Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a wise person and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online e-mail assistance.
The business also has complimentary mobile apps for both iPhone and Android – Options Magoosh. 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 first item– GMAT mathematics practice concerns with video descriptions.
Over the next 2 years, as Magoosh’s customer base started to broaden, the GMAT product and the Magoosh group continued to grow. Options Magoosh. Pejman stepped away from the company in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin worked with two full-time staff members and, with them on board, developed a brand-new preparation program for the GRE.
In December 2011, Magoosh gave away 800 free SAT accounts to high school students through partnerships 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 needed to remove himself from everyday 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 students wishing to pursue their entrepreneurial endeavors 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 tests. And in 2016, the business launched a complete MCAT item. To date, Magoosh has about 30 in-office staff members at its offices in downtown Berkeley and more than 1.5 million trainees have used Magoosh’s web and mobile apps to get ready for standardized examinations.  The company has been ranked by Inc.
and by Entrepreneur magazine as one of the best entrepreneurial companies in America.  San Francisco Company Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Entrepreneur 360 No. 111 Finest 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 Business in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Options Magoosh.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Venture Capital Dispatch – WSJ”. Blogs.wsj.com. Obtained 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – Options Magoosh. “Interview With Creator Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
Rightstartups.com. 2013-04-20. Retrieved 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep Free Of Charge|Fox Company Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Retrieved 2013-06-21. “The Bay Location’s 100 fastest-growing personal companies of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Options Magoosh.com. 2016-04-10. Recovered 2015-06-11. “The Bay Area’s 100 fastest-growing private companies of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Options Magoosh). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.