About Transform Capital
Transform Capital is a venture capital firm founded in 2018. It is primarily based out of Menlo Park, United States. As of May 2024, Transform Capital has invested in 27 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Series B round of Bolster Overall, Transform Capital portfolio has seen 4 acquisitions including key companies like Truework, Urgently and Jackpocket. A lot of funds co-invest with Transform Capital, with names like Cypher Capital sharing a substantial percentage of its portfolio. Transform Capital has team of 12 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series B & 2 more
Portfolio Soonicorns
Transform Capital's List of Top Investments
Transform Capital has a portfolio of 27 companies. Their most notable investmentis in ZeroLendTheir portfolio spans across United States, Greece, Israel and 2 more locations. They have invested in Enterprise Applications, FinTech, Consumer and 20 other sectors, across stages such as Seed, Series B and 2 more. Here is the list of top investments by Transform Capital:1. GoFundMe
Online crowdfunding platform for social causes. It allows users to contribute funds for health, memorial, emergency, charities, education, and more societal reasons. Offers tools to track donations, manage teams, and market social causes through social networks. It also allows users to promote campaign on social media.
Key facts about GoFundMe
- Founded Year: 2008
- Location: San Diego (United States)
- Valuation: $*****
- Stage: Series C
- Employee Count: 332 as on Dec 31, 2022
- Investors: TCV, Section Partners and 10 Others
- Latest Funding Round: Series C, Jun 18, 2015, $*****
- Highlight: Editors' Pick
2. HopSkipDrive
Platform offering digital healthcare transportation management tool for kids. It has a ride-sharing service for kids that makes life easier for busy parents by providing cab sharing with their team of vetted drivers. Parents can track the ride in real-time through the app and have multiple methods of contacting the driver at any time. All of the drivers on the platform go through a rigorous, 15-point certification process.
Key facts about HopSkipDrive
3. Hello Heart
Hello Heart offers a wellness program for heart disease and high blood pressure to employers. The company offers clinically-tested mobile therapeutic for heart risk to employees and members. Offers blood pressure tracker and management app for iOS and Android users. Claims to be the first mobile therapeutic clinically-tested app to help manage high blood pressure and related heart risks.
Key facts about Hello Heart
- Founded Year: 2013
- Location: Tel Aviv (Israel)
- Stage: Series D
- Total Funding till date: $137M
- Employee Count: 613 as on Mar 31, 2026
- Investors: IVP, Maven Ventures and 18 Others
- Latest Funding Round: Series D, Apr 15, 2022, $*****
- Highlight: Editors' Pick
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4. YieldStreet
Online investment platform for asset-backed loans and private equity fund focused on art and multiple sectors. It is an online marketplace that enables accredited investors and hedge funds access to asset-backed investment opportunities. It allows investors to participate in opportunities with low market correlation and target yields, across litigation finance, real estate, and other alternative asset classes. It provides valuable diversification and strength to most portfolios including art, commercial, legal, real estate, marine, and more.
Key facts about YieldStreet
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series D
- Total Funding till date: $240M
- Employee Count: 1 - 10 as on Jul 01, 2024
- Investors: Greycroft, Top Tier Capital Partners and 20 Others
- Latest Funding Round: Series D, Jun 02, 2025, $*****
- Highlight: Editors' Pick
5. Truework
Candidate background verification solution. It allows users to automate the verification process and verify information like employment and income. It also conducts background checks during loan applications and home purchases. Clients include Trunk Club, The Motley Fool, InsideSales.com, and more.
