Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise individual and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online email support.
The business also has totally free mobile apps for both iPhone and Android – Warranty Exchange. 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 Company at UC Berkeley. In June 2009, Magoosh released its first item– GMAT mathematics practice questions with video explanations.
Over the next two years, as Magoosh’s customer base began to expand, the GMAT product and the Magoosh group continued to grow. Warranty Exchange. Pejman stepped away from the business in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin worked with 2 full-time staff members and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh distributed 800 complimentary SAT accounts to high school trainees through collaborations with Bay Location non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was identified with an unusual case of non-smokers’ lung cancer and had to remove 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 Entrepreneurs, which is utilized each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin ended up being the CEO and the only remaining co-founder of Magoosh.
In 2015, it introduced full prep programs for the ACT, LSAT and Praxis tests. And in 2016, the company released a complete MCAT item. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million trainees have used Magoosh’s web and mobile apps to prepare for standardized exams.  The company has been ranked by Inc.
and by Business owner publication as one of the very best entrepreneurial business in America.  San Francisco Service 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 Business in the U.S. (2016) Localwise Finest 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 Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Changes the Method Trainees Prep for Standardized Tests” – Warranty Exchange.
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2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Warranty Exchange). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.