Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a wise individual and this word likewise 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 concerns, and online email assistance.
The company likewise has free mobile apps for both iPhone and Android – Warranty Worldwide. 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 first item– GMAT mathematics practice questions with video explanations.
Over the next two years, as Magoosh’s client base started to expand, the GMAT product and the Magoosh group continued to grow. Warranty Worldwide. Pejman stepped away from business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin worked with two full-time staff members and, with them on board, established a brand-new prep program for the GRE.
In December 2011, Magoosh distributed 800 totally 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 an unusual case of non-smokers’ lung cancer and had to remove himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only remaining 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 item. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million students have actually utilized Magoosh’s web and mobile apps to prepare for standardized exams.  The company has actually been ranked by Inc.
and by Business owner magazine as one of the very best entrepreneurial companies in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Entrepreneur 360 No. 111 Finest Entrepreneurial Business 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 Organisation 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 Endeavor Lab Competition (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Way Students Prep for Standardized Tests” – Warranty Worldwide.
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2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Warranty Worldwide). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.