This new funding accelerates D-Tools' position as the leading provider of business management software for the systems integration market, which the company has been holding for over 25 years. The company confirms that this investment reinforces Greybull's long-term commitment to the electronic systems contractors market and will help fuel D-Tools’ quest to be the industry's leading source for data-driven insights and AI-powered solutions.
Beyond the capital investment, D-Tools will benefit from StellarIQ's proprietary AI technology, which will enhance D-Tools product suites — delivering enhanced functionality, more automated workflows, and intelligent tools designed to help integration firms operate more efficiently and bolster their bottom line. This advanced AI technology will also power expanded growth of D-Tools’ Industry Information & Insights (I3) initiative, providing market intelligence, benchmarking, and analytics that connect the entire systems integration ecosystem — from integrators and buying groups to manufacturers and distributors.
"D-Tools has long served as the backbone for system integrators managing complex projects and businesses," says John Heyman. "Our investment of capital and technology will propel D-Tools even further, creating a connected platform that empowers every employee and unites stakeholders across the industry through advanced analytics and reporting. I’m confident D-Tools will continue to lead and define the future of this space."
"Our continued investment in D-Tools reflects our strong conviction in its mission, leadership, and sustained market opportunity," adds Mason Myers, CEO and founder of Greybull Stewardship, a private investment firm. "As long-term partners, we’re proud to support this next chapter, as D-Tools scales its technology, expands its reach, and further empowers and equips companies across the industry."
"This investment allows us to fully realize our mission — to empower system integrators with purpose-built tools, actionable insights, and AI technologies that simplify complexity and drive growth," explains Randy Stearns, CEO of D-Tools. "With StellarIQ’s strategic involvement and Greybull’s ongoing support, we are accelerating our product roadmap and expanding our vision to serve the entire industry value chain."
StellarIQ was founded by John Heyman and his long-time business partner, Alon Goren. With Heyman as CEO and Goren as Chairman and CTO, the pair led Radiant Systems from start-up to IPO and its eventual sale to NCR Corporation for $1.3 billion in 2011. Heyman and Goren have continued their business partnership for 30 years, investing in and founding a number of tech-enabled companies. As the parent company of AnswerRocket and Max AI, StellarIQ has proprietary generative AI technologies that are already in production with Fortune 500 companies, including AB InBev, Kantar, Suntory Global Spirits, and Cereal Partners Worldwide, helping companies transform themselves and drive better growth and profitability while enhancing service levels.
Headquartered in Northern California, D-Tools also maintains offices in Georgia, the Netherlands, and India. D-Tools currently offers its System Integrator (SI) on-premise software and its cloud-based platform, D-Tools Cloud, helping integrators manage sales, system design, project documentation, procurement, installation, and service management. Today, more than 8,000 companies in over 90 countries rely on D-Tools' software.
Founded in 1998 by Adam Stone, the company pioneered the category of data-driven proposal, system design, and field service management. Initially created to suit the needs of diverse residential custom electronic integrators, and breaking ground as the only software solution driven by an integrated product library, SI's growing capabilities helped expand the company's reach to larger industries including commercial installation and electronic security, higher education, corporate, HVAC, and government. D-Tools Cloud is now a complete end-to-end solution from initial client engagement through field service management.
www.StellarIQ.com
www.d-tools.com
