# Transform Capital: portfolio, investments and team

> Transform Capital is a private equity based in United States. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/transform-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Transform Capital

No observed cheques in the sources we track. That is a limit of our coverage, not a finding about this organisation.

Email

Private equity Unknown Last fund $8.1M, Jun 2024

Series A Series B Growth Software SaaS Enterprise

Follow Transform Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftransform-capital)

Cheques on record

**No rounds observed yet** A limit of the sources we read, not a finding about the firm.

Pitch Transform Capital

## What they do

> Transform Capital is a late-stage venture capital firm investing in high-growth technology companies. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Series A Series B Growth
- **Sectors:** Software SaaS Enterprise
- **Based in:** San Mateo, United States
- **Cold pitches:** Not stated

## The record

No rounds observed yet. That is a limit of the sources we read, not a finding about the firm. If it has invested, a round will put it here. [Know a round it was in? Tell us](https://millionrounds.com/corrections?slug=transform-capital).

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

JR **Jonathan Robert Ebinger** MANAGING MEMBER OF THE GENERAL PARTNER OF THE APPLICANT i Filing they signed

SK **Spencer Kaye** Executive Officer i Filing they signed

We also hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$28M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Transform Management Company, LLC
- **SEC number:** CRD 318152

## What they claim to have backed

From their own portfolio page (on their website)

**22** of 23 we have independently watched raise

[B2B SaaS](https://millionrounds.com/company/gusto)[B2B SaaS](https://millionrounds.com/company/lily-ai)[B2B SaaS](https://millionrounds.com/company/crafty)[B2B SaaS](https://millionrounds.com/company/gofundme)[CyberSecurity](https://millionrounds.com/company/bolster-ai)[Fairmarkit](https://millionrounds.com/company/fairmarkit)[FinTech](https://millionrounds.com/company/paystand)[FinTech](https://millionrounds.com/company/passport)[Future of Work](https://millionrounds.com/company/zubale)[Future of Work](https://millionrounds.com/company/checkr)[Future of Work](https://millionrounds.com/company/paro)[Future of Work](https://millionrounds.com/company/springboard)[Health Tech](https://millionrounds.com/company/kitman-labs)[Health Tech](https://millionrounds.com/company/talkiatry)[Hello Heart](https://millionrounds.com/company/hello-heart)[Jackpocket](https://millionrounds.com/company/jackpocket)[Property Tech](https://millionrounds.com/company/happyco)[Property Tech](https://millionrounds.com/company/leaselock)[Transportation](https://millionrounds.com/company/saferide-health)[Transportation](https://millionrounds.com/company/urgent-ly)[Transportation](https://millionrounds.com/company/hopskipdrive)[Willow Wealth](https://millionrounds.com/company/yieldstreet) Consumer Tech

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Latest fund on file

**$8.1M**

raised in Jun 2024

From its SEC filing. Nothing newer is on file yet.

**Pitching Transform Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Quick answers about Transform Capital

### What does Transform Capital invest in?

Transform Capital says it invests in Software, SaaS and Enterprise.

### Is Transform Capital investing now?

No investments in the last 12 months.

### What kind of investor is Transform Capital?

Transform Capital is a private equity firm based in San Mateo, United States.

### How much does Transform Capital manage?

About $28M, as gross assets of its private funds (Oct 2026).

### Has Transform Capital raised a new fund?

Its latest fund filing with the SEC was in Jun 2024, reporting $8.1M raised.

### When was Transform Capital founded?

Transform Capital was founded in 2019.

### Where does this information on Transform Capital come from?

From public registers and its own website, checked and rebuilt every night.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=transform-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=transform-capital)