Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart individual and this word also represents Iranian origin) is an online test preparation and research study abroad counselling business based in Berkeley, California that educates students through audio/video lessons, practice test concerns, and online e-mail support.
The business likewise has free mobile apps for both iPhone and Android – Rating. 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 Service at UC Berkeley. In June 2009, Magoosh launched its first item– GMAT math practice questions with video explanations.
Over the next two years, as Magoosh’s client base began to broaden, the GMAT item and the Magoosh group continued to grow. Rating. Pejman stepped far from the organisation in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin hired two full-time employees and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh gave away 800 totally free SAT accounts to high school students through partnerships with Bay Area non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an unusual case of non-smokers’ lung cancer and had to remove himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, along with 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 endeavors full-time. After Hansoo’s death, Bhavin ended up being 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 business released a full MCAT item. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to get ready for standardized exams.  The business has actually been ranked by Inc.
and by Entrepreneur publication as one of the very best entrepreneurial companies in America.  San Francisco Service Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 360 No. 111 Best Entrepreneurial Business in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Finest Company: Education (2016) San Francisco Business Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Lab Competition (2009) Ingenious, The (2012-04-02). “The Ingenious Company: Magoosh Changes the Method Trainees Preparation for Standardized Tests” – Rating.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Preparation For Free|Fox Service 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. Obtained 2013-06-21. “The Bay Location’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Rating.com. 2016-04-10. Obtained 2015-06-11. “The Bay Area’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Recovered 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Rating). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.