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 research study abroad counselling company based in Berkeley, California that educates trainees through audio/video lessons, practice test questions, and online email assistance.
The business also has free mobile apps for both iPhone and Android – Tutorial Video. 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 launched its first item– GMAT math practice questions with video descriptions.
Over the next two years, as Magoosh’s customer base began to broaden, the GMAT product and the Magoosh team continued to grow. Tutorial Video. Pejman stepped far from the business in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin hired 2 full-time workers and, with them on board, developed a new preparation program for the GRE.
In December 2011, Magoosh handed out 800 free SAT accounts to high school trainees through partnerships with Bay Location non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was detected with a rare case of non-smokers’ lung cancer and had to remove 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 Business Owners, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s death, Bhavin ended up being 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 full MCAT item. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to get ready for standardized exams.  The company has actually been ranked by Inc.
and by Business owner magazine as one of the very best entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Company in the Bay Location (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 Company Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Endeavor Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competition (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Way Trainees Prep for Standardized Tests” – Tutorial Video.
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Rightstartups.com. 2013-04-20. Retrieved 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Site Offers SAT Preparation Free Of Charge|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Obtained 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 dies at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Location’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Local Awards”. localwisejobs. Tutorial Video.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Area’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Tutorial Video). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.