Key facts about Truework
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $119M
- Employee Count: 85 as on Mar 31, 2026
- Investors: American Express Ventures, Menlo Ventures and 23 Others
- Latest Funding Round: Series C, Jun 14, 2023, $*****
- Highlight: Acquired
Transform Capital's Year-on-Year Investment Trends
Transform Capital has invested in 27 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Bolster.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 4 | 0 | 4 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 1 | 0 | 1 |
Transform Capital's Investments by Stage
Transform Capital has made 2 investments in Seed stage with an average round size of $3.25M, 2 investments in Series B stage with an average round size of $17M, 2 investments in Series C stage with an average round size of $43.1M and 1 investment in Series D stage with an average round size of $37M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series B | 2 |
Series C | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Transform Capital's Investments by Sector
Transform Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Blockchain - Industry Applications, Consumer, FinTech and Blockchain Technology. Notably, it has invested in 26 Tech companies, 19 Enterprise (B2B) companies, 17 Software companies and at least 12 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Blockchain - Industry Applications | 3 |
Consumer | 3 |
FinTech | 3 |
Blockchain Technology | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
Transform Capital's Investments by Geography
Transform Capital has made most investments in United States (5), followed by Greece where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 5 |
Greece | 1 |
United Arab Emirates | 1 |
Note: We have considered here, only first round of investments
Transform Capital's recent investments
Transform Capital has not made any investment in 2026 so far.Here are the most recent investments by Transform Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 22, 2024 | United States | Series B | 2736 | [+5] | |
Mar 14, 2024 | United States | Series B | 4259 | [+5] | |
Feb 20, 2024 | Greece | Seed | 4021 | [+23] | |
Feb 01, 2024 | United Arab Emirates | Seed | 3597 | [+7] | |
Oct 06, 2023 | United States | Series C | 6378 | [+11] |
Acquired companies in Transform Capital's Portfolio
4 companies from Transform Capital's portfolio have been acquired. The most recent acquisition was Urgently in Mar 2026 by Agero 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 |
|---|---|---|---|---|
Mar 13, 2026 | - | - | 4697 | |
Apr 17, 2025 | - | - | 1809 | |
Feb 16, 2024 | - | - | 1275 | |
Jan 13, 2022 | - | - | 2888 |
Team profile of Transform Capital
Transform Capital has a team of 12 members including 2 Partners and 3 Venture Partners located in United States. Transform Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Transform Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Los Angeles | - | - | |
Partner | San Francisco | - | ||
Venture Partner | San Francisco | - | ||
Venture Partner | Blacksburg | - | - | |
Venture Partner | Santa Barbara | - | - |
Co-investors of Transform Capital
Over the past 5 years, 106 investors have co-invested in Transform Capital's portfolio companies. This includes funds and angels.
- Invested before Transform Capital: New Enterprise Associates, Cervin and 59 others have invested in rounds before Transform Capital. There are 2 companies where New Enterprise Associates has invested before Transform Capital and 2 companies where Cervin has invested before Transform Capital.
- Top Co-investors of Transform Capital: 45 investors entered a company along with Transform Capital. These include investors like Cypher Capital (2 companies).
Recent News related to Transform Capital
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Bolster: Multi-Channel Phishing Protection Company Raises $14 MillionPulse 2.0•Jun 02, 2024•M12, Thomvest Ventures, Crosslink Capital, Liberty Global and 6 others
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Bolster, creator of the CheckPhish phishing tracker, raises $14M led by Microsoft's M12Yahoo•May 22, 2024•Bolster, M12, Thomvest Ventures, Crosslink Capital and 4 others
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USA-based Lily AI raises USD 20 million in Series B-1vcbay.news•Mar 15, 2024•Lily, Conductive Ventures, Counterpart Ventures, Cendana Capital and 4 others
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Lily AI Closes $20M Series B-1 Funding RoundSalesTech Star•Mar 14, 2024•Lily, Conductive Ventures, Counterpart Ventures, Cendana Capital and 4 others
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ZeroLend Raises $3M in Seed Funding, Valued at $25M, Set to Revolutionize DeFi with ZERO TokenCryptopolitan•Feb 21, 2024•ZeroLend, Morningstar Ventures, Blockchain Founders Fund, Newman Capital and 11 others
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ZeroLend Gears Up for Q1 2024 Token Launch: Seed Round Successfully Closed, Private Round Sees SurgeFinSMEs•Feb 20, 2024•ZeroLend, Morningstar Ventures, Banter Capital, Newman Capital and 13 others
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Bitcoin DeFi Protocol Velar Raises $3.5 Million To Build World’s First PerpDEX on BitcoinDeFi•Feb 01, 2024•Velar Group, Bitcoin Startup Lab, CMS Holdings, Black Edge Capital and 11 others
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SafeRide Health Continues Growth in Improving Access to Life-Sustaining Care with Series C FundingBusiness Wire•Oct 05, 2023•Safe Ride Health, Sands Capital, Healthworx, Scan-Group and 9 others
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HopSkipDrive Gets $37M In Series DSocalTECH•Sep 14, 2022•HopSkipDrive, Energy Impact Partners, Keyframe, FirstMark and 2 others
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Paystand banks $50M to make B2B payments cashless and with no feesTechCrunch+•Jul 23, 2021•PayStand, NewView Capital, Open Opportunity Fund, King River and 2 others
