Venture capital firm Threshold Ventures announced the closing of two new funds: Threshold IV and Threshold Select. Combined, the new funds have committed capital of more than $450 million to be invested in companies whose founders align with the firm’s vision of transforming the world with innovative solutions.

In a blog post co-written by Threshold Managing Partners Emily Melton and Josh Stein, the co-founders said “We invest a lot of ourselves into the companies we fund. We invest our time, our capital, our expertise, our experience, and our networks. We believe in relationship-driven investing. Our mission is to seek out and support the true agents of change, bold thinkers who are driven to build new businesses with purpose. These new funds give us a new platform to do our work: to help founders do theirs.”

The Gunderson deal team was co-led by Steve Franklin and Jonathan Goodwin and included Laura Wong, Lucas Yeung and Aimee Li.

Companies:
Threshold Ventures