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 educates trainees through audio/video lessons, practice test questions, and online email support.
The company also has complimentary mobile apps for both iPhone and Android – Sat Company. 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 released its very first product– GMAT math practice concerns with video descriptions.
Over the next two years, as Magoosh’s client base started to expand, the GMAT item and the Magoosh group continued to grow. Sat Company. Pejman stepped away from business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin employed 2 full-time employees and, with them on board, established a brand-new preparation program for the GRE.
In December 2011, Magoosh offered away 800 complimentary SAT accounts to high school students through collaborations with Bay Area non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was identified with an unusual case of non-smokers’ lung cancer and had 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 Entrepreneurs, which is used each year to support Haas MBA trainees wishing 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 complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the business released a full MCAT item. To date, Magoosh has about 30 in-office staff members at its offices in downtown Berkeley and more than 1.5 million students have utilized Magoosh’s web and mobile apps to prepare for standardized examinations.  The company has been ranked by Inc.
and by Business owner magazine as one of the finest entrepreneurial companies in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company in the Bay Area (2016) Entrepreneur 360 No. 111 Finest Entrepreneurial Company 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 Service 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 Innovation Venture Lab Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Changes the Way Trainees Prep for Standardized Tests” – Sat Company.
Obtained 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 Reveals a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Sat Company. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Retrieved Jul 23, 2019. “Site Offers SAT Prep Free Of Charge|Fox Service 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. 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 Location’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Sat Company.com. 2016-04-10. Recovered 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Recovered 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” (Sat Company). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.