The Industry
We seek companies in sectors we understand, with compelling demographic trends and national market opportunity.

Growth Equity · Healthcare · Agriculture · Technology
Exit 156 Capital partners with proven management teams scaling innovative companies in healthcare, agriculture, and technology.
Healthcare, Technology, Growth Equity, Non-Controlling, Founders First, Small & Middle Market, National Reach.
Our Approach
A disciplined firm built for founders who care about outcomes over optics.
We seek companies in sectors we understand, with compelling demographic trends and national market opportunity.
We target businesses with defensible market positions, meeting a clear economic need, with a growing and sustainable customer base.
We partner with teams who have a proven track record, a shared work ethic, and a compensation structure that aligns their interests with ours.
Healthcare, Technology, Growth Equity, Non-Controlling, Founders First, Small & Middle Market, National Reach.
About the Firm

$120M+
Capital Deployed
$120M+
Deployed
20+
Years
12+
Partnerships
Exit 156 Capital takes its name from Interstate 94’s Exit 156 in Collegeville, Minnesota, a place that has encouraged generations of young people to strike out in new and exciting directions. That exit is a visual representation of pivotal moments. The companies we back are living theirs.
We are entrepreneurs and operators who became investors. We have built companies, scaled past $120 million in revenue, and run organizations from $50 million to $7 billion. When we sit across from a management team, we have been in that room.
We seek non-controlling investments in companies scaling innovative business models in compelling markets. Our streamlined size and flat operating structure allow us to swiftly evaluate and finalize transactions. No committees, no delays. We specialize in small and middle-market businesses with defensible market positions in healthcare, agriculture, and technology. We align our financial interests with yours and prioritize growth at every stage.
More About the FirmOur Philosophy
We back builders, then we get out of the way. The best thing a partner can do is hand the keys back and help when it matters.
The Ecosystem


Torching myths. Telling truths.
Straight talk on building, investing, and what it actually takes to grow a company. 746,000+ subscribers and growing. No filter. No fluff. No theory, just real.
Learn more

Where Builders Meet Backers.
An annual convening of founders, operators, and investors. Featuring Kevin O'Leary, Josh Linkner, Chris Barton, and the operators building what is next. Regional roots. National stage.
Learn moreOur Team
Operators, founders, and builders. Not analysts.

Managing Partner
20+ years scaling organizations from $50M to $7B. SJU. MIT. Builder.

Founding Partner
Navy SAR Swimmer. Co-Founder and CEO of Mendota Health. Active across 12+ ventures.

Founding Partner
Founded Apex Revenue Technologies. Grew it to $120M. Sold it twice.
Portfolio
From sepsis detection to sustainable agriculture, they are building what comes next.

Vail Scientific is revolutionizing sepsis detection with the VSNO™ analyzer, offering rapid, non-invasive diagnosis to improve outcomes in emergency care.

CLO-CLO Foods is revolutionizing how we think about nutritious, sustainable eating with delicious plant-based ingredients.

Humla Health provides nurses and healthcare facilities direct access to one another to fill shifts without the bloated cost.

Blue Wolf Transformations offers precision body sculpting through innovative awake liposuction designed to deliver natural, permanent fat reduction.

UrgentIQ streamlines urgent care workflows with AI-powered patient engagement and real-time communication tools that improve throughput and patient experience.

Nightware offers FDA-cleared digital therapeutics that reduce PTSD-related nightmares and improve sleep for patients suffering from chronic nightmare disorder.
Latest News

June 18, 2025
Epic's dominance is ending. Rural healthcare is reaching a breaking point. Consolidation is backfiring. Exit 156's take on where health systems are headed.
Read more
May 27, 2025
Exit 156 and the Humla Health partnership covered by Medical Alley. A look at how the firm is transforming healthcare staffing.
Read more
May 13, 2025
New $2.0 million investment to accelerate growth of Humla Health, a tech-enabled nurse staffing platform connecting nurses and facilities.
Read moreWhether you are a founder looking for a growth partner, a deal source with an opportunity, or an investor exploring the fund, we want to hear from you. Our process is direct. Our structure is simple. Our door is open.