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Transformation Capital

North America, Massachusetts, United States, Boston

Description

Transformation Capital is a growth equity fund focused on innovative healthcare IT and services companies.

Investor Profile

Transformation Capital has made 53 investments, with 5 in the past 12 months and 47% as lead.

Stage Focus

  • Series C (28%)
  • Series B (23%)
  • Series Unknown (19%)
  • Series D (15%)
  • Seed (4%)
  • Series A (4%)
  • Private Equity (4%)
  • Series G (2%)
  • Series E (2%)

Country Focus

  • United States (100%)

Industry Focus

  • Health Care
  • Medical
  • Artificial Intelligence (Ai)
  • Software
  • Therapeutics
  • Wellness
  • Biotechnology
  • Life Science
  • Mhealth
  • Hospital
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Transformation Capital frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 3
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 7
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 4
Casdin Capital
North America, New York, United States, New York
Co-Investments: 4
Frist Cressey Ventures
North America, Tennessee, United States, Nashville
Co-Investments: 5
Optum Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 4
Common Fund
North America, Connecticut, United States, Wilton
Co-Investments: 5
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 3
HLM Venture Partners
North America, Massachusetts, United States, Boston
Co-Investments: 4
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 4

Which angels does Transformation Capital often collaborate with?

AS
North America, New York, United States, New York
Shared Deals: 1
AP
North America, California, United States, San Francisco
Shared Deals: 1
ZC
North America, California, United States, San Francisco
Shared Deals: 1
PT
North America, California, United States, San Francisco
Shared Deals: 1
NX
North America, California, United States, San Francisco
Shared Deals: 2
Dak Prescott
North America, Louisiana, United States, Sulphur
Shared Deals: 1
AK
North America, New York, United States, New York
Shared Deals: 1
MS
North America, California, United States, San Francisco
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 1
SW
North America, California, United States, Mountain View
Shared Deals: 1

What are some of recent deals done by Transformation Capital?

Rad AI

San Francisco, California, United States

Rad AI develops software that uses AI to automate radiology report writing, aiming to enhance accuracy and reduce radiologist burnout.

Artificial Intelligence (AI)Enterprise SoftwareHealth Care
Series CJan 25, 2025
Amount Raised: $60,000,000
Citizen Health

San Mateo, California, United States

Citizen Health is building an AI-based consumer health platform that leverages data to accelerate care and treatments for rare diseases.

Artificial Intelligence (AI)Big DataConsumer SoftwareInformation TechnologyLife Science
SeedNov 19, 2024
Amount Raised: $14,500,000
TMRW Life Sciences

New York, New York, United States

TMRW Life Sciences provides an integrated platform for automated, software-guided cryospecimen management.

BiotechnologyHealth CareLife ScienceSoftware
Series DJul 12, 2024
Amount Raised: $28,172,940
Amino

San Francisco, California, United States

Amino is a data-driven healthcare guidance platform that helps companies and their employees navigate the complex US healthcare system.

Employee BenefitsFinancial ServicesHealth CareWellness
Series UnknownMay 22, 2024
Amount Raised: $10,000,000
SmarterDx

New York, New York, United States

SmarterDx is a clinical AI company that develops automated pre-bill review tech to help hospitals maintain revenue integrity.

Artificial Intelligence (AI)Health CareHospitalInformation Technology
Series BMay 14, 2024
Amount Raised: $50,000,000
Grow Therapy

New York, New York, United States

Grow Therapy is a provider-centric mental health technology company improving access to high-quality mental healthcare.

Health CareMedicalMental HealthTherapeutics
Series CApr 8, 2024
Amount Raised: $88,000,000
CodaMetrix

Boston, Massachusetts, United States

CodaMetrix is a medical coding platform that utilizes AI to provide solutions for healthcare revenue cycle management.

Artificial Intelligence (AI)Electronic Health Record (EHR)Health CareMedical
Series BMar 12, 2024
Amount Raised: $40,000,000
Arbital Health

Santa Rosa, California, United States

Arbital Health is a healthcare company that offers a third-party adjudication utility to help bolster outcomes-based healthcare contracts.

Health CareMedicalWellness
Series AJan 4, 2024
Amount Raised: $10,000,000
Citizen Health

San Mateo, California, United States

Citizen Health is building an AI-based consumer health platform that leverages data to accelerate care and treatments for rare diseases.

Artificial Intelligence (AI)Big DataConsumer SoftwareInformation TechnologyLife Science
SeedDec 13, 2023
Capital Rx

New York, New York, United States

Capital Rx is a healthtech platform that provides pharmacy benefit management solutions.

Health CareMedicalPharmaceutical
Series DOct 11, 2023
Amount Raised: $50,000,000