Crimson Education

Crimson Education is a multinational university admissions consultancy headquartered in Auckland, New Zealand. It is designated as an Educational and Training Services B2C.

The business specializes in providing college-prep services focused toward students gaining admission at elite universities including Ivy League institutions. It charges students between NZ$2,000 - $30,000 for its university admissions support services aimed at obtaining entry at top international universities, or NZ$80 an hour for tutoring.[1][2][3]

Crimson Education also operates an online high school, the Crimson Global Academy which Niche.com has ranked #3 in the US for online high schools and #25 among all US private high schools.[4]

According to WSJ, "Crimson Education is valued at $554 million, with key investors including Tiger Management, Icehouse Ventures, and Verlinvest. The firm has raised $75 million over five funding rounds."[5] As of 2024 the company is privately held, with a post-money valuation of around NZ $1B following a 2022 funding round.[6]

The company is heavily branded around Jamie Beaton, one of its founders, who is notable in part for having obtained a remarkably large number of credentials from various elite international universities.[1] Crimson Education currently operates in 13 key markets and has 30 offices around the world, including Auckland, Bangkok, Beijing, New Delhi, Hong Kong, Dubai, Jakarta, London, Singapore, Sydney and Taipei.

  1. ^ a b Nippert, Matt (4 February 2016). "Meet Jamie Beaton, the 20 year-old worth $40 million". The New Zealand Herald. Archived from the original on 9 January 2023. Retrieved 9 January 2023.
  2. ^ "Stuff". www.stuff.co.nz. Retrieved 2024-03-21.
  3. ^ Flaws, Bonnie. "Partnership with private school group could add 45,000 students to Crimson Consulting's books". www.stuff.co.nz. Retrieved 2024-08-17.
  4. ^ "2024 Crimson Global Academy, USA Rankings". Niche. Retrieved 2024-10-22.
  5. ^ "The Guru Who Says He Can Get Your 11-Year-Old Into Harvard". The Wall Street Journal.
  6. ^ "Kiwi unicorn Crimson Education seeks capital partner, bankers up". Australian Financial Review. 2024-01-15. Retrieved 2024-03-19.