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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise individual and this word also represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that informs students through audio/video lessons, practice test concerns, and online e-mail support.
The company likewise has complimentary mobile apps for both iPhone and Android – For Sale Cheap. 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 Company at UC Berkeley. In June 2009, Magoosh launched its very first item– GMAT mathematics practice questions with video descriptions.
Over the next 2 years, as Magoosh’s client base started to expand, the GMAT product and the Magoosh team continued to grow. For Sale Cheap. Pejman stepped away from business in 2010 to pursue other chances but stayed on the board. Hansoo and Bhavin employed two full-time workers and, with them on board, developed a brand-new prep program for the GRE.
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In December 2011, Magoosh handed out 800 complimentary SAT accounts to high school students through collaborations with Bay Area non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was detected with an uncommon case of non-smokers’ lung cancer and needed to remove himself from day-to-day operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s death, 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 tests. And in 2016, the company introduced a complete MCAT product. To date, Magoosh has about 30 in-office workers at its offices in downtown Berkeley and more than 1.5 million trainees have actually used 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 Entrepreneur publication as one of the very best entrepreneurial companies in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Business Owner 360 No. 111 Finest 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 Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Changes the Method Trainees Preparation for Standardized Tests” – For Sale Cheap.
Retrieved 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. Obtained 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Newly Revised GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – For Sale Cheap. “Interview With Creator Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Group”. Magoosh. Retrieved Jul 23, 2019. “Website Offers SAT Preparation For Free|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Obtained 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Obtained Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Area’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Entrepreneur Magazine”. 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. For Sale Cheap.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Location’s 100 fastest-growing personal business of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
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” (For Sale Cheap). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.