Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a wise person and this word also represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that informs students through audio/video lessons, practice test concerns, and online email assistance.
The business likewise has totally free mobile apps for both iPhone and Android – Price Today. 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 Organisation at UC Berkeley. In June 2009, Magoosh released its very first item– GMAT mathematics practice concerns with video explanations.
Over the next 2 years, as Magoosh’s customer base began to expand, the GMAT item and the Magoosh team continued to grow. Price Today. Pejman stepped far from business in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin worked with 2 full-time staff members and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh handed out 800 free SAT accounts to high school trainees through partnerships with Bay Area non-profit organizations. 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 had to remove himself from everyday operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA trainees wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it launched complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company introduced a full MCAT item. To date, Magoosh has about 30 in-office workers at its offices in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to get ready for standardized exams.  The company has been ranked by Inc.
and by Entrepreneur publication as one of the very best entrepreneurial business in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Entrepreneur 360 No. 111 Best Entrepreneurial Company 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 Company Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Endeavor Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competition (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Method Students Preparation for Standardized Tests” – Price Today.
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. Recovered 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Newly Modified GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Price Today. “Interview With Founder Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Preparation Totally Free|Fox Company Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Obtained Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Price Today.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Price Today). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.