Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a sensible 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 questions, and online email support.
The business likewise has totally free mobile apps for both iPhone and Android – Magoosh WordPress. 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 Organisation 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 began to broaden, the GMAT item and the Magoosh team continued to grow. Magoosh WordPress. Pejman stepped away from business in 2010 to pursue other chances but remained on the board. Hansoo and Bhavin hired two full-time employees and, with them on board, established a new preparation program for the GRE.
In December 2011, Magoosh distributed 800 free SAT accounts to high school trainees through partnerships with Bay Area non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an uncommon case of non-smokers’ lung cancer and needed to remove himself from day-to-day operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Business Owners, which is used each year to support Haas MBA trainees wanting to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it introduced complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business launched a full MCAT product. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually used Magoosh’s web and mobile apps to get ready for standardized exams.  The company has actually been ranked by Inc.
and by Entrepreneur publication as one of the very best entrepreneurial business in America.  San Francisco Business Times No. 21 Fastest-Growing Private Business in the Bay Area (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 Finest Company: Education (2016) San Francisco Company Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Technology Venture Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Magoosh WordPress.
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Rightstartups.com. 2013-04-20. Obtained 2013-06-21. “Group”. Magoosh. Recovered Jul 23, 2019. “Website Offers SAT Prep For Free|Fox Service 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. Recovered Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Retrieved 2016-12-14. “Entrepreneur Publication”. entrepreneur.com. 2016-04-10. Retrieved 2016-12-14. “Inc. Publication “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Magoosh WordPress.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Area’s 100 fastest-growing private companies of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Magoosh WordPress). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.