Transform Capital Management
Impact investorSan Francisco · Seed–Late Stage · 15 people tracked
Also known as TRANSFORM MANAGEMENT COMPANY, LLC
Find your way into Transform Capital Management
2,389 people in our graph share verified history with the Transform Capital Management team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Transform Capital invests in deep tech startups that combine strong social and environmental impact with commercial potential. It backs overlooked and underrepresented founders who can articulate and measure their technology's climate and social impact. The firm targets category leaders leveraging deep tech—such as AI, material science, robotics, complex engineering, and biotech—alongside network effects and a 10x advantage over competitors. It partners with mission-aligned impact investors and builds a cross-sector community to identify and support founders. The goal is to use technology and network effects to address local social and environmental challenges, aiming for both outlier impact and outlier financial returns.
Source: firm website, verified Aug 3, 2026.
Team · 15 people
from the firm's website & public directories
What they invest in
from 16 of 38 portfolio companiesAI & Machine Learning ×9Healthtech ×5SaaS ×5Digital Health ×4Medical Devices ×4Biotech ×3Developer Tools ×3Cleantech ×2
HQs:United States×9Canada×2
Who they back
founder profiles across 9 portfolio companiesFounding team size:solo founder×42 founders×13 founders×14+ founders×3
Where their founders studiedfrom 16 founders with education data
Rice University ×2The University of Texas at Austin ×2
What their founders studiedfrom 16 founders with field-of-study data
Engineering ×9Computer Science ×6Business & Management ×2Physics ×2
Where their founders worked beforefrom 17 founders with career history
NFX ×3Battery Ventures ×2Carnegie Mellon University ×2Cisco ×2
Investments · 38 tracked
founders shown can be your intro pathBy year:2024 · 42023 · 15 dated
Recursion applies computational and data-driven approaches to biological science, aiming to accelerate drug discovery and develop new treatments.
AI & Machine LearningBiotechData & InfrastructureDeep TechMedical DevicesSalt Lake City, US
Chris Gibson(Co-founder, Chairman of the Board)inBlake C. Borgeson(Executive Officer, Director)inDean Y. Yi(Executive Officer, Director)Najat Khan(Chief Executive Officer)in
Co-investorsDCVC (Data Collective)Lux CapitalBaillie GiffordAir Street CapitalAmplify PartnersCatalio Capital Management, LP+14 more
Aixplain provides an enterprise platform for deploying adaptive agentic AI systems that organizations can understand, trust, and fully control.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSector AgnosticSan Jose, US
Hassan Sawaf(Founder & CEO)in
Co-investorsCalibrate VenturesPi CampusTransform VCWa'ed Ventures
Ample builds a modular battery-swapping technology that delivers a full charge to any electric vehicle in under five minutes using lego-like swappable battery modules, without requiring carmakers to redesign their cars.
CleantechEnergyMobility & Transportation
Co-investorsCivilization Ventures Management, LlcJazzya InvestmentsNew Ground VenturesStart CapitalTRIRECXYZ Venture Capital+4 more
Bolster provides construction management software for residential construction, focusing on estimation and digital workflows to modernize how projects are bought, sold, and managed.
Construction TechFintechMarketplacesPropTechSaaSCalgary, CA
Mike Bignold(Founder)in
Co-investorsFUSEY CombinatorCERVIN VENTURESCheyenne VenturesCrosslink CapitalFoundry+5 more
BoostSecurity offers an Application Security Posture Management (ASPM) platform that consolidates SAST, SCA, secrets, and IaC scanning into one engine, connecting at the source-code-management level (GitHub/GitLab) rather than the CI/CD pipeline.
AI & Machine LearningCybersecurityDeveloper Tools
Zaid Al Hamami(Co-founder)inRajiv Sinha(Co-founder)in
Co-investorsGolden VenturesHoxton VenturesAccelia CapitalAmiral VenturesSecurity Leadership CapitalWhite Star Capital
C2FO operates a digital platform that enables businesses to access early payment on invoices and working capital financing.
Enterprise SoftwareFintech
Alexander "Sandy" Kemper(Founder and CEO)in
Co-investorsAllianz XSoftBank Vision FundThird Point VenturesUnion Square Ventures (USV)Temasek
Farmitix builds an AI assistant ("AI Agronomist") trained on agricultural data such as pests, diseases, soil health, and market prices to give farmers practical answers to farm-specific questions.
AgTechAI & Machine LearningSaaS
iSono Health develops an automated ultrasound system combined with artificial intelligence for breast imaging at the point of care, enabling standardized and accessible imaging across different healthcare settings.
AI & Machine LearningDigital HealthFemTechHealthtechMedical DevicesSan Francisco, US
Shadi Saberi(co-founder & cto)inNeda Razavi(CEO & Chairwoman)in
BoardMichael Jin(Director)in
Co-investorsDraper AssociatesFoothill VenturesY Combinator
Juvena Therapeutics develops biologics derived from human secreted proteins to treat aging-related diseases, using AI-enabled drug discovery to identify tissue-restorative therapeutics for muscle and metabolic disorders.
