Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible person 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 email assistance.
The business likewise has totally free mobile apps for both iPhone and Android – Magoosh Features. Magoosh was established in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were students at the Haas School of Business at UC Berkeley. In June 2009, Magoosh launched its very first product– GMAT mathematics practice questions with video explanations.
Over the next two years, as Magoosh’s client base began to broaden, the GMAT item and the Magoosh group continued to grow. Magoosh Features. Pejman stepped far from the business in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin hired two full-time staff members and, with them on board, established a brand-new prep program for the GRE.
In December 2011, Magoosh handed out 800 complimentary SAT accounts to high school students through collaborations with Bay Area non-profit companies. It was likewise 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 day-to-day operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA trainees wishing 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 introduced complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business launched a full MCAT product. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million trainees have utilized Magoosh’s web and mobile apps to prepare 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 Company Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 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 Company: Education (2016) San Francisco Business 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 Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Innovative Business: Magoosh Changes the Method Trainees Preparation for Standardized Tests” – Magoosh Features.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Equity Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Freshly Revised GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Magoosh Features. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep For Free|Fox Service Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Obtained Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Location’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Magoosh Features.com. 2016-04-10. Recovered 2015-06-11. “The Bay Area’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Magoosh Features). 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. Recovered 2013-06-21.