Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart individual and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that informs trainees through audio/video lessons, practice test questions, and online email assistance.
The company also has free mobile apps for both iPhone and Android – Warranty Purchase. Magoosh was established in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were trainees at the Haas School of Business at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT mathematics practice concerns with video descriptions.
Over the next 2 years, as Magoosh’s consumer base started to broaden, the GMAT product and the Magoosh team continued to grow. Warranty Purchase. Pejman stepped far from business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin employed 2 full-time workers and, with them on board, established a new preparation program for the GRE.
In December 2011, Magoosh distributed 800 totally free SAT accounts to high school students through collaborations with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and had to eliminate himself from everyday operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA trainees 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 released complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the company released a full MCAT product. To date, Magoosh has about 30 in-office staff members at its offices in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to get ready for standardized examinations.  The company has been ranked by Inc.
and by Business owner magazine as one of the finest entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Company in the Bay Area (2016) Business Owner 360 No. 111 Finest Entrepreneurial Company 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 Foundation Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Lab Competition (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Way Students Prep for Standardized Tests” – Warranty Purchase.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Site Offers SAT Prep Free Of Charge|Fox Business 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. Recovered Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Area’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Warranty Purchase.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Area’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Warranty Purchase). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.