D-Tools Strengthens its Position with AI Investment from StellarIQ
Investment of $12 million in Series C round for D-Tools, managed by ex-CEO of SnapOne
In a significant move, D-Tools, a prominent provider of business management software for the systems integration market, has secured a $12 million Series C investment led by StellarIQ. Greybull Stewardship continues to support D-Tools in its strategic plan to become the industry's essential end-to-end software solution for electronic systems contractors.
Key Objectives
- Enhanced Product Offerings: The funding will enable D-Tools to improve its product suite by incorporating AI-powered solutions. This will boost workflow automation and provide data-driven insights, helping integration firms operate more efficiently and strengthen their financial performance.
- Expanded Industry Information & Insights (I3) Initiative: The AI technology from StellarIQ will power the growth of D-Tools' I3 initiative. This initiative offers market intelligence, benchmarking, and analytics, connecting the entire systems integration ecosystem from integrators and buying groups to manufacturers and distributors.
- Firm Market Position: The investment aims to solidify D-Tools' position as the go-to platform for electronic systems contractors by enhancing its capabilities with AI-driven tools, creating a connected platform across the industry.
StellarIQ's AI Technology Contribution
StellarIQ's proprietary AI technology will play a pivotal role in D-Tools' future strategy by:
- Improved Functionality: The AI will introduce more automated workflows and intelligent tools, helping integration firms streamline their operations.
- Advanced Analytics: StellarIQ's AI will power advanced analytics and reporting, empowering stakeholders across the industry and uniting them through data-driven insights.
- Accelerated Growth: The AI integration will accelerate D-Tools' growth by providing actionable insights and simplifying complexity for system integrators.
Founded by technology executive and investor John Heyman and Alon Goren, StellarIQ's AI technology has already demonstrated success with Fortune 500 companies like AB InBev, Kantar, Suntory Global Spirits, and Cereal Partners Worldwide. StellarIQ is the parent company of AnswerRocket and Max AI.
John Heyman is optimistic about D-Tools' future, expressing confidence that the company will continue to lead and define the future of the industry. Greybull Stewardship remains D-Tools' majority investor. The new investment supports D-Tools' mission to become the end-to-end software solution for electronic systems contractors.
The Series C investment from StellarIQ will allow D-Tools to incorporate AI-powered solutions in its product suite, aiming to boost workflow automation, provide data-driven insights, and support the financial performance of integration firms in the business management software industry. The AI technology from StellarIQ will also be used to power the growth of D-Tools' Industry Information & Insights (I3) initiative, connecting different segments of the systems integration ecosystem, and improve its strategic position as the essential end-to-end software solution for such firms, by leveraging AI-driven tools to create a connected platform across the industry.
