Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a wise individual and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that educates trainees through audio/video lessons, practice test questions, and online e-mail assistance.
The company also has complimentary mobile apps for both iPhone and Android – Tips On. 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 Business at UC Berkeley. In June 2009, Magoosh launched its first item– GMAT mathematics practice concerns with video descriptions.
Over the next 2 years, as Magoosh’s client base started to broaden, the GMAT product and the Magoosh group continued to grow. Tips On. Pejman stepped away from the service in 2010 to pursue other chances but stayed on the board. Hansoo and Bhavin employed two full-time workers and, with them on board, established a brand-new preparation program for the GRE.
In December 2011, Magoosh distributed 800 free SAT accounts to high school trainees through partnerships with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and had 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 ventures full-time. After Hansoo’s passing, 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 tests. And in 2016, the business introduced 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 students have actually used Magoosh’s web and mobile apps to get ready for standardized tests.  The business has actually been ranked by Inc.
and by Business owner publication as one of the finest entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company in the Bay Area (2016) Entrepreneur 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Finest Company: Education (2016) San Francisco Organisation Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competition (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Tips On.
Recovered 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 Reveals a Video Bible for the Newly Modified GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Tips On. “Interview With Creator Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
Rightstartups.com. 2013-04-20. Retrieved 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep For Free|Fox Organisation 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. Obtained Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Retrieved 2013-06-21. “The Bay Location’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. Magazine “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Tips On.com. 2016-04-10. Obtained 2015-06-11. “The Bay Area’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Tips On). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.