Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart individual and this word also represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online e-mail support.
The company likewise has free mobile apps for both iPhone and Android – Measurements Cm. 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 concerns with video descriptions.
Over the next two years, as Magoosh’s client base started to expand, the GMAT item and the Magoosh team continued to grow. Measurements Cm. Pejman stepped away from the company in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin employed 2 full-time workers and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh offered away 800 complimentary SAT accounts to high school trainees 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 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 used each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors 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 tests. And in 2016, the business launched a full MCAT item. To date, Magoosh has about 30 in-office workers at its offices in downtown Berkeley and more than 1.5 million trainees have utilized Magoosh’s web and mobile apps to prepare for standardized examinations.  The business has actually been ranked by Inc.
and by Business owner magazine as one of the finest entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Business Owner 360 No. 111 Best 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 Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competition (2009) Innovative, The (2012-04-02). “The Innovative Business: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Measurements Cm.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Site Offers SAT Preparation For Free|Fox Organisation Video”. Video.foxbusiness.com. 2011-11-08. Recovered 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 entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Measurements Cm.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 Company Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Measurements Cm). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.