What Dicemark Capital does

Dicemark Capital is a Toronto-based boutique investment bank founded in 2012 by Chris M. Diceman, CFA, operating through affiliated legal entities DICEMARK CAPITAL ADVISORS, DICEMARK CAPITAL MARKETS INC., and the French-language DICEMARK MARCHÉS DES CAPITAUX. The firm provides integrated capital advisory and execution services to corporate and investment fund issuers (Issuers) on non-dilutive debt capital raises spanning senior, subordinated, mezzanine, venture, and project debt. Its typical issuer profile spans Early, Emerging, Later and Steady Growth companies that are cashflow scaling with financeable expansion opportunities, including select project-based opportunities across established, emerging, and innovative industries.

The firm has no disclosed proprietary technology platform; its core deliverable is human advisory and execution work, not software. Distribution is direct and relationship-based, with the founder leveraging prior credit analysis experience at DBRS Ltd. (covering 75 global communications and media companies) and institutional asset management experience at State Street Trust Company Canada. The firm also surfaces private investment opportunities to buy-side investors seeking capital-preservation-oriented debt instruments, positioning itself as an independent intermediary serving both sides of private debt transactions.

The business model is professional services: fee-based advisory and execution revenue from episodic capital-raising mandates, with pricing negotiated per engagement rather than publicly disclosed. There are no external investors, no parent company, no subsidiaries, and no disclosed funding rounds. Marketing is limited to a corporate website and LinkedIn presence. The firm is a small, founder-operated entity whose strategic significance lies in its independence and the founder's specialized credit background rather than scale, technology differentiation, or institutional backing.

Name

Dicemark Capital

Legal name

DICEMARK CAPITAL

Website

https://dicemark.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Dicemark Capital is a Toronto-based boutique investment bank that advises corporate and investment fund issuers on non-dilutive debt capital raises (senior, mezzanine, venture, and project debt) while providing private investment opportunities to buy-side investors. The firm is founder-led by Chris M. Diceman, CFA.

Ownership category

akta.pro rank

Product category

Investment Banking & Capital Advisory

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industry

Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)

Keywords

• Capital advisory services
• Debt capital raises
• Boutique investment banking
• Mezzanine debt financing
• Private investment opportunities

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Capital Advisory Fees: Advisory and execution fees from assisting corporate and investment fund issuers with capital raises. Services include non-dilutive debt capital advisory covering senior, subordinated, mezzanine, venture, and project debt.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Dicemark Capital is a Toronto-based boutique investment bank that provides capital advisory and execution services to corporate issuers and investment fund issuers. The firm specializes in arranging non-dilutive debt capital raises, including senior, subordinated, mezzanine, venture, and project debt, and curates private investment opportunities that connect these issuers with investors looking to deploy capital.

Product overview

DICEMARK CAPITAL is a boutique investment bank offering integrated capital advisory and execution services to corporate and investment fund issuers (Issuers) while providing private investment opportunities for investors. The firm specializes in assisting Issuers with non-dilutive debt capital raises including senior, subordinated, mezzanine, venture, and project debt. The company serves Early, Emerging, Later and Steady Growth companies that are cashflow scaling with high growth rates and financeable expansion opportunities.

Differentiator

Problem solved

Functional benefit

Products and services

• Capital Advisory and Execution Services End-to-end advisory and execution services for corporate issuers and investment fund issuers arranging non-dilutive debt capital, covering senior, subordinated, mezzanine, venture, and project debt. The service is designed for issuers seeking financing without diluting ownership.
• Private Investment Opportunities Curated private investment offerings that connect qualified investors with the corporate and investment-fund issuers Dicemark advises, enabling investors to participate in the non-dilutive debt deals the firm structures.

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights4 records

Direct peers

• Paradigm Capital: Canadian boutique investment dealer focused on growth and resource companies with capital markets and advisory capabilities. Comparable in geography, boutique scale, and growth-issuer emphasis.
• Acumen Capital Finance Partners: Canadian boutique advisory firm focused on corporate finance and capital raising for growth companies. Comparable in mandate, geography, and client profile.
• Eight Capital: Toronto-based boutique investment bank providing advisory and capital markets services to Canadian growth companies. Closely comparable in business model and mid-market focus.
• INFOR Financial Group: Toronto-based independent investment bank focused on mid-market M&A and capital raising. Operates with a similar boutique, relationship-driven model targeting growth and mid-market issuers.
• Echelon Capital Markets: Canadian boutique investment bank advising growth and mid-market companies on capital raises and M&A. Closely comparable as a Toronto-based independent advisory firm serving similar growth-stage debt and equity issuers.
• Versant Partners: Toronto-based boutique advisory firm supporting mid-market and growth companies with capital raising and M&A. Comparable boutique, independent, growth-stage focus.
• Haywood Securities: Independent Canadian investment dealer with capital markets and advisory coverage across growth industries. Comparable boutique, Canadian, and mid-market orientation.
• PI Financial: Canadian boutique investment dealer with capital markets, advisory, and equity research services. Closely comparable as a domestic boutique serving growth-stage and mid-market issuers.
• Cormark Securities: Toronto-based boutique investment bank specializing in Canadian mid-market equity and debt advisory. Comparable as another independent Canadian boutique focused on growth and mid-market issuers.

Broad incumbents

• Canaccord Genuity: Canadian-headquartered investment bank with capital markets and advisory practices across equities and debt. It is a broader incumbent in the same capital advisory category with deeper resources but operates at a different scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks4 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/dicemark-capital-advisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dicemark Capital