Our Approach
Matt Tucker, CEO, NightWare
The Philosophy
Exit 156 Capital’s investment strategy centers on aligning distinctive, growth-oriented opportunities with exceptional financial acumen and a network of operating partners.
We are entrepreneurs and operators first. That shapes everything. How we evaluate deals, how we engage with management teams, and how we define success. We do not take a passive seat at the table. We never have.
We pursue opportunities where our team can add real value to strong and proven management teams. Not just capital. Conviction. Network. Experience. And a flat structure that lets us move when others are still in committee.
How We Invest
No exceptions.
01
We invest in sectors we know from the inside. Healthcare services, agriculture, devices, and technology. Markets with compelling demographic tailwinds, growing national demand, and room for the right company to build something that lasts.
We do not chase trends. We follow conviction.
02
We look for companies with defensible market positions meeting a clear economic need. A growing, sustainable customer base. A history of strong returns and above-average growth. And a competitive moat that does not depend on luck or timing.
If the business cannot stand on its own, capital will not save it. We only back the ones that can.
03
This is the filter everything else runs through. We partner with teams who have a proven track record, a shared work ethic, and a compensation structure that puts their interests directly alongside ours.
We have been operators. We know what great management looks like from the inside. And we know what it looks like when it is missing.
Beyond Capital
Capital is the entry point. This is what comes with it.
Two decades of building and scaling healthcare companies in the Minneapolis ecosystem, one of the most significant medtech markets in the world. That network is active and it is yours when you partner with us.
Our partners have run P&Ls from $50 million to $7 billion. Built companies to $120 million in revenue. Co-founded businesses across healthcare and technology. We have been in the room you are in right now.
Flat. Decisive. No investment committees. No approval chains. No delays. When we identify an opportunity, we move. Our streamlined structure lets us evaluate and finalize transactions faster than firms twice our size.
We take non-controlling stakes. Your company stays yours. We align our financial interests directly with yours and prioritize growth at every stage. When you win, we win. That is the only structure that makes sense to us.
What We Look For
The Proof
Humla Health is redefining what is possible in healthcare staffing. Their platform removes unnecessary friction and inefficiencies that have long plagued the industry. We believe Humla is building the future of healthcare labor.
Josh Robinson, Managing Partner
On the Humla Health investment
Their innovative approach to rapid sepsis screening is set to be the new standard of care. This investment will significantly enhance patient care.
Josh Robinson, Managing Partner
On the Vail Scientific investment
You see a bit of that Minnesota mindset in it. Thoughtful. Grounded in integrity. Focused on long-term value, not short-term noise.
Josh Robinson, Managing Partner
On the NightWare partnership
If your company fits our thesis and your team is ready to scale, we want to hear from you. Our process is direct. Our door is open.
