Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart person and this word likewise 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 company also has totally free mobile apps for both iPhone and Android – Cheap Buy. 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 launched its very first product– GMAT math practice questions with video descriptions.
Over the next two years, as Magoosh’s customer base started to broaden, the GMAT item and the Magoosh group continued to grow. Cheap Buy. Pejman stepped away from the company in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin worked with two full-time staff members and, with them on board, established a new prep 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 likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an uncommon case of non-smokers’ lung cancer and needed to eliminate himself from everyday operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it launched full prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company released a full MCAT item. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to prepare for standardized examinations.  The business has actually been ranked by Inc.
and by Entrepreneur publication as one of the very best entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Business in the Bay Area (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 Company: Education (2016) San Francisco Service Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Lab Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Changes the Method Students Preparation for Standardized Tests” – Cheap Buy.
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2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Business owner Magazine”. 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. Cheap Buy.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing personal business of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Cheap Buy). 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. Retrieved 2013-06-21.