Threshold Ventures

Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Balena is a technology company that provides a complete set of tools and infrastructure for building, deploying, and managing fleets of connected IoT devices. Its platform enables fleet owners to develop applications, deploy firmware using Linux containers and open technologies, provision devices, collect logs, and perform cross-compilation, while supporting any Linux-supported language, library, and API on embedded products. Devices and their services can be managed, monitored, and updated through a web dashboard, API, CLI, or SDK. The platform is used across industries such as connected homes, manufacturing, logistics, marketing, and retail. Balena was established in 2013 and is headquartered in Seattle, with additional offices in Greece and the United Kingdom.

Outreach is a sales engagement platform that helps organizations manage and optimize interactions across email, voice, and social channels throughout the customer lifecycle. The platform uses machine learning to guide sales representatives to take the right actions, automate repetitive tasks, and personalize communications while tracking sales activity and performance. It supports account-based, outbound, and inbound sales, as well as sequence and task management, email and activity tracking, and insights that analyze buyer sentiment to optimize content and sequences in real time. By integrating automated alerts, collaboration features, and performance analytics, Outreach aims to increase the volume of qualified meetings and improve the efficiency and effectiveness of customer-facing teams.

Xealth is a digital health technology company that provides a platform enabling clinicians to integrate, prescribe, and monitor digital health tools within electronic health record workflows. The Xealth platform helps care teams select appropriate digital health tools and programs, deliver orders to patients via email or patient portal, and track patient engagement and utilization, at both individual and system levels. The platform supports patient education and connects with online third-party apps and programs, device monitoring, and non-clinical services such as ride-sharing, food delivery, and e-commerce recommendations. Founded in 2016 and based in Seattle, Xealth focuses on scaling healthcare workflows by automating the prescription and monitoring of digital health tools to improve engagement and outcomes.

Loftium Inc, founded in 2016 and based in Seattle, Washington, is a technology startup that provides innovative mortgage financing solutions for homeowners. The company offers down payment assistance in exchange for a share of the income generated from renting out a spare room through Airbnb for a period of 12 to 36 months. By identifying homes with potential short-term rental spaces, Loftium enables clients to receive up to 50% discounted rent while managing the Airbnb listings. The startup furnishes these rental units and pays landlords market rent through long-term leases, retaining the excess income from short-term rentals as profit. Loftium aims to create affordable housing options in high-cost urban areas, helping families achieve a better lifestyle through its unique business model.

Zymergen, Inc. is a biotechnology company that focuses on researching, developing, and manufacturing microbes for various industries, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Founded in 2013 and headquartered in Emeryville, California, Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the efficiency of microbial strain optimization and production processes. This technology enables the company to improve existing manufacturing strains and facilitates the development of new products by engineering novel molecules from microbes. With additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan, Zymergen aims to partner with nature to create innovative materials and products that deliver significant value across multiple sectors.

Divvy Homes is a San Francisco-based tech-enabled real estate platform that enables rent-to-own paths to homeownership. Founded in 2017, the company identifies homes on the market, purchases them for the renter, and leases the property, allowing renters to build monthly savings toward ownership; it operates and leases homes in San Francisco, Atlanta, Cleveland, and Seattle. Renters can buy the home when ready or walk away and cash out their savings.

Balena is a technology company that provides a complete set of tools and infrastructure for building, deploying, and managing fleets of connected IoT devices. Its platform enables fleet owners to develop applications, deploy firmware using Linux containers and open technologies, provision devices, collect logs, and perform cross-compilation, while supporting any Linux-supported language, library, and API on embedded products. Devices and their services can be managed, monitored, and updated through a web dashboard, API, CLI, or SDK. The platform is used across industries such as connected homes, manufacturing, logistics, marketing, and retail. Balena was established in 2013 and is headquartered in Seattle, with additional offices in Greece and the United Kingdom.

Outreach is a sales engagement platform that helps organizations manage and optimize interactions across email, voice, and social channels throughout the customer lifecycle. The platform uses machine learning to guide sales representatives to take the right actions, automate repetitive tasks, and personalize communications while tracking sales activity and performance. It supports account-based, outbound, and inbound sales, as well as sequence and task management, email and activity tracking, and insights that analyze buyer sentiment to optimize content and sequences in real time. By integrating automated alerts, collaboration features, and performance analytics, Outreach aims to increase the volume of qualified meetings and improve the efficiency and effectiveness of customer-facing teams.

