Transformation Capital

VC firm · Boston, MA

Verified active in the last 12 monthsSEC-registered adviser

Venture firm based in Boston, MA. Most recent fund on file: Transformation Capital Co-Investment FUND III, L.P. ($15.7M offering), filed Oct 2025. 1 deal vehicle (SPVs) filed with the SEC since Aug 2025. Partners sit on the boards of 2 startups that raised recently.

“Transformation Capital is a digital healthcare investor that understands digital health is the future of health — let’s make it together.” (from the firm’s website)

Stages: Pre-seed, Series B
Typical check (est.): $150K–$450K
Latest fund: Undisclosed · Sep 2026
Last verified activity: Sep 2026

Focus

HealthcareClimate & Energy

Recent portfolio activity

Cayman Feeder
SPV
Aug 2025
Enertopia
Board seat · A1
May 2025
Woolpert Topco
Board seat · OH
Mar 2024

Funds and vehicles on SEC file

Transformation Capital Executive Fund IV, L.P.
Fund
Sep 2026
Transformation Capital Partners III-CPRX, L.P.
Fund
Nov 2025
Transformation Capital Co-Investment FUND III, L.P.
Fund · $15.7M offering
Oct 2025
Transformation Capital Fund IV-A, L.P.
Fund
Aug 2025
Transformation Capital Fund IV, L.P.
Fund
Aug 2025
Transformation Capital Fund IV (Cayman Feeder), L.P.
Deal vehicle
Aug 2025
Transformation Capital Partners I-DV, L.P.
Fund
Dec 2023

Sources

SEC Form D: Transformation Capital Executive Fund IV, L.P.Sep 30, 2026
SEC Form D: Transformation Capital Partners III-CPRX, L.P.Nov 14, 2025
SEC Form D: Transformation Capital Co-Investment FUND III, L.P.Oct 6, 2025
SEC Form D: Transformation Capital Fund IV-A, L.P.Aug 13, 2025
SEC Form D: Transformation Capital Fund IV, L.P.Aug 13, 2025
SEC Form D: Transformation Capital Fund IV (Cayman Feeder), L.P.Aug 13, 2025
SEC adviser record: Transformation CapitalMar 20, 2026
Firm websiteOct 12, 2026

Profile last verified Oct 12, 2026. Is this you? Correct or remove this profile.