The AI-native economy

Build, launch, & grow
autonomous startups.

An autonomous startup is the whole company — written as Business-as-Code, then sold as Services-as-Software: your customers buy the outcome, not the seats.

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Why now

Every era builds its companies the way it builds its software.

In the cloud era, Infrastructure-as-Code turned servers into software — and that’s what unlocked Software-as-a-Service. The same shift is happening one layer up: Business-as-Code turns the company itself into software — and that unlocks Services-as-Software, where you don’t buy a tool to do the work, you buy the work done.

The $50-trillion services economy is being rewritten. The only question is which side of it you build on.

Cloud eraInfrastructure-as-CodeSoftware-as-a-Service

AI eraBusiness-as-CodeServices-as-Software

IaC : SaaS :: BaC : SaS

Our method

Business-as-Code.

Everything that makes a company — who it serves, what it sells, how it sells — written as code. Versioned, forkable, and executable, so a startup is something you ship, not something you staff up.

acme/business.ts

import { Business, agent } from 'business-as-code'

export const acme = Business({
  name: 'Acme Books',
  mission: 'Close the books for every small firm — automatically.',
  icp: 'US accounting firms, 2–200 staff',
  goals: ['500 firms onboarded', '$1M ARR', '99.9% on-time filings'],

  // sold as an outcome, not seats — software margins on a services budget
  products: [
    { name: 'Monthly Close', model: 'subscription', price: 499, cogs: 40 }, // ~92% margin
  ],

  // staffed by named digital employees — one per function
  team: [agent('Sally', 'Sales'), agent('Finn', 'Finance'), agent('Tom', 'Tech')],

  metrics: ['mrr', 'churn', 'grossMargin', 'closeTime'],
})

Autonomous where it’s safe. Human where it matters. Services-as-Software isn’t about replacing people — it’s about freeing them from execution to do the work only people can do.

The category

Buy the outcome.

SaaS sold you a tool and a login, then billed per seat while you did the work. Services-as-Software sells the work finished — the return filed, the contract reviewed, the books closed. Software’s margins on labor’s budgets.

Traditional services10–30% margin

Services-as-Software85–95% margin

AI can already do this work — most of the services economy just hasn’t bought it that way yet. That gap, between what’s possible and what’s been adopted, is the widest it will ever be.

Explore the economy

AI Capabilities

AI Adoption

The Services-as-Software opportunity

The loop

The market is the reward function.

The agents don’t just run the company — they optimize it. Every startup is a live experiment: they test ad creative, landing-page copy, pricing, and offers, and the market grades them in real numbers. Because the business runs on real payment rails, that reward is ground truth, not a proxy. Winners compound, losers get cut — and the company improves while you sleep.

01Ad CTR

02Signup %

03Activation

04Revenue

05Growth

06Profit

proxies reward · the agents optimize the whole funnel

What we build

Three first-class categories.

Every autonomous startup is one of three: an Agent, a Service-as-Software, or a Software. Each runs as Business-as-Code.

Agents

Digital employees you hire.

The job a person used to do, done by an AI you put on the org chart.

Services

Services-as-Software

Buy the outcome, not the hours.

Work people used to bill for, delivered as software.

Headless SaaS

Software

Built for agents, not humans.

APIs and apps for the machines that now do the work.

Crossed with every business model — B2B, B2C, B2A, marketplace, API, data, directory — and every niche in the economy. Millions of possible Startups, generated on demand. A curated Canonical Index keeps only what’s genuinely distinct — so the atlas stays a market map, not spam.

The engine

From a coordinate to a company.

This is how we build. The Combinator takes any niche in the economy and runs it through a cascade of typed stages. Out the other side: a live, selling startup.

emit
Coordinate
A cell in the economy's grid — the niche, addressed.
emit
Problem
The pain worth paying to remove, stated from the operator's chair.
split
ICP
Who exactly buys — one profile per branch.
split
Solution
What ships for that profile — scoped, never generic.
split
Differentiator
Why this entrant wins its niche.
bind
Founding Hypothesis
The bet, written down and testable.
bind
Position
The claim staked against the market.
bind
Offer
What the customer buys, priced as the outcome.
bind
Business-as-Code
The whole company, written as a program.
bind
Financial Rails
Commerce wired in from the first commit.
emit
Agents
The team, hired from the roster — named digital employees.
emit
Surfaces
Site, API, docs — every door the market walks through.
runtime
Live startup
The cascade’s output — running, selling, compounding.

What ships

This is what ships.

A sample of the portfolio — each on its own domain, wired to commerce rails from the first commit.

Auto.dev

We own the developer door to a $2T vertical.

auto.dev

Headless.ly

Every SaaS category, pre-built headless (~50 surfaces behind it).

headless.ly

Visibility.Cloud

The who, what, where, when, and why of everything moving through a supply chain.

visibility.cloud

Explore the portfolio

Who it's for

Build it, or fund it.

Builders & founders

Build a startup.

Technical or not — you bring the industry knowledge; the engine and its agents do the building and the staffing. Start your own or join a portfolio company.

Build with us

Investors

Fund a portfolio.

Two ways in: apply for dealflow from the companies we launch and back them directly — or hold the whole portfolio in one position as an LP in the Studio Fund.

Apply for Access

Come build with us.

If you’re an ambitious founder with unique insight into a niche, the studio was built for you — we handle the technology while you focus on the business.

For Founders For Investors

Build, launch, & growautonomous startups.