Distribution is a competitive advantage in an AI-native era.

We invest in founders who have reached the point where operational execution is the gating factor to durable growth.

We specialize in navigating the transition from founder-led sales toward a structured go-to-market engine designed for enterprise scale.

  • 01
    AI as core infrastructure

    We look for teams with exceptional founder market fit. They have lived through the problem and uniquely apply their technical depth in solving it.

  • 02
    The transition after product-market fit

    We partner with companies entering the stage where early traction is no longer enough.

    Hiring, sales process, customer segmentation, revenue operations, and organizational structure start compounding in either direction. This is the stage where operational precision matters most.

  • 03
    Founder-led companies entering scale

    The founders we back are moving beyond founder-led sales into building a GTM machine designed for scale.

  • 04
    Concentrated partnership

    Permanent works with a small number of companies each year so we can stay deeply involved where it matters most: hiring, go-to-market execution, and preparing the business for the next stage of growth.

Each team member makes 1-2 investments per year. We partner with founders building enduring AI-native companies and support them through the operational realities that emerge as the business begins to scale.