# Magoosh

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/magoosh

- Industry: Education/Training
- Headquarters: Berkeley, US
- Website: www.magoosh.com
- Latest round: Seed (Feb 14, 2011)
- Investors on record: 1

## About

Magoosh provides comprehensive online test preparation services for students preparing for various standardized assessments, featuring a self-study platform with practice questions and video lessons from expert instructors.Founded in 2009 in Berkeley, US, Magoosh specializes in online test preparation services. The company was established by Bhavin Parikh, Hansoo Lee, and Pejman Pour-Moezzi. Magoosh has completed three funding rounds, with the most recent deal occurring on December 13, 2013, when they raised undisclosed venture funding from Kapor Capital. Bhavin Parikh and Hansoo Lee currently serve as co-CEOs.Magoosh specializes in providing an extensive suite of online test preparation services designed to empower students across various educational assessments. Their core offerings include preparation for standardized tests such as the GRE, GMAT, TOEFL, SAT, ACT, LSAT, MCAT, and IELTS. These products are anchored in a self-study platform that allows users to learn at their own pace through thousands of timed practice questions and video lessons delivered by expert instructors. Magoosh aims to address the need for effective and affordable test prep tools, particularly for students who seek flexibility and accessibility in their study habits. The company serves a diverse customer base that spans 185 countries, reflecting a global reach that underscores their commitment to leveling the playing field in test preparation.Magoosh's revenue model is primarily subscription-based, offering various pricing plans tailored to different test preparation needs. Customers can access a range of products, including flagship services for tests like GRE and GMAT, which are structured around monthly or annual subscriptions. These subscriptions allow students to utilize Magoosh's self-study resources, including practice questions, video lessons, and additional study materials, for the duration of their plan. The company also engages in partnerships with educational institutions, further broadening their market reach and enhancing their revenue streams. This transactional structure facilitates direct engagement with consumers seeking comprehensive and flexible test preparation solutions that cater to their individual learning preferences.In December 2013, Magoosh raised undisclosed venture funding from returning investor Kapor Capital, which will be used to support the development of new products and expansion into new markets. The company is designing additional resources for existing tests and exploring opportunities to enter the Asian and European markets by 2025.

## Funding rounds

- Seed, Feb 14, 2011 — Bee Partners

## Investors

- Bee Partners (https://capitalatlas.ai/funds/bee-partners) — Seed