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About Transform Capital

Transform Capital is a venture capital firm founded in 2017. It is primarily based out of Austin, United States. It primarily invests in United States based startups. Its investments are spread across a wide range of sectors from Blockchain Technology to FinTech and High Tech. Overall, Transform Capital portfolio has seen 2 unicorns, 2 IPOs and 1 acquisition including key companies like Republic, Carta and SpaceX.
Key Metrics
Portfolio Count
Portfolio Locations
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns

Transform Capital's List of Top Investments

Transform Capital has a portfolio of 25 companies, including 2 unicorns. Their most notable investments include Republic and Carta.Their portfolio spans across United States, Belgium, China and 4 more locations. They have invested in Blockchain Technology, FinTech, High Tech and 8 other sectors. Here is the list of top investments by Transform Capital:
Online alternative fundraising platform to invest in startups, real estate, crypto, and video games. It provides a platform where individuals receive equity in return for their investments. Its features include investment-related services in the private markets, which include a retail investment platform, a blockchain advisory service, a private capital division, and more. It also provides fundraising tools, SEC filing, designs campaign pages, marketing, and more. For investors, it offers portfolio management tools to review financials, and valuation, and read reviews from other investors. It is available on the iOS platform.

Key facts about Republic

Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.

Key facts about Carta

  • Founded Year: 2012
  • Location: San Francisco (United States)
  • Valuation: $*****
  • Stage: Series G
  • Total Funding till date: $1.16B
  • Employee Count: 2,081 as on May 31, 2026
  • Investors: Meritech, Silver Lake and 136 Others
  • Latest Funding Round: Series G, Aug 13, 2021, $*****
  • Highlight: Editors' Pick
Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody. The company offers payments, custody, and stablecoin solutions. These solutions enable the integration of blockchain and digital assets. The company aims to provide a simple, secure, and compliant way to modernize financial infrastructure.

Key facts about Ripple

Provider of advanced aerospace and space transportation services. It delivers advanced launch services using reusable rocket systems designed to transport crew and cargo for missions to orbit, the Moon, Mars, and deep space exploration. It also develops and operates large-scale satellite networks that provide high-speed, low-latency internet connectivity across the globe, including remote and underserved regions. It supports human spaceflight programs aimed at expanding long-duration space exploration and increasing access to space for both commercial and governmental missions.

Key facts about SpaceX

Developer of hardware solutions for crypto mining. It provides users with a platform that is based on the application-specific integrated chip miner technology for Bitcoin mining. It also offers cloud solutions, for blockchain and artificial intelligence applications.

Key facts about BITMAIN

Unicorns in Transform Capital's Portfolio

Transform Capital has 2 unicorns in its portfolio - Carta and tZERO. The most recent unicorn in their portfolio is Carta. It became a unicorn in 2019, 7 years before Transform Capital first invested in it.
Here is a list of unicorns in Transform Capital's portfolio:
Tracxn Score
Company
Short Description
Founded year
Sector
Location
Company Stage
First Investment/ Acquisition Details
85
Software-based equity management solutions
2012
San Francisco
Series G
s{oscxm
68
Online platform providing investment and trading solutions for private securities and digital securities
2014
Salt Lake City
Series B
twxdhmo

IPOs and Publicly Listed companies in Transform Capital's Portfolio

2 of Transform Capital's portfolio companies have become public. SpaceX got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996B and Republic got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $330M.
Here are Transform Capital's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Jun 12, 2026
-
-
7766
May 01, 2025
-
-
3476

Acquired companies in Transform Capital's Portfolio

1 company from Transform Capital's portfolio has been acquired. The most recent acquisition was Swarm Networks in Dec 2025 by Inveniam IO for $*****.
Here are Transform Capital's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Dec 09, 2025
-
-
9602

Recent News related to Transform Capital

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FAQs about Transform Capital

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