Lorne Abony
| Lorne Abony | |
|---|---|
 |
|
| Born |
August 26, 1969 Toronto, Ontario, Canada |
| Nationality | Canadian |
| Education |
McGill University, (BA, 1991), University of Windsor Faculty of Law (JD/LLB, 1994), Columbia Business School, (MBA) |
| Occupation | CEO, FastForward Innovations, Ltd.; Owner, Orange Country Breakers |
McGill University, (BA, 1991), University of Windsor Faculty of Law (JD/LLB, 1994),
Lorne Abony (born August 26, 1969) is a Canadian technology and media entrepreneur and the CEO of FastForward Innovations, Ltd, an investment company listed on the London Stock Exchange focusing on early-stage technology investments. He is also the founder of EdTech companies Vemo Education and Schoold and serves on both companies’ boards as Non Executive Chairman. Abony currently owns the Orange County Breakers, a professional sports franchise which competes in World TeamTennis.
Abony is the former CEO of Mood Media Corporation, a public company listed on the and the . He co-founded FUN Technologies in 2001 and in 2004 as CEO of FUN became the youngest CEO of a listed company on the (TSX). Additionally, Abony, whose net worth is estimated at $300 million, is an accomplished tennis player and is a former member of the Competition Committee of the Association of Tennis Professionals (ATP).
Abony was born and raised in Toronto. After graduating from the University of Windsor law school in 1994, Abony practiced corporate and securities law at the Toronto firm Aird & Berlis. Abony left the law profession in 1996 to embark on an entrepreneurial career. In his role as CEO and founder of a number of successful ventures, Abony has raised over C$1.3 billion through the public and private debt and equity markets, including over $100 million for Petopia.com, $190 million for FUN Technologies and over $820 million for Mood Media.
Abony was named CEO of FastForward Innovations, Ltd. on January 27, 2016. In his role as CEO, Abony will lead an investment strategy focused on companies that are developing emerging technologies and that are in the earlier stages of development. This focus will enable FastForward to bring investment opportunities often reserved for venture capital firms to the average investor. Current portfolio companies include Leap Gaming, Factom, Intensity Therapeutics, Pulse Flow, SatoshiPay, Schoold, Vemo Education and Yooya Media.
Abony founded an education finance company originally called Vested Finance in early 2015 to address the burgeoning student debt crisis which had grown to $1.3 trillion. It became clear to Abony only a few months into the endeavor that there were two distinct arms of the company – a student financing arm and a mobile app arm – that each had the potential to become bigger on their own than together as one company. So he restructured the organization into two separate companies – Vemo Education and Schoold – and currently serves as the Non Executive Chairman of both companies.
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