Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a smart individual and this word also represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online e-mail support.
The business likewise has free mobile apps for both iPhone and Android – Helpline No. 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 launched its very first item– GMAT math practice questions with video descriptions.
Over the next 2 years, as Magoosh’s customer base began to expand, the GMAT item and the Magoosh group continued to grow. Helpline No. Pejman stepped far from business in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin employed two full-time employees and, with them on board, developed a new prep program for the GRE.
In December 2011, Magoosh handed out 800 free SAT accounts to high school students through collaborations with Bay Location non-profit companies. 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 needed to eliminate himself from day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA trainees wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it introduced complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company 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 trainees have utilized Magoosh’s web and mobile apps to prepare for standardized tests.  The company has actually been ranked by Inc.
and by Entrepreneur magazine as one of the very best entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Company in the Bay Area (2016) Business Owner 360 No. 111 Finest Entrepreneurial Company in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Best Company: Education (2016) San Francisco Service Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Modifications the Method Students Prep for Standardized Tests” – Helpline No.
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2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Helpline No). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.