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Transformation Capital
Transformation Capital is a digital healthcare investor. The firm focuses solely on healthcare and works with founders to help revolutionize the industry.
Transformation Capital
Transformation Capital is a digital healthcare investor. The firm focuses solely on healthcare and works with founders to help revolutionize the industry. Its partners are transforming the landscape of the healthcare industry.
General information
Firm type
Private Equity
Year founded
2016
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Principals
Layla Behrouzian
Nick Briguglio
Raphael Cervantez
Jenna Ciotti
Todd Cozzens
Mike Dixon
Jared Kesselheim
M.D.
Akanksha Mehta
Scott Rosen
Akhi Samant
Vinay Shah
Nicole Bleecker
Robin Borg
Bhooshi de Silva
Robin Mercer
Julie Murchinson
Tanya Wesley
Briana Blake
Kevin Brown
Ashley Kurpinsky
Christine Murphy
Jessica Pellegrini
Karen Saldana
Amy Slizofski
Laurel Smith
Sector focus
Frequently asked questions
Which sectors does Transformation Capital explicitly avoid?
The firm does not invest in early-stage therapeutics, biotech, medical devices, or pre-revenue health-tech startups. Its mandate is confined to companies where technology is applied to operational and financial workflows within healthcare delivery — such as revenue cycle management, care coordination, and provider enablement — rather than drug discovery or hardware.
How does Transformation Capital source proprietary deal flow?
The firm's pipeline is built on founder relationships and thematic research rather than broad auction processes. By targeting companies that have operated profitably for years without institutional capital, Transformation Capital often enters negotiations as the sole institutional lead, structuring terms directly with founder-operators who value an operational partner over the highest nominal bid.
Does Transformation Capital participate in fund commitments or only direct deals?
The firm deploys exclusively through direct investments, taking majority or significant minority equity positions in its portfolio companies. There is no public record of Transformation Capital acting as a fund-of-funds or making LP commitments to other managers — its model is built around board-level engagement in each holding.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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