Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart person and this word also represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online email support.
The business also has complimentary mobile apps for both iPhone and Android – Magoosh Unc. 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 concerns with video descriptions.
Over the next 2 years, as Magoosh’s consumer base started to expand, the GMAT item and the Magoosh team continued to grow. Magoosh Unc. Pejman stepped away from the company in 2010 to pursue other chances however remained on the board. Hansoo and Bhavin hired 2 full-time staff members and, with them on board, developed a new preparation 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 companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an unusual case of non-smokers’ lung cancer and had to remove himself from day-to-day operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only remaining co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business released a full MCAT item. To date, Magoosh has about 30 in-office employees at its workplaces 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 Business owner magazine as one of the finest entrepreneurial companies in America.  San Francisco Company Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Entrepreneur 360 No. 111 Finest Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Finest Company: Education (2016) San Francisco Business Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Lab Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Way Trainees Preparation for Standardized Tests” – Magoosh Unc.
Obtained 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Endeavor Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Freshly Revised GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Magoosh Unc. “Interview With Creator Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Preparation Free Of Charge|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup 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. Retrieved 2013-06-21. “The Bay Location’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Magoosh Unc.com. 2016-04-10. Obtained 2015-06-11. “The Bay Area’s 100 fastest-growing personal 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. Recovered 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Magoosh Unc). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.