Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart individual and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that educates students through audio/video lessons, practice test questions, and online email support.
The company also has totally free mobile apps for both iPhone and Android – Inches Magoosh. 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 Organisation at UC Berkeley. In June 2009, Magoosh released its very first item– GMAT mathematics practice questions with video descriptions.
Over the next 2 years, as Magoosh’s consumer base began to expand, the GMAT product and the Magoosh group continued to grow. Inches Magoosh. Pejman stepped far from the company in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin employed two full-time staff members and, with them on board, established a brand-new prep program for the GRE.
In December 2011, Magoosh distributed 800 free SAT accounts to high school students through collaborations with Bay Area non-profit organizations. 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 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 Business Owners, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only remaining co-founder of Magoosh.
In 2015, it launched full prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business introduced a complete MCAT product. To date, Magoosh has about 30 in-office staff members at its offices 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 been ranked by Inc.
and by Business owner magazine as one of the best entrepreneurial business in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Business Owner 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Finest Employer: 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 Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Lab Competition (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Modifications the Method Students Preparation for Standardized Tests” – Inches Magoosh.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Site Offers SAT Preparation For Free|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and business owner 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. Recovered 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Inches Magoosh.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Company 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” (Inches Magoosh). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.