Background and career
Lorne Abony (born August 26, 1969) is a Canadian businessman, currently the managing partner of Texas Venture Partners, a venture capital company located in Austin, Texas.
The grandson of Holocaust survivors, 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 earned an MBA from Columbia Business School, an LL.B/J.D. from the International Law Center at the University of Windsor and a B.A. from McGill University. Abony is the former CEO of Mood Media Corporation, a public company listed on the Toronto Stock Exchange and the London Stock Exchange. He co-founded FUN Technologies in 2001 and in 2004 as CEO of FUN became the youngest CEO of a listed company on the Toronto Stock Exchange (TSX).
In January 1998, Abony quit his job as a lawyer and founded online pet-supply business Paw.net in San Francisco. Together with Andrew Reisman, the company raised $300,000 from friends and family, $150,000 from EcomPark, and later, $9 million from TCV. The company, which was eventually renamed Petopia.com, grew to 200 full-time employees within two years and raised over $114 million in financing. Petopia.com was sold to Petco in 2001.
Abony's next venture was Columbia Exchange Systems Software PLC, an Internet gaming company co-founded with Andrew Rivkin after the two raised C$1.8 million from investors. Later renamed FUN Technologies, Abony became the company's CEO and the largest individual shareholder. In 2003, FUN completed an IPO on the London Stock Exchange raising over $11 million. When FUN listed on the Toronto Stock Exchange in 2004, Abony became the youngest person to serve as CEO of a company on the exchange. Liberty Media acquired a majority interest in FUN Technologies in 2005 and purchased the remainder in late 2007 at a valuation of nearly C$500 million.
In 2013, Abony purchased the Orange County Breakers of the World Team Tennis professional tennis league and relocated the team to Austin. He sold the team in February 2017.
Abony is the former CEO of Mood Media Corporation ("Mood Media"). Mood Media provides in-store media to over 575,000 locations worldwide, including clients such as McDonald's, Gucci, H&M, Abercrombie & Fitch, Nike, Hilton Hotel and AT&T. Mood Media has offices in 48 countries employs over 2,700 employees and plays over 115 million songs and 10 million on-hold and on-premise messages daily. In 2011 Mood Media was named Canada's fastest growing company by Profit. In January 2013, Abony was featured in the CBS series Undercover Boss.
Sources
Net-worth figure: Celebrity Net Worth (October 2026), in USD. Biography and career facts: the person's Wikipedia article and linked reporting. Snapshot date for all StarWorth figures: 28 October 2026.
