Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart person and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that educates students through audio/video lessons, practice test questions, and online email support.
The business likewise has totally free mobile apps for both iPhone and Android – Specifications For. Magoosh was founded 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 first item– GMAT math practice questions with video descriptions.
Over the next two years, as Magoosh’s consumer base began to expand, the GMAT item and the Magoosh team continued to grow. Specifications For. Pejman stepped far from the company in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin hired two full-time workers and, with them on board, established a new prep program for the GRE.
In December 2011, Magoosh handed out 800 free SAT accounts to high school trainees through collaborations with Bay Area non-profit organizations. 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 day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, along with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company released a complete MCAT item. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million trainees have utilized Magoosh’s web and mobile apps to get ready for standardized tests.  The company has been ranked by Inc.
and by Entrepreneur magazine as one of the finest entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Entrepreneur 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 Employer: Education (2016) San Francisco Service 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 Competitors (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Lab Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Students Preparation for Standardized Tests” – Specifications For.
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2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Specifications For). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.