The global accelerator for AI-native solo founders

Legacy software is a $500B demolition site. Bring a wrecking ball.

One founder with AI leverage can now build what took a 20-person team. innovation.net finds those founders, funds them with $100k for 10%, runs them through hard milestones - and puts them in front of VCs who've already seen the execution data. Fully online. Always on. No batch geography.

$100k / 10%
Standard first cheque, every founder
12 wks
Idea → post-revenue → VC Day
6
Stage gates, capital tranched against each
100%
Online - founders join from anywhere
Sydney Opera House at night
SYDNEY - THEY CALLED THE OPERA HOUSE IMPOSSIBLE
Fourteen years, ten times over budget - now the symbol of a nation. Ship anyway.
The thesis

Every legacy software category is now a startup opportunity.

Decades-old incumbents run on seat-based pricing, consultant-heavy implementations and interfaces users hate. AI-native replacements do the work, not just the workflow. That's the entire investment mandate - nothing else gets funded.

TARGET 01

Vertical SaaS incumbents

Practice management, agency tooling, field services - replace the seat licence with an agent that does the job.

TARGET 02

ERP & back-office modules

Procurement, AP/AR, inventory, HR admin - module by module, AI-native and 10x cheaper to run.

TARGET 03

Compliance & regulated workflows

Lodgements, audits, claims, KYC - deterministic outputs with agentic speed. High moats, sticky revenue.

TARGET 04

Professional services software

Legal, accounting, migration, insurance broking - the tools professionals tolerate, rebuilt around AI.

TARGET 05

Enterprise middleware & glue

Integration platforms, reporting layers, internal tools - agents that connect systems without the consulting bill.

TARGET 06

Every other vertical with a fax-era leader

If the market leader shipped its core product before 2015, it's in scope.

How the network compounds

Four sides. One flywheel.

1

Universities feed founders

Member universities nominate students and alumni into cohorts, run their own branded programs on the platform.

2

Founders build in public

Stage-gated execution, AI mentors, weekly shipping. Every milestone verified on-platform.

3

The Fund writes cheque one

$100k for 10%, tranched against gates. Grants engine stacks non-dilutive capital on top.

4

VCs buy the pipeline

Scored, gate-verified deal flow with first-look windows. VC Day converts execution into seed rounds.

Choose your side

Four ways in.

Solo founders

Build the disruptor

$100k for 10%, AI mentor stack, human advisors, free access to the grants engine, and a VC Day audience that has already seen your metrics. Not accepted yet? Builder tier keeps you in the game at $99/mo.

See the founder journey
Universities

Plug in your ecosystem

Run branded cohorts on a working accelerator instead of building one. Nominate your founders, host your own demo days, connect your alumni capital - from $15k/yr.

University membership
VCs & investors

Buy verified deal flow

Every company arrives with gate-by-gate execution history, AI scoring and platform telemetry. First-look windows before public VC Day. Or back the thesis itself through the Innovation Fund from $10k.

Investor access
Corporates

Pilot the disruption

Your problems become challenge briefs, your pilots become founder milestones, and your balance sheet takes LP exposure to the fund that owns the category shift - from $30k/yr.

Corporate partnership

The incumbents had a 20-year head start. You have AI. It's not close.

Applications reviewed continuously. Next cohort starts monthly - no waiting for a batch.

Apply now