Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to 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 educates students through audio/video lessons, practice test questions, and online e-mail assistance.
The business likewise has complimentary mobile apps for both iPhone and Android – Helpline Number. 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 very first product– GMAT mathematics practice concerns with video explanations.
Over the next two years, as Magoosh’s consumer base started to broaden, the GMAT product and the Magoosh team continued to grow. Helpline Number. Pejman stepped far from the service in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin hired 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 students through partnerships with Bay Area non-profit companies. It was also 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 daily 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 used each year to support Haas MBA students 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 released full prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business released a full MCAT product. To date, Magoosh has about 30 in-office workers 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 exams.  The business has been ranked by Inc.
and by Entrepreneur publication as one of the best entrepreneurial business in America.  San Francisco Organisation 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 Business in the U.S. (2016) Localwise Finest Employer: Education (2016) San Francisco Organisation 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 Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Way Students Preparation for Standardized Tests” – Helpline Number.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Site Offers SAT Preparation For Free|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Recovered 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 entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Location’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Helpline Number.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Helpline Number). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.