Tenacity Venture Capital

Tenacity Venture Capital

Tenacity Venture Capital operates as an early-stage venture firm founded by serial operator Andrew Perlman. Perlman previously co-founded and led companies including Nexamp, a solar developer, and Desalitech, an industrial water treatment business, giving the firm a founding story rooted in physical-world infrastructure rather than pure software. The firm invests from an operator's perspective across sectors where digital and industrial systems converge. Tenacity targets pre-seed through Series A companies working on hard engineering problems. Its investment focus spans grid-edge technologies, advanced materials, industrial automation, and climate resilience platforms. The firm looks for technical founding teams commercializing university research or DOE-lab innovations. Deal structures include direct equity in venture rounds, often as a first institutional check. Tenacity occasionally co-invests alongside sector-specialist funds and corporate venture arms active in energy transition. Andrew Perlman leads the firm, drawing on two decades of company-building experience. Tenacity's compact structure keeps investment decisions concentrated with the founder, who also holds board seats at portfolio companies where he contributes operational guidance on supply chain scaling and regulatory pathways. Tenacity's structural differentiator is its single-GP design embedded with an active operator: the firm writes checks informed by direct experience running capital-intensive industrial businesses, which shapes due-diligence questions around manufacturability, permitting timelines, and field-service economics that pure financial investors often miss.