Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise person and this word also represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that educates trainees through audio/video lessons, practice test questions, and online e-mail assistance.
The company likewise has complimentary mobile apps for both iPhone and Android – Box Contents. 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 Organisation at UC Berkeley. In June 2009, Magoosh launched its very first item– GMAT mathematics practice questions with video explanations.
Over the next two years, as Magoosh’s client base began to expand, the GMAT product and the Magoosh group continued to grow. Box Contents. Pejman stepped far from the business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin hired two full-time employees and, with them on board, established a new preparation program for the GRE.
In December 2011, Magoosh distributed 800 totally free SAT accounts to high school trainees through partnerships with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was identified 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, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it introduced full prep programs for the ACT, LSAT and Praxis tests. And in 2016, the company launched a full MCAT item. To date, Magoosh has about 30 in-office employees at its offices in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to prepare for standardized tests.  The business has been ranked by Inc.
and by Entrepreneur magazine as one of the very best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 360 No. 111 Best Entrepreneurial Company in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Company in the U.S. (2016) Localwise Best Employer: Education (2016) San Francisco Service 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 Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Changes the Method Students Prep for Standardized Tests” – Box Contents.
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2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Box Contents). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.