How many investments has Permanent Capital Ventures made?

Permanent Capital Ventures has 17 tracked investments, 1 of which have exited, including 8 dated in the last 24 months.

What stage does Permanent Capital Ventures invest at?

Permanent Capital Ventures invests at the Seed, Series A stages.

What sectors does Permanent Capital Ventures focus on?

Permanent Capital Ventures focuses on AI & Machine Learning, Enterprise Software, SaaS.

Where is Permanent Capital Ventures located?

Permanent Capital Ventures is headquartered in Chicago, US.

Who does Permanent Capital Ventures co-invest with?

Permanent Capital Ventures most often shares deals with FJ Labs, Balderton Capital, Bessemer Venture Partners, among 41 tracked co-investors.

Permanent Capital Ventures

Venture capitalActively deploying

Chicago · Seed–Series A · 8 people tracked

Also known as Permanent Capital · PERMANENT CAPITAL VENTURES MANAGEMENT, LLC

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Ivaldo Basso508 people can intro you
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Nakesha Jasper155 people can intro you

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Investment thesis

Permanent Capital positions itself as an operator-built fund focused on helping technical founders construct the go-to-market machine needed for enterprise scale. Drawing on firsthand experience growing enterprise revenue and building sales organizations, the team provides tactical operating frameworks, assets, networks, and hands-on guidance during the critical stage after product-market fit. They emphasize active, in-the-trenches partnership—customer introductions, pressure-testing sales motions, hiring key leaders, and refining strategy—rather than passive investing, describing themselves as an extension of the founding team.

Invests inAI & Machine Learning Enterprise Software SaaS Chicago

Source: firm website, verified Sep 29, 2026.

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Stage

Seed–Series A

Chicago, US

Instruments

Equity

Founded

2023

Last 12 months

4 investments

Private fund assets

$151.8M

VC funds

Tracked investments

Acquisitions

Team · 8 people

from the firm's website

Jason Duboe· Co-Founder & Managing Partner· Chicago, Illinois, United Statesin

Jason co-founded Permanent Capital Ventures and previously worked as both an operator and institutional investor, starting at Summit Partners and later joining Chicago Ventures where he was named to Forbes 30 Under 30 for VC. He led the investment in project44 and joined as Chief Growth Officer, helping scale it past $100M ARR. He holds an economics degree from Harvard and formerly played professional lacrosse.

Mike Gamson· Co-Founder & Managing Partner· Chicagoin 𝕏

Mike Gamson co-founded Permanent Capital Ventures after a 20+ year career as an operator and investor. He was CEO of AI biotechnology company Evozyne and of legal tech company Relativity, and spent 11 years on LinkedIn's executive team leading a 5,000+ person global sales organization. He is also an active angel investor and serves on several nonprofit boards.

Brian Frank· Partner· Saratoga, California, United Statesin

Brian Frank is a Partner at Permanent Capital Ventures working on platform, investing, and operating support for founders. His background spans corporate law, finance, and sales, including running Revenue Operations at LinkedIn, serving as COO at Cameo, and founding agricultural AI robotics company Farm-Hand.AI.

Jessie Abrams· Principal· Chicagoin

Jessie Abrams began her early-stage investing career at Valor Equity Partners before taking a corporate development and strategy role at travel platform Hopper, and previously worked as a hedge fund investor at GCM Grosvenor. She holds an undergraduate degree from the University of Pennsylvania.

Wenz Xing· Principal· New Yorkin

Wenz Xing has held both operating and investing roles focused on enterprise software, including as an Associate at Emergence Capital investing in Series A/B enterprise software, Business Operations at Regal, and an Associate role at Bullpen Capital, with earlier time on Cloudflare's Special Projects team. He holds an Economics degree from the University of Chicago.

Ivaldo Basso· Chief Operating Officer· Greater Chicago Areain

Ivaldo Basso has about thirty years of alternative investment experience, including serving as CFO of GCM Grosvenor. Earlier he was a senior manager at Ernst & Young and Arthur Andersen, lectured on operational risk at the University of Chicago and Northwestern, and is a CPA.

Nakesha Jasper· Executive Assistant· Greater Chicago Areain

Executive Assistant at Permanent Capital supporting the leadership team and daily operations, with nearly two decades of experience assisting senior executives, including prior roles at GTCR and GCM Grosvenor. She previously worked in hospitality and corporate events.

Rosi Bodnar· Executive Assistant· Indianain

Rosi Bodnar has over 20 years of experience as an executive assistant supporting C-suite leaders in investment banking, internet, legal technology, and biotech. She has supported Founding Managing Partner Mike Gamson since 2012 across LinkedIn, Relativity, Evozyne, and now Permanent Capital Ventures, and holds a marketing degree from Purdue University.

Founder mafia

2 people who came through Permanent Capital Ventures went on to found or lead other companies.

