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Threshold Management, LLC

Multi-stage venture firmSEC venture capital fund adviser· Palo Alto, Californiathreshold.vc

Threshold VC partners with forward-thinking founders at the intersection of innovation and market transformation, driving success at every step of the journey.

In the firm's own words, from its website.

Reported fund assets
$1.0B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
3
Investment team
7
Latest vintage
2022
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

6 additional team members, 29 additional co-investors and affiliates, 21 additional investments, funds and LPs, 2 events, 9 verified contacts (8 professional url, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 3 companies
    new in 12 months

    3 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 2 deals
    with Emergence Equity Management

    Invests most often alongside Emergence Equity Management (2 shared deals) and Founders Fund (2 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    Profile
  • Managing Member
    Why: Named with investment responsibility
    Profile
  • Managing Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

61 connected entities3 observed rounds

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Threshold Management, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Threshold Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

13 companies on record, 3 new in 12 months

Investments on record

13 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Boxportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Doximityportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website
Livongoportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Firm website

Stated thesis versus observed behaviour

13 observed deals
Stated (the firm’s website)
Sectors
fintech, healthcare
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series b 100%
Stage at first entry
series b 100%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 67%follow-on rate 0%new companies, 12 months 3

Team

9 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Josh Stein · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Emily Melton · Managing Member
    Why this person: Named with investment responsibility
    LinkedIn or profile link on file (firm website), confirmed 2026-10-01, confidence 90%
  • Joshua Stein · Managing Member
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 2 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

9 current, 0 departed

Contacts

1 firm phone, 8 professional url

1 firm phone, 8 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

6 vehicles, 1 LPs disclosed

Funds and vehicles

6 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Threshold Ventures IV, L.P.Fund2022 adv first reportedActive deployment$376M
Mar 30, 2026
53$0
of $350M
Jan 27, 2022
Threshold Ventures Select I, L.P.Growth fund2022 adv first reportedActive deployment$77.6M
Mar 30, 2026
26$0
of $100M
Oct 14, 2021
Threshold Ventures Founders, L.P.Fund2022 form d first saleActive deployment$2.6M
Mar 30, 2026
19$2.6M
of $2.6M
May 4, 2022

Limited partners

1 LPs, 1 disclosed commitments

Known LPs and allocators

11 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Hawaii Employees' Retirement SystemSTATE RETIREMENT SYSTEMThreshold Ventures IV, L.P.$5.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Hawaii Employees' Retirement SystemSTATE RETIREMENT SYSTEMThreshold Ventures III, LP$3.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Los Angeles City Employees' Retirement SystemMUNICIPAL RETIREMENT SYSTEMThreshold Ventures II
amount not disclosed
reported as of Dec 31, 2025Fact Pension disclosure

Relationships across DFX

32 co-investors · on 2 other DFX graphs

Co-investors

32 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 20 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Threshold Management, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Threshold Management, LLC sits on 20 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to VC fund to manager to company

DFX traced 20 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

7 dated events, 66 observations from 4 sources

Timeline

7 dated events
  1. Mar 30, 2026
    Threshold Ventures V, L.P. first reported on Form ADV by Threshold Management, LLC (Venture Capital Fund), GAV $360,156,356
    Fund first reported on Form ADVFundsInferenceThreshold Ventures V, L.P.Form ADV
  2. Apr 22, 2025
    Threshold Management, LLC filed the first Form D for Threshold Ventures V, L.P. (fund 5), its next fund after Threshold Ventures IV, L.P. (vintage 2022); offering $350.0M
    Fund next filedderived signalInferenceThreshold Ventures V, L.P.
  3. Mar 29, 2023
    Threshold Ventures Founders, L.P. first reported on Form ADV by Threshold Management, LLC (Venture Capital Fund), GAV $2,418,631
    Fund first reported on Form ADVFundsFactThreshold Ventures Founders, L.P.Form ADV
  4. Mar 25, 2022
    Threshold Ventures IV, L.P. first reported on Form ADV by Threshold Management, LLC (Venture Capital Fund), GAV $285,814,286
    Fund first reported on Form ADVFundsFactThreshold Ventures IV, L.P.Form ADV
  5. Mar 25, 2022
    Threshold Ventures Select I, L.P. first reported on Form ADV by Threshold Management, LLC (Venture Capital Fund), GAV $68,908,810
    Fund first reported on Form ADVFundsFactThreshold Ventures Select I, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 5 private fundsShow
Headquarters
Palo Alto, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 30, 2026
Private funds reported
5 (5 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.0Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.0B
  2. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $673M

Evidence

67 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserDec 9, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserDec 9, 2024FactForm ADV
First Form ADV filing2019-09-26Mar 30, 2026FactForm ADV
First Form ADV filing2019-09-26Dec 9, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-12-09Dec 9, 2024FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2019-09-26Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Dec 9, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneDec 9, 2024FactForm ADV
Contact page urlOct 1, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 13, 2026Fact
HeadquartersPalo Alto, CAMar 30, 2026FactForm ADV
HeadquartersPalo Alto, CADec 9, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressDec 9, 2024FactForm ADV
Legal formLimited Liability CompanyMar 30, 2026FactForm ADV
Legal formLimited Liability CompanyDec 9, 2024FactForm ADV
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 13, 2026Fact
Private funds reported5Mar 30, 2026FactForm ADV
Private funds reported5Mar 30, 2026FactForm ADV
Private funds reported4Dec 9, 2024FactForm ADV
Private fund gross assets (reported)$1.0BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$1.0BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$673MDec 9, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated sectorsFintech, healthcare
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsFintech, healthcare
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsFintech, healthcare
“sector words on the home page”
Sep 13, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 13, 2026Fact
Venture funds reported5Mar 30, 2026FactForm ADV
Venture funds reported5Mar 30, 2026FactForm ADV
Venture funds reported4Dec 9, 2024FactForm ADV
WebsiteDec 9, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 13, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmed · 3 filing advisers share this firmShow
Importance
51
elevated
Active deployment
11
low
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $1.0B

This firm files as 3 advisers on threshold.vc: Threshold Ventures I Management Company, LLC, Threshold Ventures II Management Company, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.61 · funds: 0.5 · people: 0.32 · investments: 0.41 · co investors: 0.61
active deployment
investments 12m: 0.38 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-04-14
emerging manager
fund count: 6 · reported gav: $1.0B · first adv filing: 2019-09-26 · years since first filing: 7

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Merged in
    2026-09-14
  • Adviser's first ADV filing
    2019-09-26source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.