Purpose: This article maps the rise of venture philanthropy in public education in Australia, exploring how policy networks mobilize high-level systemic reform and governance technologies. This is "philanthrocapitalism," a fundamental shift for policy mobility and modes of redistribution. Design/Approach/Methods: Drawing upon network ethnography, I focus on a node called Social Ventures Australia (SVA), an organization committed to revolutionizing venture philanthropy in Australian education reform. SVA, the brainchild of McKinsey & Company and multinational corporations, is a useful example to map how venture philanthropy leverages resources and, in the process, fundamentally changes the shape, functionality, and form of traditional government. Findings: SVA has successfully advocated for several intermediaries, such as an evidence broker (Evidence for Learning), a national charity (Schools Plus), and a national education research institute (Australian Education Research Organisation). Overlapping philanthropy and state, the intermediaries stand as a critical assemblage and technology of governance. Originality/Value: Venture philanthropy and the way in which these networks achieve high-level systemic reform is under-researched in Australia. It stands as a critical lever of policy reform in public education. This article will scrutinize and map the way these networks mobilize reform and function as an identifiable form of economic exchange.