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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a wise person and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling business based in Berkeley, California that educates trainees through audio/video lessons, practice test concerns, and online email support.
The company likewise has free mobile apps for both iPhone and Android – How To Buy Cheap. Magoosh was established 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 very first product– GMAT mathematics practice concerns with video explanations.
Over the next two years, as Magoosh’s consumer base began to broaden, the GMAT product and the Magoosh group continued to grow. How To Buy Cheap. Pejman stepped away from business in 2010 to pursue other chances but stayed on the board. Hansoo and Bhavin employed 2 full-time workers and, with them on board, developed a new prep program for the GRE.
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In December 2011, Magoosh distributed 800 free SAT accounts to high school students through collaborations with Bay Area non-profit companies. It was also around this time that Bhavin’s co-founder Hansoo Lee was identified with an unusual case of non-smokers’ lung cancer and needed to eliminate himself from daily operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, in addition to Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is used each year to support Haas MBA students wishing to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin became the CEO and the only remaining co-founder of Magoosh.
In 2015, it introduced complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the company released a full MCAT product. To date, Magoosh has about 30 in-office workers 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 business has been ranked by Inc.
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and by Entrepreneur publication as one of the very best entrepreneurial companies in America.  San Francisco Service Times No. 21 Fastest-Growing Private Company in the Bay Location (2016) Entrepreneur 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 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 Innovation Endeavor Laboratory Competitors (2009) Innovative, The (2012-04-02). “The Ingenious Company: Magoosh Changes the Way Students Preparation for Standardized Tests” – How To Buy Cheap.
Recovered 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 Revised GRE”. Xconomy. 2011-09-13. Retrieved 2013-06-21 – How To Buy Cheap. “Interview With Founder Of Magoosh – Online Test Preparation”. Killerstartups.com. 2012-08-21. Obtained 2013-06-21.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Obtained Jul 23, 2019. “Site Offers SAT Preparation Free Of Charge|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Recovered 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Retrieved Jul 23, 2019. “Haas MBA graduate and entrepreneur Hansoo Lee passes away at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Area’s 100 fastest-growing private companies of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Business owner Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Retrieved 2016-12-14. “2016 Work Local Awards”. localwisejobs. How To Buy Cheap.com. 2016-04-10. Obtained 2015-06-11. “The Bay Location’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Company Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Company Awards”. www.tinypulse.com. Retrieved 2018-01-25. “Natural Gas Innovation Wins Intel Entrepreneurial Award” (How To Buy Cheap). 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. Obtained 2013-06-21.