Mairs & Power Venture Capital is a St. Paul-based venture capital firm backing venture-stage companies in the Upper Midwest and broader United States. It invests at seed and early stages across SaaS, business services, HealthTech, FinTech, Education, marketplaces, marketing/data, analytics and HR tech. The firm has acted as a lead investor and co-investor, with typical initial investments averaging $1 million per company and potential follow-on commitments up to about double the initial investment.