Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes 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 informs students through audio/video lessons, practice test concerns, and online e-mail assistance.
The business likewise has totally free mobile apps for both iPhone and Android – Finding. 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 launched its very first product– GMAT mathematics practice questions with video descriptions.
Over the next two years, as Magoosh’s consumer base started to broaden, the GMAT item and the Magoosh group continued to grow. Finding. Pejman stepped far from business in 2010 to pursue other chances however stayed on the board. Hansoo and Bhavin hired 2 full-time employees and, with them on board, developed a brand-new prep program for the GRE.
In December 2011, Magoosh gave away 800 free SAT accounts to high school trainees through partnerships with Bay Area non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was detected with a rare case of non-smokers’ lung cancer and had to eliminate himself from day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA trainees wishing 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 released full prep programs for the ACT, LSAT and Praxis exams. And in 2016, the business released a full MCAT item. To date, Magoosh has about 30 in-office employees at its offices in downtown Berkeley and more than 1.5 million trainees have utilized Magoosh’s web and mobile apps to get ready for standardized examinations.  The company has actually been ranked by Inc.
and by Entrepreneur magazine as one of the very best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Entrepreneur 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 Organisation 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 Technology Venture Lab Competition (2009) Ingenious, The (2012-04-02). “The Ingenious Company: Magoosh Modifications the Method Trainees Prep for Standardized Tests” – Finding.
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2013-03-17. Recovered 2013-06-21. “The Bay Area’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Business owner Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Finding.com. 2016-04-10. Obtained 2015-06-11. “The Bay Area’s 100 fastest-growing personal business of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Finding). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.