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 business based in Berkeley, California that educates trainees through audio/video lessons, practice test concerns, and online email assistance.
The company also has totally free mobile apps for both iPhone and Android – Foiling Magoosh. Magoosh was founded in 2009 by Hansoo Lee, Bhavin Parikh, Pejman Pour-Moezzi and Vikram Shenoy while they were students at the Haas School of Service at UC Berkeley. In June 2009, Magoosh released its first product– GMAT mathematics practice concerns with video descriptions.
Over the next two years, as Magoosh’s consumer base started to broaden, the GMAT product and the Magoosh team continued to grow. Foiling Magoosh. Pejman stepped far from business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin employed two full-time employees and, with them on board, developed a brand-new prep program for the GRE.
In December 2011, Magoosh gave away 800 totally 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 diagnosed with an unusual case of non-smokers’ lung cancer and needed to eliminate himself from everyday operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the company introduced a full MCAT product. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million students have actually used Magoosh’s web and mobile apps to prepare for standardized exams.  The company has actually been ranked by Inc.
and by Entrepreneur magazine as one of the very best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Company 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 Best Employer: Education (2016) San Francisco Organisation Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Company in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Laboratory Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Changes the Way Trainees Prep for Standardized Tests” – Foiling Magoosh.
Obtained 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Endeavor Capital Dispatch – WSJ”. Blogs.wsj.com. Obtained 2013-06-21. ^ “Magoosh Unveils a Video Bible for the Newly Modified GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Foiling Magoosh. “Interview With Creator Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Team”. Magoosh. Retrieved Jul 23, 2019. “Website Offers SAT Prep For Free|Fox Company Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Obtained 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 Area’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Business owner Magazine”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Foiling Magoosh.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. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Foiling Magoosh). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.