Profile
Permanent Capital Ventures (PCV) is a venture capital firm based in Chicago, founded in early 2024 by Mike Gamson, a former LinkedIn sales executive, and Jason Duboe, previously Chief Growth Officer at project44. The team is comprised of operators with experience at Valor Equity, Emergence Capital, and other leading firms, focusing on scaling go-to-market functions. They employ a low-volume, high-engagement investment approach, emphasizing operational involvement to help companies scale enterprise sales.
PCV invests primarily in applied AI companies at the Series A stage, with specific focus on technical founders that have achieved product-market fit. The firm aims to build world-class go-to-market strategies, especially in legacy industries. With a fund size of $200 million for Fund II and over $350 million in total capital raised, PCV supports founders in regions across five continents, with notable institutional backers like the Illinois State Treasurer's office and the Aphorism Foundation.
The firm's disclosed portfolio includes companies like Recur - platform for subscription management, TidalWave - enterprise solutions for data analytics, Outmarket - sales and marketing automation software, and Lyric - AI-powered health tech solutions. PCV focuses on strategic guidance and deep operational involvement, differentiating itself through hands-on scaling experience.
Industry
Permanent Capital Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
PCV Fund II
|
Venture Capital (VC)
|
Business Services (B2B)
Software
AI
|
Series A
|
North America
Europe
Middle East
Africa
Asia
Australia and others
|
$10-50 m
|
$200 M
|
August 2026
|
Contacts
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