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 research study abroad counselling business based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online e-mail assistance.
The business likewise has complimentary mobile apps for both iPhone and Android – Feature. 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 Business at UC Berkeley. In June 2009, Magoosh released its very first item– GMAT math practice questions with video descriptions.
Over the next two years, as Magoosh’s consumer base began to expand, the GMAT item and the Magoosh team continued to grow. Feature. Pejman stepped away from the service in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin hired two full-time workers and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh gave away 800 totally free SAT accounts to high school trainees through collaborations with Bay Area non-profit companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was detected with an unusual case of non-smokers’ lung cancer and needed to remove himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s death, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the company introduced a complete MCAT item. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually utilized Magoosh’s web and mobile apps to prepare for standardized tests.  The company has actually been ranked by Inc.
and by Business owner publication as one of the very best entrepreneurial companies in America.  San Francisco Service Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Business Owner 360 No. 111 Best Entrepreneurial Company 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 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 Innovation Endeavor Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Modifications the Method Students Preparation for Standardized Tests” – Feature.
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2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Feature). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.