Mairs & Power Ventures
SelectiveSt Paul, MNData & analytics, Digital health, EducationLast fund filed October 2024
4 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Mairs & Power Ventures Fund II | October 2024 | Indefinite | $33M | 102 |
| Mairs & Power Ventures Fund I | August 2021 | Indefinite | $19M | 58 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
6 partners are named across this firm’s filings, 4 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| John Bergstrom | Selective | Digital health, Education, Enterprise software | 7 | 2 |
| Scott Burns | Slowing | Consumer apps & internet, HR & future of work, Sales & marketing tech | 4 | 1 |
| Elizabeth CavenNot on the current fund | Quiet | Data & analytics | 1 | 0 |
| Mark Henneman | Quiet | None listed | 0 | 0 |
| Melissa GilbertsonNot on the current fund | Quiet | None listed | 0 | 0 |
| Robert Mairs | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Categories of Mairs & Power Ventures’s own portfolio companies, based on 11 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Mairs & Power Ventures’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Brewer Lane Ventures | 1 | Powerlytics |
| General Catalyst | 1 | Powerlytics |
| High Alpha | 1 | Structural |
| KSN | 1 | Powerlytics |
A shared board seat: a company where filings name a Mairs & Power Ventures partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.