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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise person and this word also represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that informs students through audio/video lessons, practice test questions, and online email assistance.
The company also has totally free mobile apps for both iPhone and Android – $15 Off Magoosh. 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 Organisation at UC Berkeley. In June 2009, Magoosh launched its very first product– GMAT mathematics practice concerns with video explanations.
Over the next 2 years, as Magoosh’s customer base began to broaden, the GMAT product and the Magoosh team continued to grow. $15 Off Magoosh. Pejman stepped away from the business in 2010 to pursue other chances however remained on the board. Hansoo and Bhavin employed two full-time workers and, with them on board, developed a brand-new preparation program for the GRE.
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In December 2011, Magoosh offered away 800 complimentary SAT accounts to high school trainees through partnerships 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 had to remove himself from day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA trainees wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s death, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it launched full prep programs for the ACT, LSAT and Praxis exams. And in 2016, the business released a complete MCAT product. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually used Magoosh’s web and mobile apps to prepare for standardized examinations.  The company has actually been ranked by Inc.
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and by Entrepreneur publication as one of the best entrepreneurial companies in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Company 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 Finest Employer: Education (2016) San Francisco Business Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business 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 Company: Magoosh Changes the Method Trainees Prep for Standardized Tests” – $15 Off Magoosh.
Obtained 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Equity Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Newly Revised GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – $15 Off Magoosh. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
$15 Off Magoosh
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Site Offers SAT Preparation For Free|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 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 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. Magazine “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. $15 Off Magoosh.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Retrieved 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” ($15 Off Magoosh). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.