Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which describes a wise individual and this word also represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that educates trainees through audio/video lessons, practice test concerns, and online e-mail support.
The business likewise has complimentary mobile apps for both iPhone and Android – Peripatetic Magoosh. 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 product– GMAT mathematics practice concerns with video explanations.
Over the next 2 years, as Magoosh’s customer base started to expand, the GMAT item and the Magoosh team continued to grow. Peripatetic Magoosh. Pejman stepped far from business in 2010 to pursue other opportunities but remained on the board. Hansoo and Bhavin worked with two full-time staff members and, with them on board, established a brand-new preparation program for the GRE.
In December 2011, Magoosh offered away 800 totally free SAT accounts to high school trainees through partnerships with Bay Location non-profit companies. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with a rare case of non-smokers’ lung cancer and had to eliminate himself from daily operations.
Bhavin Parikh and previous co-founder Pejman Pour-Moezzi, in addition to 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 endeavors full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only remaining co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the company released a full MCAT product. To date, Magoosh has about 30 in-office employees at its offices in downtown Berkeley and more than 1.5 million trainees have utilized Magoosh’s web and mobile apps to get ready for standardized exams.  The business has been ranked by Inc.
and by Entrepreneur publication as one of the very best entrepreneurial business in America.  San Francisco Company Times No. 21 Fastest-Growing Private Business 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 Finest Company: Education (2016) San Francisco Service 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 Competitors (2010) UC Berkeley Center for Entrepreneurship and Technology Endeavor Lab Competitors (2009) Ingenious, The (2012-04-02). “The Innovative Business: Magoosh Modifications the Method Students Prep for Standardized Tests” – Peripatetic Magoosh.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Preparation For Free|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Start-up Dream Alive After Losing My Co-Founder”. Inc.com. Obtained Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Retrieved 2013-06-21. “The Bay Area’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Recovered 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 Local Awards”. localwisejobs. Peripatetic Magoosh.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Area’s 100 fastest-growing personal business of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Retrieved 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Peripatetic Magoosh). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Venture Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Retrieved 2013-06-21.