Beacon Education

Beijing, China Founded: 2018 • Age: 8 yrs
Online degree programs are provided for students via international partnerships.
Annual revenue - Latest available
Total funding $11.0M 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Beacon Education

Beacon Education is a company based in Beijing (China) founded in 2018 by Michael Wang. Beacon Education has raised $11 million across 2 funding rounds from investors including Redpoint China Ventures and Telescope Investment. Beacon Education offers products and services including Online Learning Platform and Marketing and Recruitment Services. Beacon Education operates in a competitive market with competitors including Penn Foster, DeVry, Lottus, Woolf and Altius Education, among others.

  • Headquarter Beijing, China
  • Founders Michael Wang
  • Sectors
    Education
  • Phone
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  • Website
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  • Social
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Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $11 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6 M (USD), Series B

    Dec 01, 2020

  • Investors
  • Employee Count
    Not available
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Products & Services of Beacon Education

Beacon Education offers a comprehensive portfolio of products and services, including Online Learning Platform and Marketing and Recruitment Services.

Product name locked
Category locked
Primary

Platform for delivering master's degrees and resources online

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Services for promoting and enrolling students in programs

Funding Insights of Beacon Education

Beacon Education has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Beacon Education

Beacon Education has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Redpoint China Ventures and Telescope Investment.

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Venture Fund
Investor Description Founded Year Domain Location
TMT focused VC firm for early-stage startups
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Investor details for Beacon Education

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Investments & Acquisitions by Beacon Education

Investments
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Investment portfolio details for Beacon Education

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  • Transaction dates
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Financial Statements - Beacon Education

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Detailed financials for Beacon Education

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  • Profit trends
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Beacon Education Comparisons

Beacon Education Primary company
Description
Online degree programs are provided for students via interna...
Location
Beijing, China
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Beacon Education

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Competitors of Beacon Education

Beacon Education operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Penn Foster, DeVry, Lottus, Woolf and Altius Education, among others.

Company Name Domain Founded year HQ Location Description
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Online education programs are provided by Penn Foster.
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Undergraduate and graduate degrees are provided online by DeVry.
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Higher education programs are offered via an online portal.
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Blockchain-based university operations are managed with token custodianship for tuition.
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Associate degrees are offered online for transfer to four-year universities.
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Detailed competitors of Beacon Education

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Latest news on Beacon Education

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Complete news archive for Beacon Education

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Frequently Asked Questions about Beacon Education

Beacon Education was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Beacon Education is headquartered in Beijing, China.

Michael Wang is the current CEO of Beacon Education. They have also founded this company.

Beacon Education is a funded company, having raised a total of $11M across 2 funding rounds to date.

Beacon Education was founded in 2018 in Beijing, China, within the education technology sector. Online degree programs and related services are offered to students through collaborations with foreign companies. A cloud-based technology suite is utilized to support educators and students, enabling personalized recruitment, teaching, learning, and professional growth based on engagement data and analytics. Operations focus on digital platforms for global accessibility.

Beacon Education's top competitors include Penn Foster, Nexford and DeVry.

Beacon Education offers Online Learning Platform and Marketing and Recruitment Services.

Beacon Education has 2 investors. Key investors include Redpoint China Ventures, and Telescope Investment.

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