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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 study abroad counselling business based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online email support.
The business also has complimentary mobile apps for both iPhone and Android – Reviews Best Buy. 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 Business at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT math practice concerns with video explanations.
Over the next 2 years, as Magoosh’s customer base began to expand, the GMAT item and the Magoosh team continued to grow. Reviews Best Buy. Pejman stepped away from business in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin worked with 2 full-time staff members and, with them on board, established a brand-new preparation program for the GRE.
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In December 2011, Magoosh provided away 800 totally free SAT accounts to high school trainees through partnerships with Bay Location 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 remove himself from day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA students 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 introduced complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the business launched a complete MCAT product. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million students have utilized Magoosh’s web and mobile apps to prepare for standardized examinations.  The company has actually been ranked by Inc.
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and by Business owner magazine as one of the best entrepreneurial companies in America.  San Francisco Company 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 Company: Education (2016) San Francisco Service Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Lab Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Way Students Preparation for Standardized Tests” – Reviews Best Buy.
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 Reveals a Video Bible for the Recently Revised GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Reviews Best Buy. “Interview With Creator Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep Free Of Charge|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. Obtained 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 personal business of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Reviews Best Buy.com. 2016-04-10. Recovered 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. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Reviews Best Buy). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.