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Magoosh (pronunciation: mə’guːʃ) (a play on the Old Persian word magush, which refers to a sensible person and this word likewise represents Iranian origin) is an online test preparation and study abroad counselling company based in Berkeley, California that educates students through audio/video lessons, practice test questions, and online e-mail support.
The company also has complimentary mobile apps for both iPhone and Android – Which To Buy. 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 launched its first product– GMAT math practice concerns with video explanations.
Over the next two years, as Magoosh’s consumer base began to expand, the GMAT product and the Magoosh team continued to grow. Which To Buy. Pejman stepped far from business in 2010 to pursue other opportunities but stayed on the board. Hansoo and Bhavin hired 2 full-time staff members and, with them on board, established a brand-new preparation 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 Location non-profit organizations. It was also around this time that Bhavin’s co-founder Hansoo Lee was diagnosed with an uncommon case of non-smokers’ lung cancer and had to remove himself from everyday 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 wishing to pursue their entrepreneurial ventures full-time. After Hansoo’s passing, Bhavin ended up being the CEO and the only staying co-founder of Magoosh.
In 2015, it launched complete prep programs for the ACT, LSAT and Praxis tests. And in 2016, the business released a complete MCAT item. To date, Magoosh has about 30 in-office staff members at its workplaces in downtown Berkeley and more than 1.5 million students have used Magoosh’s web and mobile apps to get ready for standardized exams.  The business has been ranked by Inc.
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and by Business owner magazine as one of the very best entrepreneurial business in America.  San Francisco Service Times No. 21 Fastest-Growing Private Business in the Bay Location (2016) Business Owner 360 No. 111 Finest Entrepreneurial Company in the U.S. (2016) Inc. 500 No. 186 Fastest-Growing Private Company in the U.S. (2016) Localwise Best Employer: Education (2016) San Francisco Organisation Times No.
2 Fastest Growing Company in the East Bay (2015) TINYpulse Happiest Business in Education (2015, 2017) Intel Structure Entrepreneurial Award (2010) North Bridge Venture Partners Competition (2010) UC Berkeley Center for Entrepreneurship and Innovation Endeavor Lab Competition (2009) Innovative, The (2012-04-02). “The Innovative Business: Magoosh Changes the Way Trainees Preparation for Standardized Tests” – Which To Buy.
Recovered 2013-06-21. Garland, Russ (2010-06-16). “The Daily Start-Up: Bubble Survivor Coremetrics To Wed IBM – Equity Capital Dispatch – WSJ”. Blogs.wsj.com. Retrieved 2013-06-21. ^ “Magoosh Reveals a Video Bible for the Recently Modified GRE”. Xconomy. 2011-09-13. Recovered 2013-06-21 – Which To Buy. “Interview With Creator Of Magoosh – Online Test Prep”. Killerstartups.com. 2012-08-21. Recovered 2013-06-21.
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Rightstartups.com. 2013-04-20. Recovered 2013-06-21. “Group”. Magoosh. Obtained Jul 23, 2019. “Website Offers SAT Prep Totally Free|Fox Business Video”. Video.foxbusiness.com. 2011-11-08. Retrieved 2013-06-21. Buchanan, Leigh (Aug 30, 2016). “How I Kept Our Startup Dream Alive After Losing My Co-Founder”. Inc.com. Obtained Jul 23, 2019. “Haas MBA graduate and business owner Hansoo Lee dies at age 35 – The Daily Californian”.
2013-03-17. Recovered 2013-06-21. “The Bay Location’s 100 fastest-growing private business of 2016”. Bizjournals.com. 2016-10-14. Recovered 2016-12-14. “Entrepreneur Magazine”. entrepreneur.com. 2016-04-10. Obtained 2016-12-14. “Inc. Magazine “. inc.com. 2016-04-10. Obtained 2016-12-14. “2016 Work Local Awards”. localwisejobs. Which To Buy.com. 2016-04-10. Recovered 2015-06-11. “The Bay Area’s 100 fastest-growing personal companies of 2015”. Bizjournals.com. 2015-10-20. Retrieved 2015-06-11. “2015 Happiest Business Awards”.
2015-02-01. Recovered 2015-06-11. TINYpulse. “2017 TINYpulse Happiest Business Awards”. www.tinypulse.com. Recovered 2018-01-25. “Gas Development Wins Intel Entrepreneurial Award” (Which To Buy). Newsroom.intel.com. 2010-11-18. Obtained 2013-06-21. ^ “North Bridge Endeavor Partners Reveals Winners of $150K Seed Capital Competitors|North Bridge”. Nbvp.northbridge.com. Recovered 2013-06-21.