Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a smart individual and this word also represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that informs trainees through audio/video lessons, practice test concerns, and online email support.
The business likewise has free mobile apps for both iPhone and Android – Compare. 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 Organisation at UC Berkeley. In June 2009, Magoosh launched its first item– GMAT mathematics practice concerns with video descriptions.
Over the next two years, as Magoosh’s consumer base started to broaden, the GMAT item and the Magoosh group continued to grow. Compare. Pejman stepped far from the company in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin employed 2 full-time staff members and, with them on board, developed a new preparation program for the GRE.
In December 2011, Magoosh handed out 800 complimentary SAT accounts to high school trainees through collaborations with Bay Area non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and needed to eliminate himself from daily operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA students wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s death, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it introduced complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company released a full MCAT product. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually utilized Magoosh’s web and mobile apps to prepare for standardized exams.  The company has been ranked by Inc.
and by Business owner publication as one of the finest entrepreneurial companies in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Entrepreneur 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 Employer: Education (2016) San Francisco Company 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 Endeavor Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Students Preparation for Standardized Tests” – Compare.
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2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Compare). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.