Magoosh

Magoosh

Online test preparation for standardized exams

About Magoosh

Simplify's Rating
Why Magoosh is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Education

Company Size

51-200

Company Stage

Seed

Total Funding

$750K

Headquarters

Berkeley, California

Founded

2009

Overview

Magoosh provides online education focused on preparing students for standardized tests like the GRE, GMAT, SAT, ACT, and TOEFL. The platform offers a variety of resources, including video lessons, practice questions, and full-length practice tests, all designed to help users improve their scores for admission to various academic programs. Magoosh operates on a subscription model, allowing users to choose from different plans that grant access to its materials at an affordable price. What sets Magoosh apart from competitors is its flexibility; students can study at their own pace and access content anytime, which is ideal for those balancing studies with other commitments. The platform also includes detailed explanations for practice questions, aiding users in understanding their errors and enhancing their skills. Magoosh's goal is to make high-quality test preparation accessible to a wide audience, helping students achieve their academic aspirations.

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Simplify's Take

What believers are saying

  • Growing demand for personalized learning boosts Magoosh's market potential in online education.
  • Mobile learning app usage is rising, aligning with Magoosh's flexible study options.
  • Global online test prep market projected to grow at 7.5% CAGR from 2023 to 2028.

What critics are saying

  • Emerging AI-driven competitors may attract Magoosh's customers with personalized learning solutions.
  • Free online resources could diminish the value of Magoosh's paid subscription model.
  • Test-optional admissions policies may reduce demand for standardized test prep services.

What makes Magoosh unique

  • Magoosh offers flexible, affordable test prep accessible anytime, anywhere via computer or phone.
  • The platform provides detailed explanations for practice questions, enhancing learning outcomes.
  • Magoosh's subscription model offers cost-effective access to high-quality test prep resources.

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Funding

Total Funding

$750k

Above

Industry Average

Funded Over

0 Rounds

Company News

My Biology Experience
Jul 29th, 2022
Mybiologyexperience partners with Magoosh Inc

Mybiologyexperience is extremely excited to be partnering with Magoosh and look forward to a long and helpful relationship with its community.

Admitify
Dec 15th, 2021
Admitify partnered with Magoosh Inc on Dec 1st 21'.

Admitify is excited to feature its partnership with Magoosh, a leading online test prep company that offers a comprehensive digital platform for affordable study programs and apps.

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