Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes 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 trainees through audio/video lessons, practice test concerns, and online e-mail assistance.
The business likewise has totally free mobile apps for both iPhone and Android – Magoosh Specials. Magoosh was founded in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were students at the Haas School of Service at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT math practice concerns with video explanations.
Over the next two years, as Magoosh’s customer base started to expand, the GMAT product and the Magoosh group continued to grow. Magoosh Specials. Pejman stepped far from business in 2010 to pursue other chances but stayed on the board. Hansoo and Bhavin employed 2 full-time staff members and, with them on board, developed a new preparation program for the GRE.
In December 2011, Magoosh gave away 800 complimentary SAT accounts to high school trainees through partnerships with Bay Location non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was detected with an unusual 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, founded The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it introduced full prep programs for the ACT, LSAT and Praxis exams. And in 2016, the business released 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 actually been ranked by Inc.
and by Entrepreneur magazine as one of the best entrepreneurial business in America.  San Francisco Service Times No. 21 Fastest-Growing Private Company in the Bay Location (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 Finest Employer: Education (2016) San Francisco Company 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 Endeavor Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Way Students Prep for Standardized Tests” – Magoosh Specials.
Obtained 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. Retrieved 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Recently Revised GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Magoosh Specials. “Interview With Founder Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep For Free|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Obtained 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Location’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Local Awards”. localwisejobs. Magoosh Specials.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Magoosh Specials). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.