Jamie Beaton
Jamie Beaton is a New Zealand entrepreneur who founded Crimson Education.
In 2016, he graduated from Harvard University with a master's degree in applied mathematics. In 2022, a venture capital fund valued Crimson Education at US$550 million.
Early life and education
Jamie Beaton was born and raised in Auckland. His parents were property managers. He attended King's College, Auckland on an academic scholarship. Beaton graduated with a bachelor's degree and master's degree in applied mathematics from Harvard University in 2016 after three years of study. He also has two degrees from Stanford University and a master's degree in global affairs from Tsinghua University in Beijing. In 2023, he received his Juris Doctor from Yale Law School.Business
In 2013, Beaton founded Crimson Education, a university and college admission preparation company, with Fangzhou Jiang and Sharndre Kushor. The business attracted investments of approximately 1.4 million. Hedge fund managers Julian Robertson and Chase Coleman, as well as Alex Robertson and Soichiro Fukutake were the primary initial investors. Customers of Crimson Education have reported paying thousands of dollars for tutoring services when attempting to gain entry to an Ivy League school., the business had 630 full-time staff and more than 3,000 tutors and mentors. In the same year a capital raise by a venture capital fund valued the company at 550 million. In 2024, the company was valued at $1 billion after a Series D funding.
Lawsuits
In 2017, Crimson Education was involved in a breach of contract litigation with a former employee. The matter was eventually subject to a confidential settlement. In 2018, the University of Auckland filed a suit against a Crimson Education subsidiary, alleging breach of copyright. The suit was eventually settled.In January 2021 it was reported that a $10-million High Court lawsuit had been filed by a competitor of Crimson involving allegations of employee poaching. Beaton had also filed a civil assault claim against the owner of that competitor. Crimson Education chose not to comment on the assault claim filed by Beaton. Crimson stated it was not unusual for companies like Crimson to "experience some commercial litigation". In May 2022, media reported that the parties reached a confidential settlement.
Personal life and politics
Beaton was in a relationship with Crimson Education co-founder Sharndre Kushor. Beaton and Kushor met during their secondary education at a List of [model United Nations conferences|Model United Nations conference]. they were no longer in a relationship.Beaton sat on the review panel of the centre-right New Zealand National Party election campaign after the party lost the 2020 election.
In 2025 Beaton was listed in 112th place on the NBR Rich List, with an estimated net worth of $220 million.