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    Mairs & Power Venture Capital logo

    Mairs & Power Venture Capital

    Saint Paul, Minnesota, United StatesFounded 2021

    Mairs & Power Venture Capital is the venture capital arm of Mairs & Power, Inc., a Saint Paul, Minnesota-based SEC-registered investment advisor founded in 1931. The firm invests in seed and early-stage, tech-enabled companies across the Upper Midwest, focusing on software, healthcare, fintech, and education.

    Their most common stage is seed (58% of deals). Average disclosed round size is $4.8M (across 12 rounds with reported amounts).

    Find people at Mairs & Power Venture Capital on Goldilocks AI

    Portfolio

    9

    Fund Size

    —

    Top Stage

    Seed

    Last 12 Mo

    1

    Team

    John Bergstrom

    John Bergstrom

    General Partner

    Scott Burns

    Scott Burns

    General Partner

    Elise Riniker

    Elise Riniker

    Senior Associate

    Ryan Meany

    Ryan Meany

    Fund Operations Associate

    Andrew R. Adams

    Andrew R. Adams

    Chief Investment Officer

    Melissa M. Gilbertson

    Melissa M. Gilbertson

    Chief Operating Officer

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    12 investments
    CompanyRoundAmountDate
    HLRBO logoHLRBOUnknown$2.5MJun 2026
    Ladder Health logoLadder HealthSeed$7MJan 2026
    Ladder logoLadderSeed$7MJan 2026
    HLRBO logoHLRBOUnknown$2.5MJan 2026
    Gem Health logoGem HealthSeries A$7MMar 2025
    GGem HealthSeries A$7MJan 2025
    BetterYou logoBetterYouSeries A$6MJan 2023
    LLunrSeed$6MJan 2023
    Ladder logoLadderSeed$2.1MJan 2015
    GGem HealthSeed$5M—
    CCreatively FocusedSeed$3M—
    CCreatively FocusedSeed$3M—

    Top Co-Investors

    Last updated: 7 October 2026