Jamie Beaton Leading the Ivy League Charge
New Zealand-born Jamie Beaton dreamt big when he finished high school. He applied for 25 international universities and received an offer from all of them, Henrietta Cook writes for the Age in a feature about the increase in Antipodeans applying for university admission abroad.
Beaton settled on Harvard University, completing a Bachelor of Arts and Applied Mathematics and a Masters of Science and Applied Mathematics. The application process inspired him to co-found Crimson Education.
“I found the process very stressful,” Beaton admitted. “It is very thorough and holistic but it requires you to be committed to the process.”
In the past two years, Crimson Education has helped students secure 90 offers at Ivy League universities, and 26 offers to Oxford and Cambridge universities.
It has also helped these students access $24.3 million worth of scholarships. While the bulk of its clients are in New Zealand and Australia, the company also works with students in Singapore, South Korea, Vietnam, Thailand, Russia, Britain and the United States.
Beaton is one of the youngest people ever to be accepted into the Stanford Business School.
Beaton founded Crimson Education with fellow Aucklander Sharndre Kushor (pictured).
In late-2016 Crimson closed a $39.5 million capital raising deal led by New York-based private equity giant Tiger Global and Tiger Global Management.
According to an Australian Financial Review interview, Beaton says the capital raised will contribute towards expanding the start-up’s engineering team in order to keep improving its core online learning management platform.
Original article by Henrietta Cook, The Age, April 11, 2017.