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The Venture Codex

Permanent Capital

50 California Street, Suite 680, San Francisco, CA, 94111, United States

Overview

Investment firm focused on software-enabled businesses.

Deals · 12mo

3

Links

WebsiteLinkedIn

Stage focus

Seed
Series A
Series B

Geographic focus

United States

Sector focus

—

Investment portfolio

6rounds
NAMEDATESIZE
Compa
Jan 2026Participated
$35 MSeries B
Cynch AI
Dec 2025Participated
$9 MOther Equity
Tidalwave
Nov 2025Led
$22 MSeries A
Logik.io
Oct 2024Participated
$25 MSeries B
Agentio
Nov 2023Participated
$4 MSeed
Hourwork
Mar 2022Participated
$10 MSeries A
Compa
Jan 2026Participated
$35 MSeries B
Cynch AI
Dec 2025Participated
$9 MOther Equity
Tidalwave
Nov 2025Led
$22 MSeries A
Logik.io
Oct 2024Participated
$25 MSeries B
Agentio
Nov 2023Participated
$4 MSeed
Hourwork
Mar 2022Participated
$10 MSeries A
6
Items
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Insights

Time horizon

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Deal Distribution

Permanent Capital: 6 funding rounds are recorded in the selected participation categories.All available history.
Permanent Capital: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A11
Series B02
Other Equity01

Monthly Deal Activity

Permanent Capital: 6 deals are recorded across 56 months.All available history.
Permanent Capital: 6 deals are recorded across 56 months. All available history
MonthDeals
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '251
Dec '251
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Permanent Capital: AI & Machine Learning is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Permanent Capital: AI & Machine Learning is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
AI & Machine Learning4
Networks, Cloud & Communication2
Marketing & Advertising2
Fintech2
Professional Services2
Enterprise Software1
Media & Entertainment1
E-Commerce & Retail1
Data, Analytics & IT1

Deal Size Distribution

Permanent Capital: 6 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Permanent Capital: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M2
$25M-$50M2
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Permanent Capital: United States has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Permanent Capital: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Permanent Capital: 20 co-investors are shown, with AI Capital Partners sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Permanent Capital: 20 co-investors are shown, with AI Capital Partners sharing 1 recorded deals. All available history
Co-investorShared deals
AI Capital Partners1
AlleyCorp1
Antler1
Clear Ventures1
Craft Ventures1
Crosslink Capital1
D.R. Horton1
Emergence Capital1
Engineering Capital1
Factory1
GoBig Ventures1
High Alpha1
HR Tech Investments1
Impact Engine1
Jump Capital1
MassMutual1
Morgan Stanley1
OneValley Ventures1
PagsGroup1
Positive Sum1

Investment Strategy

Permanent Capital: Led accounts for 17% and participating for 83% of round participation.All available history.
Permanent Capital: Led accounts for 17% and participating for 83% of round participation. All available history
CategoryDeals (count)Share (%)
Led117%
Participating583%
Permanent Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Permanent Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Jason Duboe