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Crimson Education

“Can Crimson Education become the global operating system for elite university admissions by combining technology, human mentorship, and flexible payment infrastructure across 21+ markets?”

Founded2013
HQAuckland, New Zealand
FoundersJamie Beaton, Fangzhou Jiang, Sharndre Kushor
Total raised$75M
Latest roundSeries D
Valuation~NZ$1B post-money (2022)
IndustryVertical SaaS / Education
The story

Founded in 2013 as a boutique college admissions consultancy in New Zealand, Crimson Education scaled internationally by combining human mentorship with a technology platform. It expanded beyond admissions consulting into an online high school (Crimson Global Academy) and research/test-prep verticals, growing to 21 markets. The embedded finance angle is primarily operational: Stripe powers multi-currency billing and payment plans across markets, enabling the company to collect high-ticket consultancy fees ($25K–$200K) from families worldwide in local currencies.

Last 12 months
2025-03
2026-04
Product timeline
2013
Founded in New Zealand as a college admissions consultancy focused on helping students gain entry to elite US and UK universities.· pivot
2019
Raised $5M at a $245M valuation, expanding global platform and tutoring/mentoring services.· banking
2022
Completed Series D funding round of $40.5M, reaching ~NZ$1B post-money valuation; expanded to 21 markets and 26 global offices.· acquisition
2024
Crimson Global Academy ranked #4 in the US for online high schools by Niche.com; company surpassed 1,340 Ivy League acceptances.· pivot
2026
Partnership announced with Citigroup to provide Citigold Private Client customers access to international education planning services.· acquisition
The stack
1 layer disclosed in Crimson Education’s embedded-finance stack
Payments / PSP
Stripe
Accounting gap: none

Crimson Education — frequently asked

Who is Crimson Education's payment processor?

Crimson Education processes payments through Stripe.

Who founded Crimson Education?

Crimson Education was founded by Jamie Beaton, Fangzhou Jiang and Sharndre Kushor and is founded in 2013, headquartered in Auckland, New Zealand.

How much funding has Crimson Education raised?

Crimson Education has raised $75M in total (latest round: Series D; valuation: ~NZ$1B post-money (2022)).

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