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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart individual and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that educates students through audio/video lessons, practice test questions, and online e-mail support.
The business likewise has complimentary mobile apps for both iPhone and Android – Cheap Deals Now. 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 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 started to broaden, the GMAT item and the Magoosh group continued to grow. Cheap Deals Now. Pejman stepped away from the service in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin worked with two full-time workers and, with them on board, established a brand-new preparation program for the GRE.
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In December 2011, Magoosh distributed 800 free SAT accounts to high school students through partnerships with Bay Area non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was identified with an unusual case of non-smokers’ lung cancer and had to remove himself from daily operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA trainees 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 complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company launched 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 trainees have actually utilized Magoosh’s web and mobile apps to get ready for standardized examinations.  The company has actually been ranked by Inc.
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and by Entrepreneur magazine as one of the very best entrepreneurial companies in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 360 No. 111 Best Entrepreneurial Business 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 Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Way Students Prep for Standardized Tests” – Cheap Deals Now.
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. Obtained 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Freshly Modified GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Cheap Deals Now. “Interview With Creator Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep For Free|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Obtained 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up 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 Area’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Cheap Deals Now.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing private business 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 Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Cheap Deals Now). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.