Fund profile / United States

Permanent Capital Ventures Fund II

Geography: United States
Stage: Series A
Fund size: $200
Focus
Signals: Published

N°01 / About

About Permanent Capital Ventures Fund II

Applied AI companies led by technical founders with existing product-market fit, particularly those targeting legacy industries and needing enterprise go-to-market expertise Geography: Firm headquartered in Chicago; team members hired across five continents.

N°02 / Thesis

Investment Focus

Location / RegionUnited States

Funding StageSeries A

Industry Focus

Investor Signals Profile

active

Sweet Spot

Technical founder post-PMF scaling enterprise GTM machine

applied AI

Series A

enterprise GTM

technical founders

post-PMF scaling

Bullish Signals

$350M raised since early 2024external

Fund II $200M actively deployingexternal

Operators scaled revenue to $5B ARRexternal

Four founder testimonials praise in-trenches partnershipexternal

Founders cite consistent hands-on operator supportexternal

Partners built revenue orgs pre-investmentexternal

Contrarian Signals

Narrow GTM focus limits thesis breadthexternal

Series A only — no seed optionexternal

Founder Do's

Be technical — they arm tech founders

Have early PMF, need GTM scale

Expect hands-on operator support in trenches

Leverage their enterprise network & customer intros

Pressure-test sales motion & hiring with them

Founder Don'ts

Don't pitch without clear GTM bottleneck

Don't expect passive capital

Don't come pre-PMF

24 signals on Permanent Capital Ventures Fund II

6 bullish · 2 contrarian · 5 pitch do's · 3 don'ts · 8 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size$200

Saves0

Website

People

Key People

Jason DuboePartner

Wenz XingPartner

Mike GamsonPartner

Nakesha JasperTeam

Rosi BodnarTeam

Ivaldo BassoTeam

Brian FrankTeam

Jessie AbramsTeam

Backers

Known LPs

Aphorism FoundationFoundation / Endowment

Illinois State Treasurer's officePublic / State institution

N°04 / See also

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