Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise individual and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online e-mail support.
The business likewise has totally free mobile apps for both iPhone and Android – Buy Outright. 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 Service at UC Berkeley. In June 2009, Magoosh launched its first item– GMAT mathematics practice questions with video explanations.
Over the next two years, as Magoosh’s customer base began to expand, the GMAT product and the Magoosh team continued to grow. Buy Outright. Pejman stepped away from business in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin employed 2 full-time staff members and, with them on board, developed a new prep program for the GRE.
In December 2011, Magoosh distributed 800 totally 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 diagnosed with an uncommon case of non-smokers’ lung cancer and needed to remove himself from everyday operations.
Bhavin Parikh and former 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 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 launched full prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business released a complete MCAT product. To date, Magoosh has about 30 in-office employees at its offices in downtown Berkeley and more than 1.5 million trainees have used Magoosh’s web and mobile apps to prepare for standardized tests.  The company has been ranked by Inc.
and by Business owner publication as one of the best entrepreneurial companies in America.  San Francisco Service Times No. 21 Fastest-Growing Private Company 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 Finest 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 Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Lab Competition (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Modifications the Method Trainees Preparation for Standardized Tests” – Buy Outright.
Obtained 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Venture Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Buy Outright. “Interview With Founder 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. Recovered Jul 23, 2019. “Site Offers SAT Preparation Free Of Charge|Fox Business 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 dies at age 35 – The Daily Californian”.
2013-03-17. Retrieved 2013-06-21. “The Bay Location’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Buy Outright.com. 2016-04-10. Obtained 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. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Buy Outright). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.