Magoosh

Online test preparation for standardized exams

Berkeley, California, United States

About Magoosh

Magoosh provides 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, allowing users to choose from different plans that grant access to its comprehensive materials at an affordable price. What sets Magoosh apart from its competitors is its flexibility; users can study at their own pace and access content anytime and anywhere, which is especially beneficial for busy individuals. The goal of Magoosh is to make high-quality test preparation accessible to a wider audience, helping students achieve their academic and professional aspirations.

Berkeley, CaliforniaHeadquarters
2009Year Founded
$750KTotal Funding
SEEDCompany Stage
EducationIndustries
51-200Employees

Risks

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.

Differentiation

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.

Upsides

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.