)
2021Reached 58 employees (December 2021)

Founder / CEO

Jim Hermens

Jim Hermens serves as the General Manager of Blackboard Analytics. In this capacity, he manages the product strategy, direction and vision for the Blackboard Analytics Platform. Most recently, Jim was Vice President of Product Management at Spectrum K-12 School Solutions, a leading provider of comprehensive management solutions for specialpopulations in K-12 education based in Towson, Maryland. Earlier, Jim spent 5 years at Blackboard in varied roles including serving as Senior Vice President, Global Services, and General Manager of the Blackboard Transaction Systems division.

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Customers

We do not have customer count information for Regent Education yet.

Frequently Asked Questions about Regent Education

What is Regent Education's revenue?

Regent Education generates $10.7M in revenue.

Who founded Regent Education?

Regent Education was founded by Jim Hermens.

Who is the CEO of Regent Education?

The CEO of Regent Education is Jim Hermens.

How much funding does Regent Education have?

Regent Education raised $41.8M.

How many employees does Regent Education have?

Regent Education has 57 employees.

Where is Regent Education headquarters?

Regent Education is headquartered in Frederick, Maryland, United States.

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Compare Regent Education to the industry

Regent Education operates across multiple industries. Browse revenue, funding, and growth data for Regent Education 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 .

Regent Education Revenue 2024: $10.7M ARR, $41.8M Raised