Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart person and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that educates students through audio/video lessons, practice test questions, and online e-mail assistance.
The business also has complimentary mobile apps for both iPhone and Android – Buying Cheap. Magoosh was founded in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were trainees at the Haas School of Company at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT mathematics practice concerns with video descriptions.
Over the next two years, as Magoosh’s client base began to broaden, the GMAT item and the Magoosh team continued to grow. Buying Cheap. Pejman stepped far from business in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin hired 2 full-time workers and, with them on board, developed a new prep program for the GRE.
In December 2011, Magoosh provided away 800 complimentary SAT accounts to high school trainees through collaborations with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was identified with an unusual case of non-smokers’ lung cancer and needed to eliminate himself from day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it released full prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business released a complete MCAT item. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million students have utilized Magoosh’s web and mobile apps to prepare for standardized examinations.  The company has actually been ranked by Inc.
and by Entrepreneur publication as one of the best entrepreneurial companies in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Business Owner 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Company in the U.S. (2016) Localwise Finest Employer: Education (2016) San Francisco Business Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Trainees Prep for Standardized Tests” – Buying Cheap.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Venture Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – Buying Cheap. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Site Offers SAT Preparation For Free|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Buying Cheap.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Buying Cheap). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.