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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible individual and this word also 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 e-mail support.
The company also has complimentary mobile apps for both iPhone and Android – Colors Of The. 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 Business at UC Berkeley. In June 2009, Magoosh released its first product– GMAT mathematics practice concerns with video explanations.
Over the next two years, as Magoosh’s client base began to expand, the GMAT product and the Magoosh team continued to grow. Colors Of The. Pejman stepped away from the company in 2010 to pursue other chances however remained on the board. Hansoo and Bhavin worked with 2 full-time workers and, with them on board, established a new preparation program for the GRE.
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In December 2011, Magoosh provided away 800 free SAT accounts to high school students 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 had to eliminate himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, founded The Hansoo Lee Fellowship for Business Owners, which is utilized each year to support Haas MBA trainees wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s death, Bhavin became 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 business released a complete MCAT item. To date, Magoosh has about 30 in-office workers at its workplaces in downtown Berkeley and more than 1.5 million trainees have actually used Magoosh’s web and mobile apps to prepare for standardized exams.  The business has actually been ranked by Inc.
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and by Business owner publication as one of the very best entrepreneurial business in America.  San Francisco Service Times No. 21 Fastest-Growing Private Business in the Bay Area (2016) Entrepreneur 360 No. 111 Finest Entrepreneurial Business 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 Company 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 Technology Venture Laboratory Competition (2009) Ingenious, The (2012-04-02). “The Innovative Company: Magoosh Changes the Method Trainees Preparation for Standardized Tests” – Colors Of The.
Retrieved 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 Recently Modified GRE”. Xconomy. 2011-09-13. Obtained 2013-06-21 – Colors Of The. “Interview With Creator Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Team”. Magoosh. Obtained Jul 23, 2019. “Site Offers SAT Preparation Free Of Charge|Fox Business 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 business owner Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Obtained 2013-06-21. “The Bay Location’s 100 fastest-growing personal business of 2016”. Bizjournals.com. 2016-10-14. Obtained 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Recovered 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Regional Awards”. localwisejobs. Colors Of The.com. 2016-04-10. Retrieved 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Obtained 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Colors Of The). Newsroom.intel.com. 2010-11-18. Retrieved 2013-06-21. ^ “North Bridge Venture Partners Reveals Winners of $150K Seed Capital Competition|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.