Michael Serbinis

Michael Serbinis is a Canadian entrepreneur, engineer and angel investor based in Toronto, Ontario, Canada.

Michael Serbinis
Born
Hamilton, Ontario, Canada
NationalityCanadian
Alma materQueen's University (BS)
University of Toronto (MS)
Occupation(s)Founder and CEO, League Inc.

While a student, Serbinis worked for Microsoft on advanced routing algorithms.[1]

He later helped found the cloud-based document storage network company DocSpace. In December 2009, Serbinis co-founded Kobo Inc., a digital reading company. In 2014, Serbinis launched League, a digital health and wellness benefits platform.[2] Along with being a co-founder, he also serves as Chief Executive Officer.

Career

At age 19, Serbinis entered the Ontario Engineering Competition.[1] His entry in the competition was a frictionless motor operated by a new generation of software code that mimicked genetic coding. Because the software constantly evolved, the motor was able to hover effortlessly above a magnetic bearing without crashing.[1] One of the judges, Ken Nickerson, who was an executive at Microsoft at the time decided to give Serbinis a summer job with the company.[1]

Zip2 and Kobo

Serbinis worked alongside Elon Musk at Zip2.[1] Zip2 primarily provided and licensed online city guide software to newspapers.[3] It was eventually sold to Altavista for $300 million.[4]

Serbinis then helped found a cloud-based document storage network company called DocSpace. Two years after DocSpace was launched, San Francisco-based Critical Path Inc. agreed to acquire it for $530 million.[1]

In 2001, Serbinis was appointed Chief Technology Officer of Critical Path.[1]

In 2009, Serbinis co-founded Kobo Inc., a digital reading company. In January 2012, Kobo was acquired by Japanese e-commerce conglomerate Rakuten for $315 million.[1]

League Inc.

In 2014 Serbinis launched League Inc., a digital health and wellness platform.[2] Along with being a co-founder, Serbinis also serves as Chief Executive Officer and Chairman. In 2016, League raised a US$25 million Series A.[2] In June 2017, League expanded its platform into the US.[5] In July 2018, League raised a US$41.7 million Series B.[6]

References
  1. "Inside the Kobo deal that netted Indigo $165-million". The Globe and Mail. 28 June 2012. Retrieved 17 August 2018.
  2. "Mike Serbinis gives "all-in" lesson for startup founders at #TechTO". BetaKit. Retrieved 17 August 2018.
  3. "Zip2 Plays Up National Network Card – Editor & Publisher". www.editorandpublisher.com. Retrieved 17 August 2018.
  4. Napoli, Lisa (17 February 1999). "Compaq Buys Zip2 to Enhance Altavista". The New York Times. Retrieved 17 August 2018.
  5. "Diversity, Balance and Big Dreams: Michael Serbinis is in a League of His Own". Techvibes. Retrieved 17 August 2018.
  6. "League raises $47.1M Series B to fix corporate health care benefits". TechCrunch. Retrieved 17 August 2018.
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