Wednesday July 23rd, 2025 6:04PM

Tech Veterans Launch StellarIQ to Power AI-Powered Market Leaders

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Jul 23, 2025--

Generative AI and agentic AI represent the greatest business transformation opportunity in decades, yet most companies are looking for expertise to capture it. Building capabilities in-house takes too long, while off-the-shelf solutions lack critical industry-specific nuances. Today, StellarIQ launched to provide a better path: combining investment capital and operational experience with a proven generative AI platform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250723486090/en/

Tech veterans with 30+ years of collaboration launch StellarIQ as the parent company of AnswerRocket and Max AI.

Leveraging a Comprehensive AI Transformation Model

StellarIQ's approach leverages two portfolio companies to deliver rapid results based on their implementation with over 30 Fortune 2000 companies:

  • AnswerRocket provides enterprise AI services and solutions.
  • Max AI delivers an agentic platform for building fit-for-purpose AI agents across organizations.

Together, AnswerRocket and Max AI already power AI solutions at AB InBev, Kantar, Suntory Global Spirits, and Cereal Partners Worldwide (a General Mills and Nestlé joint venture), amongst other leading companies. "Companies need both technology and expertise to drive value," said Alon Goren, Co-founder of StellarIQ. "By combining AnswerRocket's deep expertise with Max AI's proven platform, we eliminate barriers companies face in their AI strategies."

A New Frontier: Enabling AI Evolution of Vertical SaaS Businesses

Vertical SaaS companies have used extensive domain expertise to automate workflows in virtually every industry. However, these same companies often must continue to focus on new features and functionality demanded by their install base, preventing them from evolving their businesses to incorporate AI.

"The pace of innovation in AI is unprecedented and advancing so quickly that what takes companies 18-24 months to build internally is often outdated by launch. We enable companies to leap ahead of this curve, implementing cutting-edge capabilities as this window of innovation opens," said John Heyman, Co-founder of StellarIQ.

StellarIQ targets vertical software companies with established profitability, customer bases, and rich proprietary data. StellarIQ provides growth capital, access to the Max AI technology platform, and the expertise of founders who have grown businesses organically and inorganically from start-up to billion-dollar exits.

"Vertical SaaS companies possess years of domain expertise that generic platforms can't match," Heyman explained. "With our AI capabilities, they can become the intelligence layer for their entire industry."

Leadership Team with Three Decades of Shared Success

StellarIQ's founding team – all veterans of Radiant Systems – brings 30+ years of collaboration and tech leadership. Leading the team are Alon Goren and John Heyman. As Chairman and CEO of Radiant Systems, respectively, Alon Goren and John Heyman built the company from start-up to a multi-vertical SaaS leader. They led the company through a successful IPO, multiple acquisitions, and transformational innovation before its sale to NCR Corporation for $1.3 billion.

The team’s collective track record includes:

  • Building Radiant Systems from start-up to a $1.3 billion acquisition by NCR.
  • Leading Snap One to a $1.9 billion acquisition by Resideo.
  • Acquiring and integrating over 40 companies.
  • Founding AnswerRocket and delivering enterprise-grade AI solutions to a demanding client base.
  • Successfully investing in other tech and tech-enabled businesses such as Blackline Systems, Dinova, and Impact Innovations.

StellarIQ is actively evaluating partnerships across the vertical software universe. Learn more at www.StellarIQ.com.

About StellarIQ

StellarIQ invests in vertical software companies to accelerate their AI transformation through growth capital, implementation expertise, and production-ready AI technology. As the parent company of AnswerRocket and Max AI, StellarIQ enables portfolio companies to rapidly deploy AI solutions that create business value while maintaining their independence. Visit www.StellarIQ.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250723486090/en/

CONTACT: Haleigh Kent-Bryant

[email protected]

810.516.5486

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY SOFTWARE VENTURE CAPITAL ARTIFICIAL INTELLIGENCE

SOURCE: StellarIQ

Copyright Business Wire 2025.

PUB: 07/23/2025 09:00 AM/DISC: 07/23/2025 09:01 AM

http://www.businesswire.com/news/home/20250723486090/en

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