Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible individual 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 concerns, and online email support.
The business likewise has complimentary mobile apps for both iPhone and Android – Warranty Description. 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 product– GMAT math practice concerns with video descriptions.
Over the next 2 years, as Magoosh’s client base started to broaden, the GMAT product and the Magoosh team continued to grow. Warranty Description. Pejman stepped far from the company in 2010 to pursue other chances but 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 collaborations with Bay Area non-profit companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an unusual case of non-smokers’ lung cancer and needed to remove himself from everyday operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with 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 death, Bhavin ended up being the CEO and the only remaining co-founder of Magoosh.
In 2015, it launched full 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 workers at its workplaces in downtown Berkeley and more than 1.5 million trainees have used Magoosh’s web and mobile apps to get ready for standardized exams.  The business has actually been ranked by Inc.
and by Business owner magazine as one of the very best entrepreneurial companies in America.  San Francisco Service Times No. 21 Fastest-Growing Private Company in the Bay Area (2016) Business Owner 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 Best 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 Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Lab Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Changes the Way Students Preparation for Standardized Tests” – Warranty Description.
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2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Warranty Description). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.