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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a smart individual 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 questions, and online email support.
The company also has totally free mobile apps for both iPhone and Android – Best To Buy. 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 item– GMAT mathematics practice questions with video explanations.
Over the next 2 years, as Magoosh’s customer base began to broaden, the GMAT product and the Magoosh team continued to grow. Best To Buy. Pejman stepped away from business in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin employed two full-time employees and, with them on board, developed a new prep program for the GRE.
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In December 2011, Magoosh distributed 800 totally free SAT accounts to high school students through collaborations with Bay Location 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 needed to remove himself from day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA trainees 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 launched complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the company released a complete MCAT item. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million students have utilized Magoosh’s web and mobile apps to get ready for standardized exams.  The business has been ranked by Inc.
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and by Business owner magazine as one of the very best entrepreneurial companies in America.  San Francisco Company 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 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 Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Laboratory Competition (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Changes the Way Students Prep for Standardized Tests” – Best To Buy.
Retrieved 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Venture Capital Dispatch – WSJ”. Blogs.wsj.com. Obtained 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Recently Revised GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – Best To Buy. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
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Rightstartups.com. 2013-04-20. Retrieved 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep Totally Free|Fox Organisation 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. Retrieved Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee passes away 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. Recovered 2016-12-14. “Business owner Publication”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Recovered 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Best To Buy.com. 2016-04-10. Retrieved 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. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Best To Buy). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.