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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a sensible individual and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that educates trainees through audio/video lessons, practice test questions, and online e-mail support.
The company likewise has complimentary mobile apps for both iPhone and Android – Colors And Sizes. Magoosh was founded in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were trainees at the Haas School of Organisation at UC Berkeley. In June 2009, Magoosh released its very first item– GMAT math practice concerns with video descriptions.
Over the next 2 years, as Magoosh’s client base started to broaden, the GMAT item and the Magoosh group continued to grow. Colors And Sizes. Pejman stepped away from business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin hired 2 full-time employees and, with them on board, established a brand-new preparation program for the GRE.
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In December 2011, Magoosh gave away 800 free SAT accounts to high school trainees through partnerships with Bay Area non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an uncommon case of non-smokers’ lung cancer and had to eliminate himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, together with 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 staying co-founder of Magoosh.
In 2015, it launched full prep programs for the ACT, LSAT and Praxis tests. 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 utilized Magoosh’s web and mobile apps to get ready for standardized exams.  The company has been ranked by Inc.
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and by Entrepreneur magazine as one of the best entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Entrepreneur 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Company 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 Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Laboratory Competition (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Colors And Sizes.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Venture Capital Dispatch – WSJ”. Blogs.wsj.com. Recovered 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Freshly Revised GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Colors And Sizes. “Interview With Founder Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Prep For Free|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 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 passes away at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Colors And Sizes.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Colors And Sizes). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.