Divvy Homes is a San Francisco-based tech-enabled real estate platform that enables rent-to-own paths to homeownership. Founded in 2017, the company identifies homes on the market, purchases them for the renter, and leases the property, allowing renters to build monthly savings toward ownership; it operates and leases homes in San Francisco, Atlanta, Cleveland, and Seattle. Renters can buy the home when ready or walk away and cash out their savings.

Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Mapbox Inc. operates a robust mapping platform that creates and publishes custom maps for mobile and web applications. Founded in 2010 and based in Washington, D.C., the company provides essential infrastructure for businesses across various industries, including logistics, real estate, insurance, and transportation. Mapbox offers a suite of products, including APIs for directions and geocoding, mobile SDKs, and advanced data services that enable enterprises to analyze data, visualize properties, and enhance navigation. With over 4 million registered developers and a significant share of Fortune 500 companies utilizing its services, Mapbox stands out for its flexibility, security, and compliance with privacy standards. The platform is designed to empower location-aware applications, offering tools that support real-time map updates, routing engines, and traffic-aware travel times, thereby facilitating engaging navigation experiences across diverse sectors.

Loftium Inc, founded in 2016 and based in Seattle, Washington, is a technology startup that provides innovative mortgage financing solutions for homeowners. The company offers down payment assistance in exchange for a share of the income generated from renting out a spare room through Airbnb for a period of 12 to 36 months. By identifying homes with potential short-term rental spaces, Loftium enables clients to receive up to 50% discounted rent while managing the Airbnb listings. The startup furnishes these rental units and pays landlords market rent through long-term leases, retaining the excess income from short-term rentals as profit. Loftium aims to create affordable housing options in high-cost urban areas, helping families achieve a better lifestyle through its unique business model.

Azuqua, Inc. is a Seattle-based company that develops a digital automation platform designed to integrate various software as a service (SaaS) applications. Founded in 2010, Azuqua's platform allows users to automate repetitive tasks and enhance productivity through a visual drag-and-drop interface, eliminating the need for coding skills. It provides a robust library of logic functions, comprehensive connectors, and tools for data manipulation, enabling businesses to streamline workflows across departments. Azuqua's solutions address critical business processes in areas such as customer experience, sales, human resources, and marketing. By connecting disparate applications and facilitating seamless data flow, Azuqua empowers organizations to improve employee and customer experiences while redefining productivity. The company operates as a subsidiary of Okta, Inc. as of March 2019.

Xealth is a digital health technology company that provides a platform enabling clinicians to integrate, prescribe, and monitor digital health tools within electronic health record workflows. The Xealth platform helps care teams select appropriate digital health tools and programs, deliver orders to patients via email or patient portal, and track patient engagement and utilization, at both individual and system levels. The platform supports patient education and connects with online third-party apps and programs, device monitoring, and non-clinical services such as ride-sharing, food delivery, and e-commerce recommendations. Founded in 2016 and based in Seattle, Xealth focuses on scaling healthcare workflows by automating the prescription and monitoring of digital health tools to improve engagement and outcomes.

Outreach is a sales engagement platform that helps organizations manage and optimize interactions across email, voice, and social channels throughout the customer lifecycle. The platform uses machine learning to guide sales representatives to take the right actions, automate repetitive tasks, and personalize communications while tracking sales activity and performance. It supports account-based, outbound, and inbound sales, as well as sequence and task management, email and activity tracking, and insights that analyze buyer sentiment to optimize content and sequences in real time. By integrating automated alerts, collaboration features, and performance analytics, Outreach aims to increase the volume of qualified meetings and improve the efficiency and effectiveness of customer-facing teams.

Loftium Inc, founded in 2016 and based in Seattle, Washington, is a technology startup that provides innovative mortgage financing solutions for homeowners. The company offers down payment assistance in exchange for a share of the income generated from renting out a spare room through Airbnb for a period of 12 to 36 months. By identifying homes with potential short-term rental spaces, Loftium enables clients to receive up to 50% discounted rent while managing the Airbnb listings. The startup furnishes these rental units and pays landlords market rent through long-term leases, retaining the excess income from short-term rentals as profit. Loftium aims to create affordable housing options in high-cost urban areas, helping families achieve a better lifestyle through its unique business model.

