Transform Capital

Transform Capital is a growth equity firm based in San Mateo, California, specializing in late-stage technology companies. Founded by Neil Mehta and Mike Dinsdale, the firm distinguishes itself through its unique philanthropic model, committing to donate 50% of its General Partners' profits to charitable causes chosen by its investors and founders. This innovative approach aligns financial success with social impact, appealing to a new generation of LPs and entrepreneurs who prioritize both returns and purpose.

The firm focuses on investing in "category-defining" technology companies that have demonstrated significant market traction and are poised for substantial growth. Their portfolio includes highly successful and well-known companies such as Databricks, Snowflake, SentinelOne, and HashiCorp, indicating a strong preference for market leaders in various tech sectors. Transform Capital primarily participates in growth equity rounds, providing substantial capital to support these companies through their scaling phases, often prior to or in anticipation of public market debuts.

Transform Capital launched its inaugural fund, Transform Capital Fund I, with a total capital commitment of $500 million in February 2022. This substantial fund size enables the firm to deploy significant capital into its target companies. While specific cheque sizes can vary based on the investment opportunity and round dynamics, their typical first cheques for late-stage growth equity investments generally range from $20 million to $80 million, reflecting their commitment to making meaningful contributions to their portfolio companies' growth trajectories. The firm's strategy combines deep industry expertise with a mission-driven ethos, aiming to generate strong financial returns while fostering positive societal change through its philanthropic contributions.