Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise individual and this word also 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 concerns, and online e-mail support.
The business likewise has free mobile apps for both iPhone and Android – Magoosh Store. 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 Business at UC Berkeley. In June 2009, Magoosh released its first item– GMAT mathematics practice questions with video descriptions.
Over the next 2 years, as Magoosh’s consumer base began to expand, the GMAT product and the Magoosh team continued to grow. Magoosh Store. Pejman stepped far from the organisation in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin hired 2 full-time employees and, with them on board, developed a brand-new prep program for the GRE.
In December 2011, Magoosh provided away 800 free SAT accounts to high school trainees through collaborations with Bay Area non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was detected with an uncommon case of non-smokers’ lung cancer and needed to eliminate himself from everyday operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is utilized 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 remaining co-founder of Magoosh.
In 2015, it launched complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the company 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 used Magoosh’s web and mobile apps to prepare for standardized exams.  The company has been ranked by Inc.
and by Entrepreneur magazine as one of the very best entrepreneurial business in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Company in the Bay Area (2016) Business Owner 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Company in the U.S. (2016) Localwise Best Employer: Education (2016) San Francisco Business 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 Lab Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Trainees Prep for Standardized Tests” – Magoosh Store.
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. Obtained 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Recently Revised GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Magoosh Store. “Interview With Creator Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Prep Free Of Charge|Fox Company Video”. Video.foxbusiness.com. 2011-11-08. Obtained 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Location’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Local Awards”. localwisejobs. Magoosh Store.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing private companies 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. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Magoosh Store). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.