Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible person and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online email assistance.
The business likewise has complimentary mobile apps for both iPhone and Android – On Amazon. 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 Service at UC Berkeley. In June 2009, Magoosh launched its first product– GMAT math practice questions with video descriptions.
Over the next 2 years, as Magoosh’s customer base began to expand, the GMAT item and the Magoosh team continued to grow. On Amazon. Pejman stepped away from business in 2010 to pursue other chances however remained on the board. Hansoo and Bhavin hired two full-time workers and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh offered away 800 totally free SAT accounts to high school students through collaborations with Bay Area 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 eliminate himself from day-to-day operations.
Bhavin Parikh and previous 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 company released a complete MCAT item. To date, Magoosh has about 30 in-office staff members at its offices in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to prepare for standardized tests.  The business has actually been ranked by Inc.
and by Entrepreneur magazine as one of the best entrepreneurial companies in America.  San Francisco Organisation 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 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 Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – On Amazon.
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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” (On Amazon). 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. Retrieved 2013-06-21.