Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a sensible person and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online email assistance.
The business also has totally free mobile apps for both iPhone and Android – Yale Magoosh. Magoosh was founded in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were trainees at the Haas School of Service at UC Berkeley. In June 2009, Magoosh launched its very first item– GMAT math practice concerns with video descriptions.
Over the next two years, as Magoosh’s consumer base began to broaden, the GMAT product and the Magoosh group continued to grow. Yale Magoosh. Pejman stepped away from the company in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin worked with two full-time staff members and, with them on board, established a new preparation program for the GRE.
In December 2011, Magoosh provided away 800 free SAT accounts to high school students through collaborations with Bay Location non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and had to remove himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it released full prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company released a complete MCAT product. To date, Magoosh has about 30 in-office staff members at its offices in downtown Berkeley and more than 1.5 million students have used Magoosh’s web and mobile apps to prepare for standardized examinations.  The business has been ranked by Inc.
and by Entrepreneur magazine as one of the best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Entrepreneur 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 Business in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Endeavor Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Lab Competition (2009) Innovative, The (2012-04-02). “The Innovative Business: Magoosh Changes the Method Trainees Preparation for Standardized Tests” – Yale Magoosh.
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Rightstartups.com. 2013-04-20. Retrieved 2013-06-21. “Team”. Magoosh. Recovered Jul 23, 2019. “Site Offers SAT Prep For Free|Fox Organisation 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. Obtained Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Location’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Entrepreneur 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. Yale Magoosh.com. 2016-04-10. Recovered 2015-06-11. “The Bay Area’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. Recovered 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Yale Magoosh). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.