Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a sensible person and this word also represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that informs trainees through audio/video lessons, practice test questions, and online email support.
The business likewise has complimentary mobile apps for both iPhone and Android – Magoosh Stymie. 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 Service at UC Berkeley. In June 2009, Magoosh launched its very first product– GMAT mathematics practice questions with video explanations.
Over the next 2 years, as Magoosh’s client base began to expand, the GMAT product and the Magoosh team continued to grow. Magoosh Stymie. Pejman stepped away from business in 2010 to pursue other chances however 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 gave away 800 complimentary SAT accounts to high school students through collaborations with Bay Area non-profit companies. 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 needed to remove himself from everyday 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 utilized each year to support Haas MBA students wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it introduced full prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business released a complete MCAT item. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million students have used Magoosh’s web and mobile apps to prepare for standardized examinations.  The company has been ranked by Inc.
and by Entrepreneur publication 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 Company in the U.S. (2016) Localwise Finest Employer: Education (2016) San Francisco Service Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Endeavor Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Innovative Company: Magoosh Changes the Way Trainees Prep for Standardized Tests” – Magoosh Stymie.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Prep Totally Free|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved 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 Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Business owner Magazine”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Magoosh Stymie.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Area’s 100 fastest-growing personal 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 Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Magoosh Stymie). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.