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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 research study abroad counselling company based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online email support.
The business also has free mobile apps for both iPhone and Android – For Sale Online. 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 first item– GMAT mathematics practice questions with video descriptions.
Over the next 2 years, as Magoosh’s customer base began to expand, the GMAT item and the Magoosh group continued to grow. For Sale Online. Pejman stepped away from the organisation in 2010 to pursue other chances however remained on the board. Hansoo and Bhavin hired 2 full-time workers and, with them on board, developed a brand-new prep program for the GRE.
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In December 2011, Magoosh distributed 800 complimentary SAT accounts to high school trainees through collaborations with Bay Location non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was detected with a rare case of non-smokers’ lung cancer and needed to eliminate himself from daily operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it launched complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business released a complete MCAT item. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually used Magoosh’s web and mobile apps to prepare for standardized examinations.  The business has actually been ranked by Inc.
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and by Business owner magazine as one of the best entrepreneurial business in America.  San Francisco Service Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 360 No. 111 Best Entrepreneurial Company in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Finest Employer: Education (2016) San Francisco Organisation Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Modifications the Way Trainees Prep for Standardized Tests” – For Sale Online.
Retrieved 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Equity Capital Dispatch – WSJ”. Blogs.wsj.com. Obtained 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – For Sale Online. “Interview With Founder Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
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Rightstartups.com. 2013-04-20. Retrieved 2013-06-21. “Group”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Preparation Totally Free|Fox Company Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Recovered Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Area’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Business owner Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Local Awards”. localwisejobs. For Sale Online.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Location’s 100 fastest-growing private companies of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (For Sale Online). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.