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
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Sectors
Education
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series B
Dec 01, 2020
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Investors
Redpoint China Ventures
& 1 more
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Employee Count
Employee Count
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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.
Platform for delivering master's degrees and resources online
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $6.0M
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First Round
First Round
(28 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series B - Beacon Education | Valuation | Redpoint China Ventures |
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| Jun, 2019 | Amount | Series A - Beacon Education | Valuation | Telescope Investment |
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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.
| Investor | Description | Founded Year | Domain | Location |
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TMT focused VC firm for early-stage startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Beacon Education
Financial Statements - Beacon Education
Beacon Education Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online education programs are provided by Penn Foster.
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| domain | founded_year | HQ Location |
Undergraduate and graduate degrees are provided online by DeVry.
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| domain | founded_year | HQ Location |
Higher education programs are offered via an online portal.
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| domain | founded_year | HQ Location |
Blockchain-based university operations are managed with token custodianship for tuition.
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| domain | founded_year | HQ Location |
Associate degrees are offered online for transfer to four-year universities.
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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. The company's 1st funding round was a Series A of $5M, raised on Jun 28, 2019.
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.