Mayfly is an Australian AI venture studio. We work with business owners and operators who have a clear idea of where AI could create real value in their industry, but need the strategy, technical depth, and commercial rigour to make it happen properly.
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Most AI projects fail before the build begins. The strategy firm finishes the deck and hands it over. The dev shop starts coding without ever validating the idea. You end up owning the gap between them.
Mayfly closes that gap. One Australian-based team takes your idea from commercial validation through to a built, scalable product. We don't hand off. We don't disappear. And for a select group of ventures, we back our conviction with direct investment.
We work shoulder to shoulder with domain experts, guiding ventures from early validation through to launch and scale with a clear, staged approach.
We go beyond the deliverables. We align for the long term, becoming true partners in building ventures designed to perform, grow, and endure.
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You don't need a tech background. You need a clear problem worth solving. Mayfly works best with business owners and senior operators who understand their industry deeply, can see where a specific process or workflow is ripe for transformation, and are ready to invest in getting it right.
You're probably right for this if:
- You have a specific operational problem or opportunity in mind
- You've thought about AI but aren't sure where to start or who to trust
- You want a partner, not just a contractor
We are not the right fit for low-cost quick builds or proof-of-concept experiments with no commercial intent.
Before any development begins, you need to know whether your idea is commercially viable, technically feasible, and worth building. That's what the Venture Building Engagement delivers: a validated concept, a clear product strategy, and a staged build proposal. Or honest advice that the timing needs to change. Investment: $15,000
You walk away with:
- Commercial validation and market sizing
- Product strategy and feature prioritisation
- Full build roadmap with costed stages
- Clear go/no-go recommendation
For most AI ventures, around 80% of build costs qualify. We structure work to align with eligibility criteria from day one, and can connect you with upfront R&D loan options that unlock that cash before your tax return. On a $200,000 build, that's roughly $70,000 back.
The scope was never stress-tested. The team building it didn't understand the industry it was entering. Generic tools create efficiency at the edges. Venture-grade AI that transforms operations requires someone who understands both the problem and the product, and is accountable for the outcome.
That is why Mayfly exists as a venture studio, not a consultancy or a dev shop.
For most clients, we work together through the full engagement, from validation through to a built product. For a small number of ventures where the commercial opportunity is exceptional, we go further: we take an equity stake and build as co-investors, not just a service provider.
Either way, the model is the same. One team. One outcome. Shared accountability.
Through our network of angels, syndicates, and venture funds, we help partners prepare for investor conversations and connect with funders whose mandates fit the venture. We don't sit outside the venture; we build inside it. We win when you win. Introductions are selective and based on fit, not volume.
If you can see where AI could change the way your industry operates, that is worth talking through. Bring the idea, even if it's half-formed. We'll tell you honestly whether it has the commercial legs to be worth pursuing, and what a sensible first step looks like. No pitch needed. No commitment required.