AI & Machine LearningBiotechLongevityMedical DevicesRedwood City, US
Jeremy O'Connell, PhD(Chief Scientific Officer and Co-Founder)Hanadie Yousef, PhD(Executive Advisor and Co-Founder)Jeremy O'Connell(Director)inDr. Hanadie Yousef(Founder)in
BoardBen Hemani(Director)inLaura Lande-Diner(Director)in
Co-investorsAlumni VenturesBascom VenturesBison VenturesCompoundHarmonix FundHorizons Ventures+4 more
Ossia develops and licenses Cota, an RF-based wireless power technology that delivers targeted energy to devices at a distance without pads or contact-based charging, along with receivers, transmitters, and cloud software.
CleantechDeep TechEnergyHardwareIoTRedmond, US
Hatem Zeine(Founder)in
Co-investorsIn-Q-TelKDDI Open Innovation Fund
NEXT Life Sciences is developing Plan A, a non-hormonal, long-lasting, and reversible male birth control method intended as an alternative to vasectomy, condoms, and withdrawal.
BiotechDigital HealthHealthtechMedical Devices
L.R. Fox(Founder & Executive Chairman)Dr. Darlene Walley(Chief Executive Officer)
Co-investorsEverybody VenturesMech VenturesSeaside VenturesHV Capital
Rembrand provides virtual placement technology for advertisers to integrate non-intrusive, contextually relevant ads into content and media, scaling programmatically across digital channels.
AdTechAI & Machine LearningPalo Alto, US
Omar Tawakol(Chief Executive Officer and Chief Financial Officer)inAhmed Saad(Founder)inRishav Jalan(Founder)inSameh Khamis(Founder)inAbdelrahman Mohamed(Founder)
Co-investors2.12 AngelsFPVGood FriendsGreycroftOmega Venture Partnerssuper{set}+2 more
SafeRide Health provides non-emergency medical transportation (NEMT) through a technology platform and a nationwide network of transport and rideshare providers, connecting patients — largely Medicare Advantage and Medicaid members — to healthcare appointments.
Digital HealthHealthtechMobility & Transportation
Robbins Schrader(Chief Executive Officer, Co-Founder)Ben Salter(Chief Product Officer, Co-Founder)inWhit Schrader(VP of Ops Transformation, Co-Founder)in
Co-investorsAmplify.LABonfire VenturesFCA Venture PartnersFresenius Medical Care VenturesHatteras Venture PartnersHDS Capital+5 more
Sigmatic offers a platform that consolidates scattered operational and financial data for provider-owned healthcare facilities, such as ambulatory surgery centers (ASCs), to give a real-time view of operations, costs, and margins.
AI & Machine LearningHealthtechSaaSRound Rock, US
Ehab Gabr(Executive Officer, Director)inJohn Laird(Executive Officer, Director)
NFX is a venture capital firm that builds software products for startup founders, several of which are offered for free.
Developer ToolsSaaS
Brian(Co-founder)Sid(Co-founder & CTO)Pete Flint(Founder)inJames Currier(Founder)inGigi Levy-Weiss(Founder)in
Co-investorsBattery VenturesNFXNorthzoneF.A. Muhsen CapitalGelt VCVeronorte+1 more
Waive (WaiveTheWait) provides an Automated Task Manager that integrates with clinics' EMR systems to handle routine administrative tasks such as booking follow-ups and scheduling preventative care appointments.
AI & Machine LearningDigital HealthHealthtechSaaS
Co-investorsArchangel Network of FundsRipple Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
..\FoundersAtomAvaClaryoCollective HealthColorDeepTrustElite Gaming LIVEEmbarkEye Carrot/BinoviFl!pFlowfiniteeFounder ApplicationRasaReach LabsRigor AiSymulatTONALValleyVectaraVerilian
Exits · 1
1 IPOsRecursion (NASDAQ: RXRX)NASDAQ: RXRX
Portfolio news
latest coverage across their companiesSafeRide Health · trysignalbase.com · Jul 28, 2026
Signal NFX · quantumcomputingreport.com · Jul 18, 2026
Juvena Therapeutics · newmarketpitch.com · Jul 13, 2026
C2Fo · c2fo.com · Jul 2, 2026
Boost Security · securityweek.com · May 12, 2026
iSono Health · finance.yahoo.com · Jan 14, 2026
Frequently asked questions
- How many investments has Transform Capital Management made?
- Transform Capital Management has 38 tracked investments, 1 of which have exited, including 2 dated in the last 24 months.
- What stage does Transform Capital Management invest at?
- Transform Capital Management invests at the Seed, Late Stage stages.
- What sectors does Transform Capital Management focus on?
- Transform Capital Management focuses on AI & Machine Learning, Biotech, Climate Tech, Deep Tech, Impact & Social Good, New Materials, Robotics.
- Where is Transform Capital Management located?
- Transform Capital Management is headquartered in San Francisco, US.
- Who does Transform Capital Management co-invest with?
- Transform Capital Management most often shares deals with Manta Ray Ventures, SoftBank Vision Fund, Compound, among 64 tracked co-investors.
Media · Podcasts & interviews
from their channelCNBC Arabia interview with Raed Masri - January 2026
TRANSFORM VC
Deeptrust
TRANSFORM VC
iSono - early affordable breast cancer detection
TRANSFORM VC
Symulat
TRANSFORM VC
Reach Power Wireless energy
TRANSFORM VC
Vectara RAG as a service
TRANSFORM VC
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