Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a smart person 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 e-mail assistance.
The company also has totally free mobile apps for both iPhone and Android – Leptitox Quality. 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 released its first item– GMAT math practice concerns with video explanations.
Over the next two years, as Magoosh’s client base began to expand, the GMAT item and the Magoosh group continued to grow. Leptitox Quality. Pejman stepped away from business in 2010 to pursue other opportunities however remained on the board. Hansoo and Bhavin worked with 2 full-time staff members 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 trainees through partnerships with Bay Area non-profit organizations. It was likewise around this time that Bhavin’s co-founder Hansoo Lee was identified with an unusual case of non-smokers’ lung cancer and needed to remove himself from day-to-day operations.
Bhavin Parikh and former co-founder Pejman Pour-Moezzi, together with Lee’s fiancée Wendy Lim, established The Hansoo Lee Fellowship for Entrepreneurs, which is utilized each year to support Haas MBA trainees wishing to pursue their entrepreneurial endeavors full-time. After Hansoo’s passing, Bhavin became the CEO and the only staying co-founder of Magoosh.
In 2015, it released complete prep programs for the ACT, LSAT and Praxis examinations. And in 2016, the company launched a complete MCAT item. To date, Magoosh has about 30 in-office employees at its workplaces in downtown Berkeley and more than 1.5 million students have actually utilized Magoosh’s web and mobile apps to prepare for standardized tests.  The business has actually been ranked by Inc.
and by Business owner magazine 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 Company Times No.
2 Fastest Growing Business in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Foundation Entrepreneurial Award (2010) North Bridge Endeavor Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Venture Lab Competitors (2009) Ingenious, The (2012-04-02). “The Ingenious Business: Magoosh Modifications the Method Trainees Preparation for Standardized Tests” – Leptitox Quality.
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2015-02-01. Obtained 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Obtained 2018-01-25. “Natural Gas Development Wins Intel Entrepreneurial Award” (Leptitox Quality). Newsroom.intel.com. 2010-11-18. Recovered 2013-06-21. ^ “North Bridge Endeavor Partners Announces Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Obtained 2013-06-21.