Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible individual and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that informs trainees through audio/video lessons, practice test questions, and online email support.
The business likewise has totally free mobile apps for both iPhone and Android – Buy Financing. 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 Company at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT mathematics practice concerns with video descriptions.
Over the next two years, as Magoosh’s client base began to expand, the GMAT item and the Magoosh group continued to grow. Buy Financing. Pejman stepped far from business in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin employed 2 full-time staff members and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh distributed 800 complimentary 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 diagnosed with a rare case of non-smokers’ lung cancer and had to eliminate himself from everyday 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 students wishing 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 introduced complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business released a full MCAT item. To date, Magoosh has about 30 in-office employees at its offices in downtown Berkeley and more than 1.5 million students have used Magoosh’s web and mobile apps to get ready for standardized exams.  The company has actually been ranked by Inc.
and by Entrepreneur magazine as one of the best entrepreneurial companies in America.  San Francisco Company Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Business Owner 360 No. 111 Finest Entrepreneurial Company in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Best Company: Education (2016) San Francisco Company Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Endeavor Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Way Trainees Prep for Standardized Tests” – Buy Financing.
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2013-03-17. Recovered 2013-06-21. “The Bay Area’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Local Awards”. localwisejobs. Buy Financing.com. 2016-04-10. Obtained 2015-06-11. “The Bay Area’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Buy Financing). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.