Directory — Venture Capital
Mairs & Power Ventures
St. Paul-based venture manager; 2 funds on file with the SEC (2023–2025).
Mairs & Power Ventures is a venture manager headquartered in St. Paul, MN. This profile is built from the firm’s own filings with the Securities and Exchange Commission.
Filed vehicles
| Fund | Form D filed | Amount reported sold |
|---|---|---|
| Mairs & Power Ventures Fund II, LP | 2025-11-10 | $32.8M |
| Mairs & Power Ventures Fund I, LP | 2023-09-07 | $19.2M |
Across 2 filed vehicles, $52M in aggregate has been reported as sold on Form D.
What this entry does not establish
A Form D filing tells you that a fund exists, where it is located, what it calls itself, and how much it reported raising. It does not establish check size, sector focus, stage, current assets under management, or whether the fund is still actively deploying. Those fields are left empty here rather than estimated.
The MN tag reflects where the manager is headquartered, not a confirmed investment mandate.
If you are with this firm and want the profile completed or corrected, tell us — we will update it and mark it confirmed.
On the record
Team
| Name | Title |
|---|---|
| John Bergstrom | Executive officer of the Issuer's general partner and investment manager |
| Scott Burns | Executive officer of the Issuer's general partner and investment manager |
| Mark Henneman | Executive officer of the Issuer's general partner and investment manager |
| Robert Mairs | Executive officer of the Issuer's general partner and investment manager |
| Melissa Gilbertson | Executive officer of the Issuer's general partner |
Sources
- SEC Form D — Mairs & Power Ventures Fund II, LP, filed 2025-11-10 — retrieved August 7, 2026
- SEC Form D — Mairs & Power Ventures Fund I, LP, filed 2023-09-07 — retrieved August 7, 2026
- SEC Form ADV — Registered Investment Adviser compilation, edition 09/01/2026 (MAIRS AND POWER INC) — retrieved September 10, 2026
Entry last verified August 7, 2026. Suggest a correction