# Lorne Abony

> Lorne Abony is a Canadian entrepreneur and investor based in Austin, Texas. He co-founded FUN Technologies, founded Fluid Music Canada, and led its expansion into Mood Media through acquisitions including Muzak. A competitive tennis player and former World TeamTennis franchise owner, he is now managing partner at Texas Venture Partners and CEO and director of Abony Acquisition Corp. I.

- **Role:** Managing Partner at Texas Venture Partners; Chief Executive Officer and Director at Abony Acquisition Corp. I
- **Organizations:** Texas Venture Partners, Abony Acquisition Corp. I, Abony Capital, Mood Media (former chairman and CEO), Fluid Music Canada (founder), FUN Technologies (co-founder and former CEO), Petopia.com (co-founder), Einride (M&A committee chair, as of February 2026 prospectus), SEEQC (M&A committee chair, as of February 2026 prospectus), Callers.ai (board chairman, as of February 2026 prospectus), Glu Mobile (former lead director), Orange County Breakers / Austin Aces (former owner), ATP Competition Committee (former member)
- **From:** Toronto, Canada
- **Nationality:** Canadian
- **Education:** BA, McGill University, LLB, University of Windsor, JD, University of Detroit, MBA, Columbia Business School
- **Known for:** Co-founded FUN Technologies and led it as a publicly traded company., Led the expansion of Fluid Music into Mood Media through acquisitions including Mood Media Group and Muzak., Won the media and entertainment category at the 2011 Ernst & Young Entrepreneur of the Year Awards.

## Career timeline

- **1994** — Graduated from Windsor Law; subsequently practiced securities law at Aird & Berlis in Toronto.
- **1998** — Left legal practice and launched Paw.net, later called Petopia.com.
- **2001** — Co-founded FUN Technologies with Andrew Rivkin.
- **2003** — FUN listed on London’s Alternative Investment Market.
- **2004** — FUN listed on the Toronto Stock Exchange.
- **2005** — Founded the business that became Mood Media, according to his 2026 prospectus biography.
- **2008** — Fluid Music Canada listed on the TSX.
- **2010** — Fluid completed the EUR160 million acquisition of Mood Media Group and adopted the Mood Media name.
- **2011** — Mood Media agreed to acquire Muzak in a US$345 million transaction including net debt repayment and contingent consideration; Abony won the media and entertainment category at EY’s entrepreneur awards.
- **2012** — Joined the ATP Competition Committee as a Player Council nominee.
- **2013** — Appeared on Undercover Boss in January; stepped down as Mood Media chairman and CEO in September; purchased the Breakers tennis franchise that moved to Austin.
- **2013–2016** — Served as Glu Mobile lead director and chaired its compensation and strategy committees.
- **2017** — Sold the Orange County Breakers to Eric Davidson.
- **2023** — Began serving as managing partner of Texas Venture Partners, according to his 2026 prospectus biography.
- **2024** — Texas Venture Partners announced a US$50 million fund focused on Israeli defense technology startups.
- **2025** — Became chair of the M&A committees at SEEQC in March and Einride in June, according to the February 2026 prospectus.
- **2026** — Abony Acquisition Corp. I closed its US$230 million IPO on February 20.

## Achievements

- Co-founded FUN Technologies and led it as a publicly traded company.
- Led the expansion of Fluid Music into Mood Media through acquisitions including Mood Media Group and Muzak.
- Won the media and entertainment category at the 2011 Ernst & Young Entrepreneur of the Year Awards.
- Named to Canada’s Top 40 Under 40 in 2006.
- Received the University of Windsor’s Odyssey Award.
- Selected for the ATP Competition Committee in 2012.
- Co-founded Texas Venture Partners, which announced a US$50 million inaugural fund in 2024.

## Latest updates

- **2026-08** — Signed Abony Acquisition Corp. I’s June-quarter report as CEO on August 11, 2026.
- **2026-02** — Abony Acquisition Corp. I announced the closing of a US$230 million IPO on February 20, 2026.
- **2025-06** — Began serving as chair of Einride’s board M&A committee, according to the February 2026 prospectus.
- **2025-03** — Began serving as chair of SEEQC’s board M&A committee, according to the February 2026 prospectus.

## Links

- Website: https://www.abonycapital.com/
- LinkedIn: https://www.linkedin.com/in/lorne-abony-138693b3

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Profile page: https://yespress.io/lorne-abony
Published by YesPress — https://yespress.io
Last updated: 2026-10-15