How Much Did Threshold Raise?
Funding & Key Investors

Threshold, a supportive community in Durham, NC, dedicated to adults living with serious mental illness, has secured $457K in total funding. The organization recently received a major strategic investment, with the exact amount of $107K being a key component of its financial landscape. This recent capital infusion signals a period of significant development and operational scaling for Threshold, which has been a cornerstone of mental health support since 1985.

What is Threshold?

Threshold
Healthcare ServicesMental Health & Rehabilitation FacilitiesNon-Profit & Charitable Organizations

Threshold Clubhouse is a vital community resource in Durham, North Carolina, established in 1985 to serve adults diagnosed with serious mental illness. The organization provides a structured, person-centered environment that fosters opportunities for education, employment, and social engagement. Through its programs, Threshold aims to empower members, promote personal growth, and cultivate a strong sense of belonging. The focus remains on enhancing members' quality of life by facilitating meaningful work and relationships, while also actively participating in mental health advocacy within the broader community.

How much funding has Threshold raised?

Threshold has raised a total of $457K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$107K

Debt (2020): $350K with participation from PPP

Debt (2021): $107K led by PPP

What's next for Threshold?

The recent large-scale late-stage funding positions Threshold for enhanced operational capacity and expanded outreach. This strategic investment is likely to fuel initiatives aimed at broadening program offerings, potentially increasing member capacity, and strengthening community partnerships. As a mature organization, Threshold's focus will likely be on sustainable growth and deepening its impact within the mental health sector, leveraging this capital to solidify its long-term mission and advocacy efforts.

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Frequently Asked Questions Regarding Threshold Financial Insights

What are the most recent funding rounds that Threshold has completed, and what were the funding rounds?
Threshold has recently completed 2 funding rounds: Debt on Mar 30, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Threshold has raised to date?
Threshold has raised a total of $457K in funding to date.
How many funding rounds has Threshold completed?
Threshold has completed 2 funding rounds.
How much funding did Threshold raise in its most recent funding round?
Threshold raised $107K in its most recent funding round.
Who are the lead investors in Threshold's latest funding round?
The lead investor in Threshold's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Threshold's history?
The largest funding round in Threshold's history was $350K.
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