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 company based in Berkeley, California that educates trainees through audio/video lessons, practice test questions, and online email assistance.
The company likewise has free mobile apps for both iPhone and Android – Cheap Deal. 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 Business at UC Berkeley. In June 2009, Magoosh launched its first item– GMAT mathematics practice concerns with video explanations.
Over the next 2 years, as Magoosh’s customer base started to broaden, the GMAT item and the Magoosh group continued to grow. Cheap Deal. Pejman stepped away from business in 2010 to pursue other chances but stayed on the board. Hansoo and Bhavin worked with 2 full-time employees and, with them on board, developed a new preparation program for the GRE.
In December 2011, Magoosh handed out 800 complimentary SAT accounts to high school students through partnerships with Bay Area non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was identified with a rare case of non-smokers’ lung cancer and needed to remove himself from daily operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA trainees wishing to pursue their entrepreneurial ventures full-time. After Hansoo’s death, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it launched full prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company introduced a full MCAT product. To date, Magoosh has about 30 in-office employees at its offices in downtown Berkeley and more than 1.5 million trainees have actually utilized Magoosh’s web and mobile apps to prepare for standardized tests.  The company has been ranked by Inc.
and by Business owner publication as one of the best entrepreneurial companies in America.  San Francisco Service Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Business Owner 360 No. 111 Finest Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Company in the U.S. (2016) Localwise Best Employer: Education (2016) San Francisco Organisation 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 Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Lab Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Modifications the Way Students Preparation for Standardized Tests” – Cheap Deal.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Retrieved Jul 23, 2019. “Site Offers SAT Prep Free Of Charge|Fox Organisation Video”. Video.foxbusiness.com. 2011-11-08. Obtained 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Obtained Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Retrieved 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Cheap Deal.com. 2016-04-10. Recovered 2015-06-11. “The Bay Area’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Cheap Deal). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.