What stage does Mairs & Power VC invest at?

Mairs & Power VC invests at the Seed, Series A, Series B, Growth stages.

What sectors does Mairs & Power VC focus on?

Mairs & Power VC focuses on Sector Agnostic.

Where is Mairs & Power VC located?

Mairs & Power VC is headquartered in St. Paul, US.

Mairs & Power VC

Venture capital

St. Paul · Seed–Growth · 6 people tracked

Also known as MAIRS AND POWER INC

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Investment thesis

Mairs & Power invests in venture-stage and growth-stage companies with experienced capital partners and operational expertise. The firm leverages its team's combined decades of venture capital experience, successful entrepreneurial track records, and deep community ties in the Twin Cities to support founders through capital deployment and strategic advisory services. The firm is sector-agnostic and focuses on backing companies with strong management teams and significant growth potential.

Invests inSector AgnosticUnited States

Source: firm website, verified Aug 11, 2026.

Stage

Seed–Growth

St. Paul, Minnesota, US

Instruments

Equity

Founded

2021

AUM

$12.1B

Team · 6 people

from the firm's website & public directories

Scott Burns· General Partner· St. Paulin

Scott Burns joined Mairs & Power Private Capital Management in 2023 as General Partner after roughly 25 years leading venture-stage companies. He founded GovDelivery (sold in 2016 to a Vista Equity Partners-led group for $153M) and Structural (acquired by Augeo in 2022), and has invested in startups since 2010. He holds a degree from Dartmouth College and began his career at McKinsey & Company.

s•••@mairsandpower.vcreveal

John Bergstrom· General Partner· St. Paulin

John Bergstrom has spent his career in venture capital and entrepreneurial support, previously a partner at RiverPoint Investments and VP/Investment Officer at Cherry Tree Ventures. He has been involved with 50+ companies as an investor and board member and holds a B.A. from Gustavus Adolphus College and an MBA in Finance from the University of Minnesota.

j•••@mairsandpower.vcreveal

Austin Uline· Principal

Elise· Venture Capital Associate· Twin Citiesin

Elise supports the Mairs & Power venture capital team with due diligence, sourcing, and portfolio support. She joined in 2024, previously served as Managing Partner of Atland Ventures, and interned at Bread and Butter Ventures and Techstars. She graduated from the University of Minnesota's Carlson School of Management.

e•••@mairsandpower.vcreveal

Ryan· Venture Capital Fund Operations Associate· White Bear Lakein

Ryan oversees the financial and operational functions of the firm's venture capital strategy. He joined in 2025, previously working in Transaction Advisory Services at Wipfli LLP and as an Audit Manager at Deloitte & Touche. He holds an accounting degree from Saint John's University and is a CPA.

r•••@mairsandpower.vcreveal

Elise Riniker· Associate· Minneapolis, Minnesota, United Statesin

e•••@mairsandpower.vcreveal

Frequently asked questions

What stage does Mairs & Power VC invest at?: Mairs & Power VC invests at the Seed, Series A, Series B, Growth stages.
What sectors does Mairs & Power VC focus on?: Mairs & Power VC focuses on Sector Agnostic.
Where is Mairs & Power VC located?: Mairs & Power VC is headquartered in St. Paul, US.

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