Permanent Capital Ventures Management, LLC
Emerging managerSEC exempt reporting adviser (venture capital exemption).
- HQ
- IL
Permanent Capital Ventures Management invests in founders who have reached the point where operational execution is the gating factor to durable growth. The firm sees distribution as a competitive advantage in an AI-native era. Its portfolio includes Recur, which partners with mission-critical software companies to unlock latent growth potential, and Outmarket, an insurance operating system that helps brokers grow revenue, cut costs, and reduce risk.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Series A | Not enough dated deals |
| Sectors | AI applications | Not enough dated deals |
| Regions | Not stated | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| PCV Fund I Partners - Recur, LP | 2026 | $7.52M (Form D) | Raising |
| Permanent Capital Ventures Fund I, LP Permanent Capital Ventures is an early-stage venture firm leading Series A investments in applied AI companies. It backs founders who have reached the point where operational execution is the gating factor to durable growth, helping them move from founder-led sales to a structured go-to-market engine built for enterprise scale. Inferred from the firm's website | 2024 | $120.1M (Form D) | Open, writing first checks |
03 · People across funds
- Ivaldo Basso
PCV Fund I Partners - Recur, LP (Named on Form D)
- Jason Duboe
PCV Fund I Partners - Recur, LP (Named on Form D); Permanent Capital Ventures Fund I, LP (Named on Form D)
- Michael Gamson
PCV Fund I Partners - Recur, LP (Named on Form D); Permanent Capital Ventures Fund I, LP (Named on Form D)
- Nakesha Jasper, Executive Assistant
PCV Fund I Partners - Recur, LP (Team); Permanent Capital Ventures Fund I, LP (Team)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://www.permanent-capital.vc
- https://www.permanent-capital.vc/team
- https://www.permanent-capital.vc/portfolio
- https://www.permanent-capital.vc/thesis
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026