Zymergen, Inc. is a biotechnology company that focuses on researching, developing, and manufacturing microbes for various industries, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Founded in 2013 and headquartered in Emeryville, California, Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the efficiency of microbial strain optimization and production processes. This technology enables the company to improve existing manufacturing strains and facilitates the development of new products by engineering novel molecules from microbes. With additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan, Zymergen aims to partner with nature to create innovative materials and products that deliver significant value across multiple sectors.

Balena is a technology company that provides a complete set of tools and infrastructure for building, deploying, and managing fleets of connected IoT devices. Its platform enables fleet owners to develop applications, deploy firmware using Linux containers and open technologies, provision devices, collect logs, and perform cross-compilation, while supporting any Linux-supported language, library, and API on embedded products. Devices and their services can be managed, monitored, and updated through a web dashboard, API, CLI, or SDK. The platform is used across industries such as connected homes, manufacturing, logistics, marketing, and retail. Balena was established in 2013 and is headquartered in Seattle, with additional offices in Greece and the United Kingdom.

Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Mapbox Inc. operates a robust mapping platform that creates and publishes custom maps for mobile and web applications. Founded in 2010 and based in Washington, D.C., the company provides essential infrastructure for businesses across various industries, including logistics, real estate, insurance, and transportation. Mapbox offers a suite of products, including APIs for directions and geocoding, mobile SDKs, and advanced data services that enable enterprises to analyze data, visualize properties, and enhance navigation. With over 4 million registered developers and a significant share of Fortune 500 companies utilizing its services, Mapbox stands out for its flexibility, security, and compliance with privacy standards. The platform is designed to empower location-aware applications, offering tools that support real-time map updates, routing engines, and traffic-aware travel times, thereby facilitating engaging navigation experiences across diverse sectors.

Zymergen, Inc. is a biotechnology company that focuses on researching, developing, and manufacturing microbes for various industries, including agriculture, chemicals, materials, pharmaceuticals, electronics, and personal care. Founded in 2013 and headquartered in Emeryville, California, Zymergen employs a platform that integrates automation, machine learning, and genomics to enhance the efficiency of microbial strain optimization and production processes. This technology enables the company to improve existing manufacturing strains and facilitates the development of new products by engineering novel molecules from microbes. With additional offices in Boise, Idaho; Medford, Massachusetts; Seattle, Washington; and Tokyo, Japan, Zymergen aims to partner with nature to create innovative materials and products that deliver significant value across multiple sectors.

Balena is a technology company that provides a complete set of tools and infrastructure for building, deploying, and managing fleets of connected IoT devices. Its platform enables fleet owners to develop applications, deploy firmware using Linux containers and open technologies, provision devices, collect logs, and perform cross-compilation, while supporting any Linux-supported language, library, and API on embedded products. Devices and their services can be managed, monitored, and updated through a web dashboard, API, CLI, or SDK. The platform is used across industries such as connected homes, manufacturing, logistics, marketing, and retail. Balena was established in 2013 and is headquartered in Seattle, with additional offices in Greece and the United Kingdom.

Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

NanoString Technologies provides life science tools for translational research and molecular diagnostics. It offers the nCounter Analysis System, featuring automated liquid handling and digital detection, along with customizable assays and software for data analysis. The company also develops spatial genomics systems like GeoMx DSP and Hyb & Seq. Its products enable various applications in basic research, translational medicine, and diagnostics.

Varolii is a leading provider of on-demand communication software that specializes in proactive outbound communications. The company offers software and services designed to automate personalized communications, enabling organizations to effectively engage with their customers and employees. Varolii's solutions facilitate the delivery of critical messages, such as flight cancellation notices, fraud detection alerts, and prescription pick-up reminders, thereby helping clients reduce operational costs and enhance contact center efficiency. With over 380 clients, including major banks, airlines, wireless carriers, utilities, and healthcare organizations, Varolii handles approximately 4 million communications daily. The company is headquartered in Seattle and maintains additional offices in the Boston and Denver metropolitan areas. In October 2013, Varolii was acquired by Nuance Communications.

