Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise person and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that educates trainees through audio/video lessons, practice test questions, and online e-mail support.
The company likewise has free mobile apps for both iPhone and Android – Quality Magoosh. Magoosh was established 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 released its first item– GMAT mathematics practice concerns with video descriptions.
Over the next two years, as Magoosh’s customer base started to broaden, the GMAT product and the Magoosh team continued to grow. Quality Magoosh. Pejman stepped far from the business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin hired 2 full-time employees and, with them on board, developed a new preparation program for the GRE.
In December 2011, Magoosh distributed 800 complimentary SAT accounts to high school trainees through partnerships with Bay Location non-profit organizations. 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 needed to remove himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA students 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 launched complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business introduced a full 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 been ranked by Inc.
and by Business owner magazine as one of the very best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Entrepreneur 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 Employer: Education (2016) San Francisco Business 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 Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Method Trainees Prep for Standardized Tests” – Quality Magoosh.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Endeavor Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – Quality Magoosh. “Interview With Creator Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Recovered Jul 23, 2019. “Site Offers SAT Prep Totally Free|Fox Service 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. Recovered Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Quality Magoosh.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing private companies of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Quality 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.