Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible individual and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online email support.
The company also has totally free mobile apps for both iPhone and Android – Colours. Magoosh was established 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 launched its very first product– GMAT math practice concerns with video explanations.
Over the next two years, as Magoosh’s customer base began to expand, the GMAT product and the Magoosh team continued to grow. Colours. Pejman stepped away from the company in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin hired 2 full-time workers and, with them on board, established a brand-new preparation program for the GRE.
In December 2011, Magoosh provided away 800 totally free SAT accounts to high school students through partnerships with Bay Area non-profit companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and needed to eliminate himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the business introduced a complete MCAT product. To date, Magoosh has about 30 in-office workers at its offices in downtown Berkeley and more than 1.5 million trainees have actually used Magoosh’s web and mobile apps to prepare for standardized tests.  The business has been ranked by Inc.
and by Business owner publication as one of the finest entrepreneurial business 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 Business in the U.S. (2016) Localwise Finest Company: Education (2016) San Francisco Service 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 Innovation Venture Lab Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Modifications the Way Students Prep for Standardized Tests” – Colours.
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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” (Colours). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.