Fundraising Fox

Permanent Capital Ventures

Venture capitalActively deploying

Chicago · Seed–Series B · 8 people tracked

Also known as PERMANENT CAPITAL VENTURES MANAGEMENT, LLC

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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.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series B
HQ
Chicago, US
Instruments
Equity
Founded
2023
Last 12 months
2 investments
Private fund assets
$151.8M
VC funds
1
Tracked investments
12

Team · 8 people

from the firm's website

Founder mafia

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

What they invest in

from 10 of 12 portfolio companies

AI & Machine Learning ×7SaaS ×7Fintech ×4Enterprise Software ×3B2B Marketplaces ×1FoodTech ×1Healthtech ×1HR Tech ×1

HQs:United States×2United Kingdom×1

Investments · 12 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12 dated

Compatrycompa.comin

Compa builds compensation management software to help organizations establish fair and competitive compensation.

AI & Machine LearningEnterprise SoftwareHR TechSaaS

Co-investorsStorm Ventures2.12 AngelsAcadian Ventures Management, LlcCrosscut VenturesDragonX

Cynch AIcynch.aiin

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

AI & Machine LearningFintechSaaS

Nigel Duffy(Founder)in

Co-investorsAlpha Intelligence CapitalTrue Global Ventures

Day AIday.ai

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)inChristopher O'Donnell(Co-founder)in

Co-investorsInspired CapitalPillar VCStage 2 CapitalConvictionGreenoaksSequoia Capital+1 more

Logiklogik.io

Co-investorsHigh Alpha

Lyriclyric.techinSep 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)

Co-investorsFoster VenturesNewBuild.VCPrimary Venture PartnersInsight PartnersPrimaryVMG Partners

Miamia.incin𝕏

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 VenturesFour Acres CapitalNorwest Venture PartnersVine VenturesAnalog VenturesTTV Capital

Outmarketoutmarket.aiinMay 2026 · $17M

Outmarket provides an AI platform for insurance agencies that automates document-heavy workflows such as coverage gap analysis, renewals, and policy checking.

AI & Machine LearningInsurTechSaaS

Vishal Sankhla(Founder)in

Co-investorsFikaSignalFireDash FundFika VenturesTTVTTV Capital

Provi (fka Tiz)provi.comin𝕏

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 PartnersHyde Park Venture PartnersLudlow VenturesSandalphon CapitalHyde Park AngelsInterplay Ventures Early Stage Management Llc

Recursoftwarerecursoftware.comin

Recur acquires and operates mission-critical vertical software companies with $1M–$10M ARR, providing capital and operational support across AI, go-to-market, embedded payments, and product engineering.

AI & Machine LearningEnterprise SoftwareSaaS

TAPTAPtaptapsend.comin𝕏

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)Mitchell Riley(Executive Officer)

BoardBrendan Dickinson(Director)inChristopher Schroeder(Director)

Co-investorsOmidyar NetworkBalderton CapitalBlue CollectiveBreyer CapitalCanaan PartnersFinberg+5 more

Tidalwavetidalwave.aiin

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)

Co-investorsEngineering Capital

Withwisdomwithwisdom.comin

Wisdom is a dental billing outsourcing service that handles claims processing, insurance verification, claims scrubbing, and patient billing and collections for dental practices.

FintechHealthtechSaaS

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Permanent Capital Ventures made?
Permanent Capital Ventures has 12 tracked investments, including 2 dated in the last 24 months.
What stage does Permanent Capital Ventures invest at?
Permanent Capital Ventures invests at the Seed, Series A, Series B 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 Balderton Capital, Bessemer Venture Partners, Breyer Capital, among 31 tracked co-investors.

Images

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