On June 27, St. Louis Park-based Jefferson Capital (Nasdaq: JCAP) went public—the first Minnesota company to complete an initial public offering (IPO) in 2025. Could it presage a return to IPO vigor?

2016

• Tactile Systems

2017

• APi Group
• ASV Holdings
• Calyxt
• Celcuity

2018

• Bridgewater Bancshares
• Ceridian HCM
• Inspire Medical

2019

• None

2020

• Jamf
• Trean Insurance

2021

• Agiliti
• Bright Health
• CVRx
• Fresh Vine Wine
• Life Time
• Miromatrix Medical
• SkyWater Technology
• Sun Country Airlines

2022

• None

2023

• Envoy Medical*
• Foxo Technologies*

*(special purpose acquisition companies)

2024

• Anteris Technologies

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