Threshold Ventures

Threshold Ventures is a venture capital firm based in Menlo Park, California. It pursues a high-conviction, early-stage investment strategy and partners with entrepreneurs to build technology-driven companies in consumer, enterprise, and healthcare sectors. The firm provides venture and growth capital to technology companies and has historical ties to the broader Draper Fisher Jurvetson network. Threshold focuses on supporting early-stage ventures across software, consumer, and healthcare technologies, and seeks to back innovative teams aiming to reach market leadership.

Mark Bailey

Co-Founder and Partner

William (Bill) Bryant

General Partner

Chirag Chotalia

Partner

Rob Ciechowski

Associate

Katie Evans

Associate

Past deals in Health Insurance

Transcarent

Series D in 2024
Transcarent is a consumer-directed health and care platform serving employees of self-insured employers and their families. It combines software, technology, health guides, and data science to provide unbiased information, trusted guidance, and access to high-value care. The company connects users with an integrated ecosystem of high-value providers and health services, enabling customers to exercise choice and transparency for addressing a broad range of healthcare challenges.

Vital

Series B in 2023
Vital is a health insurance company that offers innovative financial solutions, including medical credit lines and loans, to help patients manage their healthcare expenses. Additionally, Vital employs AI-powered technology to enhance patient experience, providing real-time information and support throughout their healthcare journey, from emergency room visits to post-discharge care.

Transcarent

Series C in 2022
Transcarent is a consumer-directed health and care platform serving employees of self-insured employers and their families. It combines software, technology, health guides, and data science to provide unbiased information, trusted guidance, and access to high-value care. The company connects users with an integrated ecosystem of high-value providers and health services, enabling customers to exercise choice and transparency for addressing a broad range of healthcare challenges.

Vital

Series A in 2021
Vital is a health insurance company that offers innovative financial solutions, including medical credit lines and loans, to help patients manage their healthcare expenses. Additionally, Vital employs AI-powered technology to enhance patient experience, providing real-time information and support throughout their healthcare journey, from emergency room visits to post-discharge care.

Transcarent

Series B in 2021
Transcarent is a consumer-directed health and care platform serving employees of self-insured employers and their families. It combines software, technology, health guides, and data science to provide unbiased information, trusted guidance, and access to high-value care. The company connects users with an integrated ecosystem of high-value providers and health services, enabling customers to exercise choice and transparency for addressing a broad range of healthcare challenges.

Collective Health

Series F in 2021
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Collective Health

Series E in 2019
Collective Health provides a cloud-based health benefits platform that unifies medical, dental, vision, pharmacy, and related programs into a single administration experience, helping employers simplify benefits, guide employees in understanding and navigating care, and manage costs and outcomes. The platform offers integrated administration of all health plans through one portal, with live concierge support and digital tools to find and manage care, and connects employees with medical, pharmacy, dental, and vision providers. Headquartered in San Francisco with offices in Chicago and Lehi, it aims to reduce the administrative burden of delivering benefits while improving member experience and overall health outcomes.

Vital

Seed Round in 2019
Vital is a health insurance company that offers innovative financial solutions, including medical credit lines and loans, to help patients manage their healthcare expenses. Additionally, Vital employs AI-powered technology to enhance patient experience, providing real-time information and support throughout their healthcare journey, from emergency room visits to post-discharge care.

Xealth

Series A in 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.

Imagen

Series B in 2018
Imagen enables Primary Care providers to become technology-enabled multispecialty practices, powering a successful transition from fee-for-service to value-based care. Its comprehensive platform includes in-office diagnostic testing, diagnostic interpretations powered by proprietary FDA-cleared machine learning software, and virtual specialist consults. Its platform empowers Primary Care providers to achieve healthcare’s quadruple aim of increasing quality, lowering costs, and improving the patient and provider experience.

