Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible 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 – Warranty Page. 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 Company at UC Berkeley. In June 2009, Magoosh released its very first product– GMAT mathematics practice concerns with video explanations.
Over the next 2 years, as Magoosh’s customer base started to broaden, the GMAT product and the Magoosh group continued to grow. Warranty Page. Pejman stepped away from business in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin worked with 2 full-time workers and, with them on board, established a brand-new preparation program for the GRE.
In December 2011, Magoosh handed out 800 complimentary SAT accounts to high school trainees through collaborations with Bay Area non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and had to remove himself from day-to-day operations.
Bhavin Parikh and previous 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 wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it released full prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the company introduced a full MCAT product. 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 get ready for standardized examinations.  The business has been ranked by Inc.
and by Entrepreneur publication as one of the finest entrepreneurial companies in America.  San Francisco Organisation Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Business Owner 360 No. 111 Best Entrepreneurial Company in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Business in the U.S. (2016) Localwise Best Company: Education (2016) San Francisco Business Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competition (2009) Innovative, The (2012-04-02). “The Innovative Business: Magoosh Changes the Method Trainees Prep for Standardized Tests” – Warranty Page.
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2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Gas Innovation Wins Intel Entrepreneurial Award” (Warranty Page). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.