D-Tools announced it has raised $12 million in a Series C investment round led by John Heyman, former CEO of Snap One, through his newly formed company, StellarIQ. Existing majority investor Greybull Stewardship also participated.

The capital infusion is aimed at accelerating D-Tools’ push to become the leading end-to-end software solution for electronic systems contractors. The company said the funding will support its ongoing work in streamlining workflows, delivering business insights, and expanding AI-driven tools for the systems integration industry.

StellarIQ’s involvement goes beyond capital. D-Tools will also integrate StellarIQ’s proprietary AI technology into its platforms, enhancing functionality across its software suite. This includes expanded automation and analytics capabilities designed to improve operational efficiency and profitability for integration firms.

According to D-Tools, the technology will also support growth of its Industry Information & Insights (I3) initiative, a data-focused program that connects integrators, manufacturers, buying groups and distributors with benchmarking and market intelligence tools.

“D-Tools has long served as the backbone for system integrators managing complex projects and businesses,” Heyman said in a statement. “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.”

Greybull Stewardship founder and CEO Mason Myers said the firm is continuing its support because of D-Tools’ leadership and long-term value. “Our continued investment in D-Tools reflects our strong conviction in its mission, leadership, and sustained market opportunity,” Myers said.

D-Tools CEO Randy Stearns said the investment will help accelerate the company’s product roadmap and expand its influence across the integration value chain. “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,” Stearns said.

StellarIQ was founded by Heyman and longtime business partner Alon Goren. The pair previously co-founded Radiant Systems, which went public and was later sold to NCR Corporation for $1.3 billion in 2011. StellarIQ’s AI tools are currently deployed at major companies including AB InBev, Kantar, Suntory Global Spirits, and Cereal Partners Worldwide.