Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart individual and this word also represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that informs trainees through audio/video lessons, practice test questions, and online e-mail assistance.
The company likewise has free mobile apps for both iPhone and Android – Magoosh “Capricious”. Magoosh was established in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were students at the Haas School of Company at UC Berkeley. In June 2009, Magoosh launched its very first item– GMAT math practice concerns with video descriptions.
Over the next 2 years, as Magoosh’s client base began to expand, the GMAT item and the Magoosh team continued to grow. Magoosh “Capricious”. Pejman stepped far from the company in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin employed 2 full-time employees 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 collaborations with Bay Location non-profit companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was identified with a rare 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, together with Lee’s fiancée Wendy Lim, founded 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 released full prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business introduced a full MCAT item. To date, Magoosh has about 30 in-office staff members at its offices in downtown Berkeley and more than 1.5 million trainees have actually utilized Magoosh’s web and mobile apps to get ready for standardized exams.  The company has been ranked by Inc.
and by Entrepreneur magazine 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) 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 Company: Education (2016) San Francisco Business Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Lab Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Way Trainees Prep for Standardized Tests” – Magoosh “Capricious”.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Site Offers SAT Preparation For Free|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Recovered Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Retrieved 2013-06-21. “The Bay Location’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Magoosh “Capricious”.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Magoosh “Capricious”). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.