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 company based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online e-mail support.
The company also has complimentary mobile apps for both iPhone and Android – Used Cheap. 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 released its first item– GMAT mathematics practice questions with video descriptions.
Over the next 2 years, as Magoosh’s customer base started to expand, the GMAT product and the Magoosh group continued to grow. Used Cheap. Pejman stepped away from the company in 2010 to pursue other opportunities however remained 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 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 identified with a rare case of non-smokers’ lung cancer and had to eliminate himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA trainees wishing to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only remaining co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company launched a full MCAT item. To date, Magoosh has about 30 in-office staff members at its offices in downtown Berkeley and more than 1.5 million trainees have actually used Magoosh’s web and mobile apps to get ready for standardized tests.  The company has actually been ranked by Inc.
and by Entrepreneur publication as one of the very best entrepreneurial companies in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Business Owner 360 No. 111 Finest Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Best Company: Education (2016) San Francisco Organisation 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 Endeavor Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Modifications the Method Students Prep for Standardized Tests” – Used Cheap.
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2013-03-17. Retrieved 2013-06-21. “The Bay Location’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Used Cheap.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies 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 Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Used Cheap). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.