Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible individual and this word likewise represents Iranian origin) is an online test preparation and research study abroad counselling company based in Berkeley, California that educates trainees through audio/video lessons, practice test concerns, and online e-mail assistance.
The business likewise has complimentary mobile apps for both iPhone and Android – Free. 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 Business at UC Berkeley. In June 2009, Magoosh launched its first item– GMAT mathematics practice concerns with video descriptions.
Over the next two years, as Magoosh’s consumer base began to expand, the GMAT item and the Magoosh team continued to grow. Free. Pejman stepped far from the organisation in 2010 to pursue other opportunities however stayed on the board. Hansoo and Bhavin employed two full-time employees and, with them on board, developed a new prep program for the GRE.
In December 2011, Magoosh handed out 800 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 identified with an uncommon case of non-smokers’ lung cancer and needed to remove himself from daily 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 students wanting to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis exams. And in 2016, the company released a complete 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 actually utilized Magoosh’s web and mobile apps to prepare for standardized examinations.  The company has actually been ranked by Inc.
and by Business owner magazine as one of the very best entrepreneurial business in America.  San Francisco Service Times No. 21 Fastest-Growing Private Company 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 Best Employer: Education (2016) San Francisco Business 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 Lab Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Way Trainees Preparation for Standardized Tests” – Free.
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2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (Free). 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.