Mike GamsonCo-Founder & Managing PartnerFounded Evozyne Rosi BodnarExecutive AssistantFounded Evozyne

What they invest in

from 14 of 17 portfolio companies

AI & Machine Learning ×11SaaS ×9Fintech ×5Enterprise Software ×4HR Tech ×2B2B Marketplaces ×1Consumer ×1Cybersecurity ×1

HQs:United States×8China×1United Kingdom×1

Who they back

founder profiles across 12 portfolio companies

42%

solo founders

5 of 12 mapped founding teams

35%

repeat founders

of 17 founders with career history

Founding team size:solo founder×52 founders×53 founders×2

Where their founders studiedfrom 15 founders with education data

Peking University ×2University of Southern California ×2

What their founders studiedfrom 15 founders with field-of-study data

Computer Science ×5Economics ×5Engineering ×4Mathematics & Statistics ×3Business & Management ×2

Where their founders worked beforefrom 17 founders with career history

Better ×2Ethos ×2HubSpot ×2IBM ×2

Investments · 17 tracked

founders shown can be your intro path

By year:2026 · 3 2025 · 4 2024 · 2 2023 · 1 2022 · 111 dated

Compacompa.ai inMay 2024

Compa builds AI agents and live market data tools for enterprise compensation teams, helping them analyze pay trends and guide pay decisions across recruiting and HR.

AI & Machine LearningEnterprise SoftwareHR TechSaaSNewport Beach, US

Charlie Franklin(Founder)inJoseph Delmonico Malandruccolo(Founder)inTaylor Cone(Founder)in

Board Arun Penmetsa(Director)in

Co-investorsStorm Ventures 2.12 Angels Acadian Ventures Management, Llc Crosscut Ventures DragonX Navigate Ventures +3 more

Cynch AIcynch.ai in

Cynch combines accountants with AI to analyze financial data and provide insights for business decision-making.

AI & Machine LearningFintechSaaSSan Francisco, US

Nigel Duffy(Founder)in

BoardMike Gamson(Director)Chris Rust(Director)

Co-investorsAlpha Intelligence Capital Alumni Ventures True Global Ventures

Day AIday.aiFeb 2026

Day AI is an AI-native CRM that assembles and maintains customer records automatically from a company's communications, replacing manual data entry with generated, always-current context.

Michael Pici(Co-founder)in Christopher O'Donnell(Co-founder)in

Co-investorsInspired Capital Pillar VC Preston-Werner Ventures Sequoia Capital Stage 2 Capital Conviction +2 more

HourWorkhourwork.comMar 2022

HourWork provides an AI-driven employee engagement and retention platform for quick-service restaurant (QSR) operators, integrating with HRIS systems to run automated text and email outreach, sentiment analysis, and employee feedback.

AI & Machine LearningHR TechSaaS

Co-investorsService Provider Capital Underscore VC Dorm Room Impact Engine OneValley Ventures Relish Works +1 more

Logiklogik.ioOct 2024acquired by ServiceNow · Apr 2025 · $506M

Logik.ai developed an AI-powered, headless Configure-Price-Quote (CPQ) platform helping B2B companies streamline complex sales and quoting processes.

Libertyville, US

Co-investorsEmergence Capital Partners High Alpha Salesforce Ventures ServiceNow Ventures

Lyriclyric.tech inSep 2025

Lyric builds a supply chain decision platform with composable, ready-to-use apps, native data integrations, and configurable workflows powered by supply chain algorithms and science.

AI & Machine LearningEnterprise SoftwareLogistics & Supply Chain

Ganesh Ramakrishna(Founder & CEO)in

Co-investorsAidenlair Capital Foster Ventures NewBuild.VC Primary Venture Partners Atlantic Vantage Point AXA Venture Partners +3 more

Miamia.inc in 𝕏

Mia builds AI tools to modernize automotive dealership sales and operations and improve the consumer buying experience.

AI & Machine LearningRetail TechSaaS

Janna Salokangas(Founder)in

Co-investorsEniac Ventures Four Acres Capital Norwest Venture Partners Vine Ventures Analog Ventures TTV Capital

Outmarket AIoutmarket.ai inMay 2026 · $17M

Outmarket is an AI platform for commercial insurance agencies that automates document-heavy workflows such as comparing carrier quotes, reviewing policies, and generating proposals and forms.

AI & Machine LearningInsurTechSaaS

Vishal Sankhla(CEO & Co-founder)in Anshu Jain(CTO & Co-founder)in Alpesh Patel(Chief Revenue Officer)in

Co-investorsFika SignalFire Dash Fund Fika Ventures TTV Capital

Provi (fka Tiz)provi.com in 𝕏

Provi is a marketplace platform that connects buyers (bartenders, restaurant and retail owners, distributors) with alcohol distributors across the U.S., offering centralized ordering, product visibility, and supply chain management for the beverage alcohol industry.