Spiral Genetics, Inc. is a genomic bioinformatics company based in Seattle, Washington, specializing in the development of advanced software for analyzing next-generation sequencing (NGS) data. Founded in 2009, the company focuses on detecting genomic structural variants and offers tools designed for medical, pharmaceutical, and agricultural research. Its flagship product, the BioGraph Suite, is an indexed graph-based suite that facilitates genomic data management and discovery. The company also provides the Anchored Assembly technology, which enables accurate detection of single nucleotide polymorphisms (SNPs), insertions, deletions, and structural variants, while minimizing computational complexity and false positive rates. This technology leverages a read overlap assembly approach to analyze high-coverage whole genome data, making it suitable for large-scale population studies. Spiral Genetics' tools are available through cloud and cluster deployments, enhancing accessibility for researchers. As of early 2017, Spiral Genetics operates as a subsidiary of Omicia, Inc.

NanoString Technologies provides life science tools for translational research and molecular diagnostics. It offers the nCounter Analysis System, featuring automated liquid handling and digital detection, along with customizable assays and software for data analysis. The company also develops spatial genomics systems like GeoMx DSP and Hyb & Seq. Its products enable various applications in basic research, translational medicine, and diagnostics.

NanoString Technologies provides life science tools for translational research and molecular diagnostics. It offers the nCounter Analysis System, featuring automated liquid handling and digital detection, along with customizable assays and software for data analysis. The company also develops spatial genomics systems like GeoMx DSP and Hyb & Seq. Its products enable various applications in basic research, translational medicine, and diagnostics.

Varolii is a leading provider of on-demand communication software that specializes in proactive outbound communications. The company offers software and services designed to automate personalized communications, enabling organizations to effectively engage with their customers and employees. Varolii's solutions facilitate the delivery of critical messages, such as flight cancellation notices, fraud detection alerts, and prescription pick-up reminders, thereby helping clients reduce operational costs and enhance contact center efficiency. With over 380 clients, including major banks, airlines, wireless carriers, utilities, and healthcare organizations, Varolii handles approximately 4 million communications daily. The company is headquartered in Seattle and maintains additional offices in the Boston and Denver metropolitan areas. In October 2013, Varolii was acquired by Nuance Communications.

Alert Logic is a cybersecurity company that provides Security-as-a-Service for on-premises, cloud and hybrid infrastructures. It delivers managed protection and security analytics through a scalable platform that stores vast data, analyzes events, and detects tens of thousands of security incidents each month, supported by a 24/7 Security Operations Center. The company offers a suite of cloud and on-premises products, including Threat Manager (intrusion detection), Log Manager (log management and SIEM), Web Security Manager (web application firewall), and vulnerability scanning, as well as AWS Cloud Security for intrusion detection on AWS. It also provides managed services such as ActiveWatch and LogReview. Founded in 2002 and headquartered in Houston, Alert Logic serves thousands of organizations globally and partners with leading cloud platforms and hosting providers to protect diverse IT environments.

AdXpose is the leader in digital advertising analytics solutions. The company's SaaS technology provides advertisers and publishers with greater transparency and confidence in the quality, safety, and performance of their digital advertising campaigns. The actionable optimization metrics captured by AdXpose solutions help its customers realize increased ROI, more profitable margins, and measurable ad effectiveness. AdXpose is headquartered in Seattle, WA, with offices in New York City, and is backed by Draper Fischer Jurvetson and Ignition Partners

Z2 is a mobile-first game developer and publisher based in Seattle, Washington, specializing in free-to-play multiplayer and social gaming experiences. Established in 2009 by Damon Danieli, David Bluhm, and Lou Fasulo, the company focuses on creating engaging games that foster real-time competition and collaboration among players using iPhones and iPads. Z2 is known for its innovative community features, which include in-game email, text and voice chat, achievements, and integration with social media platforms. One of its standout titles, Trade Nations, has become a prominent city-building game with a vast community, recording over 500 million sessions since its launch. Another notable game, MetalStorm, quickly ascended to top rankings and revenue shortly after its release. Z2 has developed several top-grossing titles and was acquired by King in 2015, becoming part of Activision Blizzard. Its technology resources and studios continue to enhance the mobile gaming landscape with cutting-edge features that support both casual and traditional gaming formats.

