Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible person and this word also 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 concerns, and online e-mail assistance.
The business also has complimentary mobile apps for both iPhone and Android – Sale Price. 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 Organisation at UC Berkeley. In June 2009, Magoosh launched its first item– GMAT mathematics practice questions with video explanations.
Over the next 2 years, as Magoosh’s customer base started to broaden, the GMAT item and the Magoosh group continued to grow. Sale Price. Pejman stepped far from business in 2010 to pursue other chances but stayed on the board. Hansoo and Bhavin employed two full-time staff members and, with them on board, developed a brand-new preparation program for the GRE.
In December 2011, Magoosh gave away 800 free SAT accounts to high school trainees through partnerships with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was identified with a rare case of non-smokers’ lung cancer and had to remove himself from daily operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA trainees wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it introduced complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the company introduced a complete MCAT product. To date, Magoosh has about 30 in-office workers at its workplaces 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 been ranked by Inc.
and by Business owner magazine as one of the very best entrepreneurial companies in America.  San Francisco Company Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Entrepreneur 360 No. 111 Finest Entrepreneurial Business 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 Foundation Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competitors (2009) Innovative, The (2012-04-02). “The Innovative Business: Magoosh Changes the Way Trainees Prep for Standardized Tests” – Sale Price.
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2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Sale Price). 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. Retrieved 2013-06-21.