B2B MarketplacesFoodTechSaaSChicago, US

Taylor Katzman(Founder)in

Co-investorsBessemer Venture Partners Bluestein Ventures FJ Labs Hyde Park Venture Partners Ludlow Ventures Sandalphon Capital +2 more

Recursoftwarerecursoftware.com in

A venture capital and advisory firm whose team comprises investors, operators, and software builders who work alongside founders to help software companies grow.

AI & Machine LearningEnterprise SoftwareSaaS

Henry Jefferies(Founder)in

Responsivresponsiv.ai inAug 2023

Responsiv offers an AI-powered regulatory intelligence platform that monitors thousands of regulatory sources across more than 50 jurisdictions, alerts users to relevant changes, identifies compliance gaps, and maps requirements to policies and controls.

AI & Machine LearningCybersecurityFintechSaaSChicago, US

Jordan Domash(Co-Founder & CEO)in Nikita Solilov(Co-Founder & CTO)in

BoardMike Duboé(Investor (Greylock) — board status unconfirmed)Christine Kim(Investor (Greylock) — board status unconfirmed)in

Co-investorsGreylock Partners Mastercard Start Path

TAPTAPtaptapsend.com in 𝕏

Taptap Send is a money transfer application that enables users to send remittances to over 70 destinations across Africa, Asia, the Caribbean, and Latin America at lower costs and faster speeds than traditional services.

FintechImpact & Social GoodNew York, GB

Michael Faye(Executive Officer, Director, Promoter)inMitchell Riley(Executive Officer)

Board Brendan Dickinson(Director)inChristopher Schroeder(Director)

Co-investorsOmidyar Network Balderton Capital Blue Collective Breyer Capital Canaan Partners Finberg +8 more

Tidalwavetidalwave.ai inNov 2025

Tidalwave builds AI agents for mortgage lenders that automate document review, data entry, bank statement analysis, and loan processing, along with SOLO, a 24/7 assistant that answers borrower questions with compliant responses.

AI & Machine LearningFintechPropTechNew York City, US

Diane Yu(Founder)inCheng Li(Founder)in

Co-investorsEngineering Capital

Trustibletrustible.ai in 𝕏Seed · Jun 2025 · $5M

Trustible provides an AI governance platform designed to help enterprises manage the full lifecycle of AI systems—from intake and risk assessment through monitoring and regulatory compliance.

AI & Machine LearningEnterprise SoftwareGovTechWashington, US

Gerald Kierce(CEO & Co-Founder)in Andrew Gamino-Cheong(CTO & Co-Founder)in

Co-investorsAlumni Ventures Inner Loop Capital JHH vc Tau Ventures VamosVentures FoundersX +4 more

Wisdomhuasenwei.comSeries A · Aug 2025 · $21M

Huasen Wei designs and supplies early childhood education furniture and classroom products for kindergartens and preschools, including themed room collections and integrated space planning services.

ConsumerEdTechGuangzhou, CN

Co-investorsNavis Capital Partners Richard King Mellon Foundation

Withwisdomwithwisdom.com in

Wisdom provides dental billing and revenue cycle management services by combining human expert billers with AI-powered technology to handle insurance verification, claims processing, and payment collection for dental practices.

AI & Machine LearningFintechHealthtechSaaS

Stoyan Kenderov(Founder and CEO)in Ashley Bond(Co-Founder & Chief Dental Billing Officer)in

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Mia Labs

Exits · 1

1 acquisitions

Logikacq. by ServiceNow

Portfolio news

latest coverage across their companies

Outmarket AI Raises $17M in Series A Funding

Outmarket AI · finsmes.com · May 13, 2026

Cynch AI Raises US$9M in Funding

Cynch AI · finsmes.com · Dec 11, 2025

Tidalwave Raises $22M in Series A Funding

Tidalwave · finsmes.com · Nov 24, 2025

Lyric Raises $43.5M in Series B Funding

Lyric · finsmes.com · Aug 5, 2025

Trustible Announces $4.6M in Funding to Accelerate AI Governance in Enterprises

Trustible · prnewswire.com · Jun 10, 2025

Frequently asked questions

How many investments has Permanent Capital Ventures made?: Permanent Capital Ventures has 17 tracked investments, 1 of which have exited, including 8 dated in the last 24 months.
What stage does Permanent Capital Ventures invest at?: Permanent Capital Ventures invests at the Seed, Series A stages.
What sectors does Permanent Capital Ventures focus on?: Permanent Capital Ventures focuses on AI & Machine Learning, Enterprise Software, SaaS.
Where is Permanent Capital Ventures located?: Permanent Capital Ventures is headquartered in Chicago, US.
Who does Permanent Capital Ventures co-invest with?: Permanent Capital Ventures most often shares deals with FJ Labs, Balderton Capital, Bessemer Venture Partners, among 41 tracked co-investors.

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