Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart individual 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 email assistance.
The business also has complimentary mobile apps for both iPhone and Android – Coupon June. 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 released its very first item– GMAT math practice concerns with video explanations.
Over the next 2 years, as Magoosh’s consumer base started to expand, the GMAT item and the Magoosh group continued to grow. Coupon June. Pejman stepped away from the service in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin hired two full-time staff members and, with them on board, developed a brand-new prep program for the GRE.
In December 2011, Magoosh provided away 800 free SAT accounts to high school students through partnerships with Bay Location non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an uncommon case of non-smokers’ lung cancer and needed to eliminate himself from day-to-day operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s death, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it released complete 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 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 exams.  The business has actually been ranked by Inc.
and by Business owner publication as one of the very best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company in the Bay Area (2016) Entrepreneur 360 No. 111 Finest Entrepreneurial Company 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 Company Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Method Students Prep for Standardized Tests” – Coupon June.
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2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Coupon June). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.