Transformation Capital
Growth equity fund focused on innovative healthcare IT and services companies, primarily investing in Series B and Series C stages.
Boston, United States · 32+ investments · 51 portfolio companies
- Headquarters
- Boston, United States
- Founded
- 2016
- Website
- transformcap.com
- AUM
- $800.0M
- Portfolio Companies
- 51
- Total Investments
- 32
- Last Investment
- May 2026
- Geographic Focus
- United States
Indexed holds 51 portfolio companies and 32 funding rounds for this investor. The full record is or through the API.
Investment Thesis
Transformation Capital is a Venture Capital firm based in Boston, United States. It has made 32 investments, including Groups Recover Together, LightForce Orthodontics and Latent. Focus areas include Digital Health and Healthcare.
Portfolio51
Showing 48 of 51 recorded portfolio companies.

















Co-investors24
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24 co-investors across 76 shared portfolio companies — who they back alongside, and how often they lead.
Venture Capital ×14 · Corporate VC ×3 · Accelerator ×2 · 35 shared rounds
Investment History
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