Google, through its growth investment fund, CapitalG, has made a sizable minority investment in Applied. This investment supports Applied’s focus on accelerated growth through innovative technology for the global insurance market and will bring Applied access to Google's people, expertise and culture. Google's investment is a validation of Applied's products, technology and market position, and will spur artificial intelligence, machine learning, and digital marketing innovation in the insurance industry. This investment does not provide Google access to any Applied data. Additionally, this investment by CapitalG is a testament to their recognition of the meaningful role independent agencies and brokerages play in the distribution of insurance. Other CapitalG investments include Lyft, Airbnb, SurveyMonkey, and Zscaler.
Key Focus Areas
- Artificial Intelligence & Machine Learning
- Digital Marketing & Search
Google Parent’s Equity Fund Makes Investment in Applied Systems
October 17, 2018
Insurance Business CanadaRead More
Hellman & Friedman’s Applied Systems Attracts Investment From Google
October 18, 2018
Wall Street JournalRead More
Why Google’s Investment in Applied Systems is Good for All Agents and Brokers
October 23, 2018
Steve Anderson GroupRead More
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