Built by Practitioners

Anthony
Licausi

Founder of Barenberg Capital and architect of DEALITHIC — three products and three services spanning underwriting, capital formation, investor relations, and distribution to a network of 50,000+ funds.

This page is my half of the story. DEALITHIC has two founders — my co-founder D. Rafael Toledano has spent thirty years raising capital across Wall Street, Zurich and Israel, and he is the reason the relationships behind this platform are real rather than theoretical.

10
Age when first line of code was written

Two decades of compounding technical depth — long before AI became a buzzword. Coding is not a tool here. It is the medium the platform was built in.

50+
Combined years in investment banking & capital markets

Anthony since 2006 — LBO underwriting, sell-side advisory, capital raises and deal structuring across the lower and middle market. Rafael for more than three decades, across Wall Street, Zurich and Israel, at Galileo Capital Advisors SA since 2004. Not observed from the outside.

3+3
Products and services across the capital stack

Products: Deal Intelligence, Alphalithic AI, and the Agents API. Services: Raise Capital, the Investor Network, and DEALITHIC IR. One platform across the whole deal lifecycle.

Background

The intersection of
capital markets and code.

I started writing code at age 10. Not as a hobby — as a compulsion. The idea that you could define logic once and have a machine execute it perfectly, at any scale, was the most interesting thing in the world.

That ran parallel to a twenty-year career in investment banking and M&A advisory, beginning in 2006 — LBO underwriting, sell-side mandates, debt advisory, capital raises. The full stack of a deal, executed under real pressure, with real capital at stake.

The friction was visible every day. Not in the judgment calls — those are where the value lives. In the infrastructure that surrounds those calls: the IC memo that takes a week to produce, the cap table that takes three rounds of reconciliation, the investor outreach that happens through spreadsheets and cold emails.

DEALITHIC is the answer to that friction — but not a narrow one. It's not a memo generator. It's not an IR dashboard. It's not a token issuance wizard. It is three products and three services covering underwriting, capital formation, investor relations and distribution — rebuilt from first principles with software-native infrastructure at every layer.

Deal Intelligence underwrites any transaction in minutes, Alphalithic AI reads any public company, and the Agents API exposes both to software rather than people. On the services side, Raise Capital handles Reg D formation end to end, the Investor Network puts the deal in front of 50,000+ funds, and DEALITHIC IR gives public companies the investor relations infrastructure that has been locked behind $20K/month retainers.

If you have spent twenty years in investment banking and even longer writing code, building this was not optional. It was inevitable.

The Other Half

I did not build this
on my own.

Software can produce a flawless offering document and still never reach an investor. The other half of a raise is who picks up the phone — and that half cannot be written.

D. Rafael Toledano has spent more than three decades in investment banking, raising capital and building business development for start-ups and emerging growth companies across networks built on Wall Street, in Zurich and in Israel. He has practised at Galileo Capital Advisors SA since 2004, and he runs live client mandates through this platform today.

That is the difference between a fintech tool and a firm. I build the engine. He has been placing rounds since before most of our competitors existed.

Meet the team →
Why It Matters

Practitioner-built.
Not consultant-designed.

01
The Full Capital Stack
Most platforms solve one problem. DEALITHIC was architected to serve the entire deal lifecycle — from first look to close to investor reporting. The same account that underwrites a deal can issue tokenized equity and manage IR for a public company.
02
Merchant Banking Logic, Not Feature Logic
Every product was built by someone who has actually done the work — underwritten buyouts, structured capital raises, presented to investment committees. The output reflects that. It isn't polished AI theater. It holds up under IC scrutiny.
03
Built for the Market Banks Ignore
Goldman doesn't return your call at $20M. The bulge bracket doesn't structure your Reg D round. DEALITHIC was built specifically for the deal sizes, company profiles, and capital needs that traditional merchant banks choose to ignore.
Career Arc

How we got here.

Age 10

First line of code written

A compulsive early start, long before writing software was a thing people did on purpose in finance.

2006

Entered investment banking

M&A advisory, LBO underwriting, capital markets. Real transactions, real pressure, real capital at stake.

2006–2015

Nine years of deal flow, lower-middle market to growth

Sell-side mandates, buy-side underwriting, debt advisory. Long enough to build a precise mental model of exactly where the infrastructure breaks down.

2015

Founded Barenberg Capital

Boutique merchant banking and advisory — capital raises, M&A, and deal structuring for companies the bulge bracket will not take a meeting with.

2025–2026

Built and shipped DEALITHIC

Started with the deal engine, then Alphalithic AI and the Agents API. Reg D capital formation, the 50,000-fund Investor Network, and DEALITHIC IR followed. Three products and three services, all live.

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