Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a smart person and this word also 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 e-mail support.
The company likewise has free mobile apps for both iPhone and Android – Amazon Magoosh. Magoosh was established in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were trainees at the Haas School of Organisation at UC Berkeley. In June 2009, Magoosh launched its very first product– GMAT math practice concerns with video explanations.
Over the next 2 years, as Magoosh’s customer base started to expand, the GMAT item and the Magoosh group continued to grow. Amazon Magoosh. Pejman stepped away from the business in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin employed two full-time staff members and, with them on board, developed a brand-new prep program for the GRE.
In December 2011, Magoosh provided away 800 complimentary SAT accounts to high school trainees through collaborations with Bay Location non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an uncommon case of non-smokers’ lung cancer and needed to eliminate himself from day-to-day operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA trainees wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it introduced 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 workers at its workplaces in downtown Berkeley and more than 1.5 million trainees have used Magoosh’s web and mobile apps to prepare for standardized examinations.  The business 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 Best 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 Organisation Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Amazon Magoosh.
Obtained 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Venture Capital Dispatch – WSJ”. Blogs.wsj.com. Recovered 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Freshly Revised GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – Amazon Magoosh. “Interview With Founder Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Obtained Jul 23, 2019. “Site Offers SAT Prep For Free|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. 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 Area’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Amazon 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. Retrieved 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Amazon Magoosh). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.