Chicago venture firm leading Series A investments in applied AI, run by operators who build founders' go-to-market engines.
Location
Chicago, IL, US
Founded
2024
Permanent Capital Ventures is an early-stage venture capital firm that leads Series A investments in applied AI companies moving from early traction to scaled go-to-market. The firm manages more than $350 million across two funds and limits itself to two investments per partner per year.
Co-founders Mike Gamson and Jason Duboe built the firm around operational depth: both scaled enterprise revenue organizations at LinkedIn and project44, and the team adds operating and investing experience from firms including Summit Partners, Valor Equity Partners, Emergence Capital, and GCM Grosvenor. Its investments include Recur, Tidalwave, Outmarket, Lyric, Wisdom, and Mia Labs.
Permanent Capital Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Follow-on Investments1
Current Portfolio Count1
Top Investment Stages
Series A1 (50.0%)
Series B1 (50.0%)
Stage Mix
Series A 50%Series B 50%
Concentration shown as share of disclosed investments by stage.