AdXpose is the leader in digital advertising analytics solutions. The company's SaaS technology provides advertisers and publishers with greater transparency and confidence in the quality, safety, and performance of their digital advertising campaigns. The actionable optimization metrics captured by AdXpose solutions help its customers realize increased ROI, more profitable margins, and measurable ad effectiveness. AdXpose is headquartered in Seattle, WA, with offices in New York City, and is backed by Draper Fischer Jurvetson and Ignition Partners

NanoString Technologies provides life science tools for translational research and molecular diagnostics. It offers the nCounter Analysis System, featuring automated liquid handling and digital detection, along with customizable assays and software for data analysis. The company also develops spatial genomics systems like GeoMx DSP and Hyb & Seq. Its products enable various applications in basic research, translational medicine, and diagnostics.

MFORMA is a leading global publisher and distributor of mobile entertainment. MFORMA provides wireless operators and their customers with the world's best content and brands, and provides developers and brand owners with the shortest route to market. MFORMA's customers include more than 100 of the world's leading wireless carriers. In addition to the industry's most comprehensive catalog of BREW, Java, SMS, MMS, and WAP games, MFORMA also provides sports, lifestyle, and information services subscription products. MFORMA's carrier-grade platform manages the delivery of downloadable games and applications for some of the world's largest carriers. MFORMA is a U.S. corporation with offices in San Francisco (headquarters), San Diego, and Los Angeles, California; Bellevue, Washington; London and Manchester, England; Shanghai and Beijing, China; and Seoul, Korea.

MFORMA is a leading global publisher and distributor of mobile entertainment. MFORMA provides wireless operators and their customers with the world's best content and brands, and provides developers and brand owners with the shortest route to market. MFORMA's customers include more than 100 of the world's leading wireless carriers. In addition to the industry's most comprehensive catalog of BREW, Java, SMS, MMS, and WAP games, MFORMA also provides sports, lifestyle, and information services subscription products. MFORMA's carrier-grade platform manages the delivery of downloadable games and applications for some of the world's largest carriers. MFORMA is a U.S. corporation with offices in San Francisco (headquarters), San Diego, and Los Angeles, California; Bellevue, Washington; London and Manchester, England; Shanghai and Beijing, China; and Seoul, Korea.

Alert Logic is a cybersecurity company that provides Security-as-a-Service for on-premises, cloud and hybrid infrastructures. It delivers managed protection and security analytics through a scalable platform that stores vast data, analyzes events, and detects tens of thousands of security incidents each month, supported by a 24/7 Security Operations Center. The company offers a suite of cloud and on-premises products, including Threat Manager (intrusion detection), Log Manager (log management and SIEM), Web Security Manager (web application firewall), and vulnerability scanning, as well as AWS Cloud Security for intrusion detection on AWS. It also provides managed services such as ActiveWatch and LogReview. Founded in 2002 and headquartered in Houston, Alert Logic serves thousands of organizations globally and partners with leading cloud platforms and hosting providers to protect diverse IT environments.

NanoString Technologies provides life science tools for translational research and molecular diagnostics. It offers the nCounter Analysis System, featuring automated liquid handling and digital detection, along with customizable assays and software for data analysis. The company also develops spatial genomics systems like GeoMx DSP and Hyb & Seq. Its products enable various applications in basic research, translational medicine, and diagnostics.

MFORMA is a leading global publisher and distributor of mobile entertainment. MFORMA provides wireless operators and their customers with the world's best content and brands, and provides developers and brand owners with the shortest route to market. MFORMA's customers include more than 100 of the world's leading wireless carriers. In addition to the industry's most comprehensive catalog of BREW, Java, SMS, MMS, and WAP games, MFORMA also provides sports, lifestyle, and information services subscription products. MFORMA's carrier-grade platform manages the delivery of downloadable games and applications for some of the world's largest carriers. MFORMA is a U.S. corporation with offices in San Francisco (headquarters), San Diego, and Los Angeles, California; Bellevue, Washington; London and Manchester, England; Shanghai and Beijing, China; and Seoul, Korea.