OODA Health

Series A in 2018
OODA Health, Inc., founded in 2017 and headquartered in San Francisco, California, offers innovative payment administration solutions for the healthcare sector. The company aims to transform healthcare by reducing waste and enhancing the delivery of affordable, high-quality care. OODA Health has developed a cloud-based technology platform that leverages artificial intelligence and real-time data-sharing to streamline payment interactions among service providers, payers, and patients. By eliminating friction and delays in the payment process, the platform enables users to save time and money on administrative tasks, allowing patients to focus on their recovery rather than navigating complex medical billing.

Lumity

Series B in 2017
Lumity, Inc., operating as Lumity Insurance Services, Inc., is a benefits consultant and health insurance brokerage based in San Mateo, California. Founded in 2013, the company specializes in providing a data-driven benefits platform designed for small and medium-sized businesses. Lumity's platform simplifies the decision-making process for health plans by offering a comprehensive dashboard that allows users to control and measure their plan's design. It provides access to various insurance options, including medical, dental, and vision plans from national carriers, while delivering real-time insights and recommendations tailored to the specific needs of each organization. By optimizing healthcare costs and enhancing transparency, Lumity empowers employers to make informed decisions regarding employee benefits.

Xealth

Seed Round in 2017
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.

Imagen

Series A in 2017
Imagen enables Primary Care providers to become technology-enabled multispecialty practices, powering a successful transition from fee-for-service to value-based care. Its comprehensive platform includes in-office diagnostic testing, diagnostic interpretations powered by proprietary FDA-cleared machine learning software, and virtual specialist consults. Its platform empowers Primary Care providers to achieve healthcare’s quadruple aim of increasing quality, lowering costs, and improving the patient and provider experience.

Oration

Series A in 2015
Oration is a healthcare technology company that focuses on simplifying the prescription purchasing process through its innovative management platform. The platform employs predictive analytics to enhance the user experience by factoring in cost and personal preferences, ultimately helping consumers save money that might otherwise be lost in the healthcare system. Over the past year, Oration has analyzed over one billion dollars in healthcare transactions, collaborating with major industry players to address complex challenges within the healthcare landscape. The company aims to create meaningful solutions that directly impact individuals in need, fostering an environment where innovation thrives without unnecessary bureaucracy.

ABILITY Network

Series B in 2004
ABILITY Network Inc. is a healthcare information technology company that focuses on simplifying the administrative and clinical complexities faced by healthcare providers and payers. Founded in 2000 and based in Minneapolis, Minnesota, the company offers a range of services including billing, Medicare claims processing, revenue cycle management, and patient payment solutions. It also provides eligibility verification services and workforce management tools such as scheduling and credentialing. By connecting thousands of hospitals, skilled nursing facilities, and healthcare providers through a secure web-based network, ABILITY Network facilitates millions of transactions daily, earning the trust of both healthcare providers and governmental entities like Medicare. The company serves a diverse clientele, including health systems, clinics, and home health agencies, positioning itself as a vital player in the healthcare technology landscape.

Lumenos

Venture Round in 2003
Lumenos is a healthcare company specializing in providing comprehensive wellness solutions. It offers health accounts such as Health Reimbursement Accounts (HRAs) and Health Savings Accounts (HSAs), along with educational resources and incentives to encourage healthier lifestyles. Lumenos' website features health and financial tools, plus a directory of doctors and hospitals. Additionally, it provides personalized health coaching for individuals managing conditions like asthma, diabetes, or heart disease.

CBCA

Series E in 2002
CBCA is an independently owned, full-service benefit plan administrator focused on providing measurable results for its clients. The organization prioritizes customer satisfaction and strives to make healthcare accessible and affordable. CBCA employs advanced technology to enhance operational efficiency, streamline administrative processes, and deliver personalized service, all while aiming to reduce costs. Their commitment to excellence is reflected in their daily operations and customer interactions.

Lumenos

Series B in 2000
Lumenos is a healthcare company specializing in providing comprehensive wellness solutions. It offers health accounts such as Health Reimbursement Accounts (HRAs) and Health Savings Accounts (HSAs), along with educational resources and incentives to encourage healthier lifestyles. Lumenos' website features health and financial tools, plus a directory of doctors and hospitals. Additionally, it provides personalized health coaching for individuals managing conditions like asthma, diabetes, or heart disease.
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