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AaaS
An equity-only venture studio · est. 2025

We build the vertical.

Every industry is being rebuilt by AI. We build the agencies that own those industries — together with founders, on equity. Not consultants. Not fees. We are co-founders for the vertical layer.

SUBSTRATE ONLINE 3 verticals live · 7 in formation · €4.2M deployed
Thesis

Four bets we're making with our time.

The agency model is dead.

01Hourlies, retainers, ten-person teams shipping decks. AI-native operators ship the work directly to the customer.

The winners will be vertical.

02Generic AI tools have no moat. The next decade belongs to companies that own one industry's data, workflows, and trust.

Founders need substrate, not tools.

03You don't need another wrapper. You need agents, treasury, compliance, GTM — clones from a battle-tested base.

Equity is the only honest price.

04We don't bill you. We co-own the company. Our incentives are perfect because they have to be.

The pact

Two parties. One company. No middle terms.

Specifics — equity %, vesting schedule, governance — are deferred to the formation call. Here's the shape of it.

PARTY A · STUDIO

We bring the substrate.

  1. S.01 — The substrate. Context, agents, treasury, compliance — live in week one.
  2. S.02 — The capital. We fund the ramp.
  3. S.03 — The operating leverage. Portfolio CTO, ops, finance, legal.
  4. S.04 — The network. 60+ partner orgs, 18 LP funds.
  5. S.05 — The recovery. 3am on-call.
PARTY B · YOU

You bring the vertical.

  1. F.01 — The wedge. You know the industry's broken workflow.
  2. F.02 — First 5 customers. LOIs, paying within 60 days.
  3. F.03 — Operator commitment. 6+ months.
  4. F.04 — Vertical authority. You become the name in the niche.
  5. F.05 — Honesty. Blockers within 24 hours.
Join the studio
The substrate map

Eight nodes under every vertical.

Every studio company stands on the same substrate — eight nodes, cloned from the base, tuned to the vertical.

Context

Domain-tuned RAG + ontology

Agents

Specialist mesh, role-typed

Treasury

Token & compute pool

Compliance

Audit trail, region-scoped

Ops

Always-on monitoring + recovery

GTM

Vertical-specific outbound

Data

Customer + transaction graph

Identity

Auth, access, tenant routing

Substrate · live feed

A vertical forming, end to end.

substrate · live feed
[ctx]$ aaas init --vertical=legal-ops[ok]context engine seeded · 3,400 statutes ingestedtuning embeddings: jurisdiction=DE,US,UKfounder/maya: "add a redlining specialist agent"⚙ spawning agent: redline.v2 (role=paralegal)[ok]deployed · 11 active · 0 rate-limited[warn]token reserve: 78% · auto-refill scheduledclosing first contract: ACME → Soderlund LLP[ok]retainer signed · €18k MRR · equity granted: 4.5%[ctx]$ aaas verticals --status
Apply

The formation call.

If the four bets read as your own, the next step is a formation call. Equity %, vesting, and governance are settled there — with the numbers, not around them.

Write to apply@aaas.business or apply through the stored surface.

equity-only · no fees · co-ownership from day one

Apply to the cohort · View deal terms

The stored surface

aaas.business, published as stored.

This door serves the estate's stored business documents byte for byte, at the paths the design binds. The full studio surface lives one click from here.

index.htmlThe door's entry document — the studio surface boots here, as stored.
aaas.business - Home (standalone).htmlThe full standalone home — the whole studio pitch in one document.
how.htmlHow it works — the manifesto and the mechanics behind the pact.
grants.htmlDeal terms — equity, vesting, governance, stated plainly.
apply.htmlThe application — the formation call starts here.