New York, NY — Frontstage Ventures, a new venture studio founded by Lorne Brown, Founder and CEO, with Lead Investor and Advisor Al Subbloie, announces its launch. Frontstage Ventures has successfully closed its first round of financing, uniting industry leaders leveraging collective expertise with over $2 billion in value creation, all aimed at establishing an innovative model for venture building.

The company’s journey began with a passion for founding companies and empowering founders to achieve success. In creating this studio, Frontstage seeks to address the challenges inherent in early-stage venture dynamics, such as funds entering late, leaving early to secure returns, and creating mixed messages for founders. Many funds often lack operational expertise necessary to add meaningful value to management teams.

"Traditional venture capital firms average their bets. As long as there is a successful exit among a larger set, that's enough to achieve a 20% IRR," said Lorne Brown, CEO of Frontstage Ventures. "At Frontstage, we identify underserved markets and aim to be leaders in each. We believe every company we fund has the potential to yield a billion-dollar outcome.”

Frontstage Ventures plans to deploy the bulk of its capital towards launching its own companies. The firm’s team of proven operators has extensive experience monetizing technology, creating platforms, and designing effective operating plans. Additionally, the company has allocated funds for minority investments in pre-revenue businesses with coachable founders. The firm has already made investments in healthcare, agriculture, and gaming.

“The most exciting aspect of our studio is how we monetize the companies we create. Most tech companies monetize using a SaaS usage model, which creates friction when pitching their products,” Brown added. “For every industry we enter, we will create a strategic insertion point, to take control of the entire expense stream. By controlling the flow of funds, we can influence all players with a 360-degree view, helping to reduce costs and share those savings with our customers .”

Drawing inspiration from Subbloie’s company, Budderfly, an innovative energy-as-a-service provider, Frontstage Ventures brings a transformative shared outcome customer approach to its ventures, aiming to disrupt markets laden with complexities and middlemen. Currently, commercial healthcare stands as Frontstage’s top priority.

“Friction is detrimental to progress and we’ve figured out how to remove it by creating an outcome-driven model that revolves around the customer,” said Al Subbloie, Lead Investor. “We are picking large macro markets with fast-running rivers as our entry point. Our goal is to develop businesses that challenge the status quo and forge a new journey with better outcomes for customers and communities.”

About Frontstage Ventures

Frontstage Ventures is redefining the venture building landscape by combining the expertise of industry leaders with a distinct venture and commercial model. Based in New York, NY, Frontstage Ventures was founded by Lorne Brown to build and support tech ventures aimed at disrupting inefficient markets. The company's innovative model integrates strategic investments, operational expertise, and transformative operating systems to drive efficiency, monetization, and equitable business practices. With investments spanning healthcare, agriculture, and gaming, Frontstage Ventures is committed to fostering a new generation of tech companies that prioritize client investments and deliver substantial, sustainable value.

For media inquiries, please contact Amy Golden - amy@frontstageventures.com