Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible individual and this word also represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that informs students through audio/video lessons, practice test concerns, and online email support.
The company likewise has totally free mobile apps for both iPhone and Android – Warranty Return. 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 Business at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT math practice questions with video descriptions.
Over the next two years, as Magoosh’s client base began to broaden, the GMAT product and the Magoosh team continued to grow. Warranty Return. Pejman stepped far from the service in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin employed 2 full-time staff members and, with them on board, established a brand-new prep program for the GRE.
In December 2011, Magoosh distributed 800 free SAT accounts to high school students through partnerships with Bay Area non-profit companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was identified with an uncommon case of non-smokers’ lung cancer and needed to eliminate 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 utilized each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, 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 launched a complete MCAT product. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually utilized Magoosh’s web and mobile apps to prepare for standardized examinations.  The business has been ranked by Inc.
and by Business owner magazine as one of the finest entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Area (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 Best Employer: Education (2016) San Francisco Business Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Changes the Way Students Preparation for Standardized Tests” – Warranty Return.
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2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Warranty Return). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.