Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart person and this word also represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that educates trainees through audio/video lessons, practice test questions, and online e-mail support.
The company also has complimentary mobile apps for both iPhone and Android – Pay Magoosh. 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 Organisation at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT mathematics practice concerns with video descriptions.
Over the next two years, as Magoosh’s client base began to broaden, the GMAT item and the Magoosh group continued to grow. Pay Magoosh. Pejman stepped away from the service in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin worked with two full-time staff members and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh distributed 800 free SAT accounts to high school trainees through collaborations with Bay Location non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and had to eliminate himself from daily 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 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 launched complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business launched a complete MCAT item. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually used Magoosh’s web and mobile apps to prepare for standardized exams.  The business has actually been ranked by Inc.
and by Entrepreneur magazine as one of the finest entrepreneurial companies in America.  San Francisco Service Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 360 No. 111 Finest Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business 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 Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Lab Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Changes the Method Trainees Prep for Standardized Tests” – Pay Magoosh.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Endeavor Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Pay Magoosh. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Retrieved 2013-06-21.
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Preparation For Free|Fox Company 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. Retrieved 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. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Local Awards”. localwisejobs. Pay Magoosh.com. 2016-04-10. Recovered 2015-06-11. “The Bay Area’s 100 fastest-growing private business of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Pay Magoosh). 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. Retrieved 2013-06-21.