Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart person and this word also represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that educates trainees through audio/video lessons, practice test concerns, and online e-mail support.
The business also has complimentary mobile apps for both iPhone and Android – Sale Cheap. Magoosh was founded in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were trainees at the Haas School of Service at UC Berkeley. In June 2009, Magoosh released its first product– GMAT math practice questions 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. Sale Cheap. Pejman stepped far from business in 2010 to pursue other chances however remained on the board. Hansoo and Bhavin employed two full-time staff members and, with them on board, established a brand-new prep program for the GRE.
In December 2011, Magoosh distributed 800 complimentary SAT accounts to high school students through partnerships 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 day-to-day operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it released full 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 staff members at its workplaces in downtown Berkeley and more than 1.5 million students have actually utilized Magoosh’s web and mobile apps to prepare for standardized tests.  The company has been ranked by Inc.
and by Business owner publication as one of the very best entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Business in the Bay Area (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 Company Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Modifications the Method Trainees Preparation for Standardized Tests” – Sale Cheap.
Recovered 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. Retrieved 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Recently Revised GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – Sale Cheap. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Preparation Free Of Charge|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Location’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Business owner Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Sale Cheap.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Area’s 100 fastest-growing personal business of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Sale Cheap). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.