Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise person and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that informs students through audio/video lessons, practice test concerns, and online email assistance.
The company likewise has complimentary mobile apps for both iPhone and Android – Magoosh Ssat. 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 first product– GMAT math practice concerns with video explanations.
Over the next two years, as Magoosh’s consumer base started to expand, the GMAT product and the Magoosh team continued to grow. Magoosh Ssat. Pejman stepped far from the business in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin hired 2 full-time employees and, with them on board, developed a brand-new prep program for the GRE.
In December 2011, Magoosh distributed 800 complimentary SAT accounts to high school students through partnerships with Bay Area non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was detected with a rare case of non-smokers’ lung cancer and had to remove himself from everyday operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the business introduced 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 utilized Magoosh’s web and mobile apps to get ready for standardized exams.  The company has been ranked by Inc.
and by Business owner publication as one of the finest entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Entrepreneur 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 Company: Education (2016) San Francisco Business 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 Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competition (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Changes the Way Students Prep for Standardized Tests” – Magoosh Ssat.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Group”. Magoosh. Retrieved Jul 23, 2019. “Site Offers SAT Prep For Free|Fox Company Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Recovered Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Local Awards”. localwisejobs. Magoosh Ssat.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Magoosh Ssat). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.