Jamie Beaton
Crimson Consulting’s Jamie Beaton was still a teenager when he founded the education business in 2014. Crimson’s core business is tutoring for high school students, with a view to winning scholarships at highly competitive Ivy League universities in the US.
To date, more than 90 offers of entry to Ivy League institutions have been achieved. As well, there have been 26 invitations to Oxbridge institutions; $34.7 million in scholarships; and over 310 entries to Top 50 United States universities.
The service works by connecting prospective university applicants to a selected team of five to 10 advisers, chosen from a brains trust of more than 2000 academic all-stars. Creating a proprietary client-mentor matching algorithm, which factors in a student’s personality and individual learning style, has helped galvanise the process.
Beaton’s own experience of applying to attend top universities in the US (he studied at Harvard and completed an MBA at Stanford) served as a blueprint.
While at Harvard he worked parttime as an analyst for billionaire Julian Robertson’s New York-based Tiger Management.
Crimson has been through a series of capital-raising rounds, including $41m from Tiger last September, which reportedly gave it a valuation of more than $200m. Herald. “So really, the first message is take it seriously and understand that if you’re not up in this cyber arms race then you’re losing and you need to catch up.” His first company, Aura Infosec, became a leader in information security, until Prow realised that just finding security flaws didn’t make them more secure — it just pointed out issues. That saw the birth of RedShield in 2009. According to EY, it was the first company to create “100 per cent vulnerability remediation without the customer requiring any back-application application or code changes.”