Data integration and migration processes in polystores and multi-model database management systems highly benefit from data and schema transformations. Rigorous modeling of transformations is a complex problem. The data and schema transformation field is scattered with multiple different transformation frameworks, tools, and mappings. These are usually domain-specific and lack solid theoretical foundations. Our first goal is to define category theoretical foundations for relational, graph, and hierarchical data models and instances. Each data instance is represented as a category theoretical mapping called a functor. We formalize data and schema transformations as Kan lifts utilizing the functorial representation for the instances. A Kan lift is a category theoretical construction consisting of two mappings satisfying the certain universal property. In this work, the two mappings correspond to schema transformation and data transformation.