Is there a way to set an email alert for particular event when it reaches a certain threshold?
You can specify the target criteria after submitting the form,
You can use many combinations of profile properties when you're creating a real message.
You can learn more about it here :
One way is using the Report Alert in every Insight saved report.
If you need a custom alert using email, the best way is using Mixpanel APIs. My advice is to build a simple custom mixpanel application using this documentation and running this application once a day using a cron in your local environment.
This way, you can send the alert email from your own server.
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