Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise person and this word also represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online e-mail support.
The company likewise has complimentary mobile apps for both iPhone and Android – Equanimity Magoosh. 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 first item– GMAT mathematics practice concerns with video descriptions.
Over the next 2 years, as Magoosh’s customer base began to broaden, the GMAT item and the Magoosh group continued to grow. Equanimity Magoosh. Pejman stepped far from the service in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin employed two full-time employees and, with them on board, developed a brand-new preparation program for the GRE.
In December 2011, Magoosh distributed 800 complimentary SAT accounts to high school trainees through collaborations with Bay Location non-profit companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was identified with a rare 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, 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 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 complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business introduced a complete MCAT product. To date, Magoosh has about 30 in-office employees at its offices in downtown Berkeley and more than 1.5 million students have utilized Magoosh’s web and mobile apps to get ready for standardized examinations.  The business has been ranked by Inc.
and by Entrepreneur magazine as one of the best entrepreneurial companies in America.  San Francisco Business 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 Company in the U.S. (2016) Localwise Finest Employer: Education (2016) San Francisco Service Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competitors (2009) Innovative, The (2012-04-02). “The Innovative Company: Magoosh Changes the Method Students Preparation for Standardized Tests” – Equanimity Magoosh.
Obtained 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Endeavor Capital Dispatch – WSJ”. Blogs.wsj.com. Recovered 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Freshly Modified GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Equanimity Magoosh. “Interview With Creator Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Prep Totally 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 entrepreneur Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Retrieved 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. Equanimity Magoosh.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Area’s 100 fastest-growing private companies of 2015”. Bizjournals.com. 2015-10-20. Retrieved 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” (Equanimity Magoosh). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.