Magoosh

Magoosh

Online platform for standardized test preparation

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 specializes in online education focused on test preparation for standardized exams 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 students and professionals improve their scores for admission to various academic programs. Magoosh operates on a subscription model, providing affordable access to high-quality courses that can be accessed anytime and anywhere, making it convenient for busy individuals. What sets Magoosh apart from its competitors is its user-friendly interface and the flexibility it offers, allowing users to study at their own pace. The platform also includes detailed explanations for practice questions, aiding users in understanding their mistakes. Magoosh's goal is to make test preparation accessible and effective for a wide audience.

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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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