Google’s Investment in Applied

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
  • Security
  • Digital Marketing & Search

Industry Insights

  • Google takes minority stake in Applied

    17 October 2018

    Insurance Age

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  • Google looking for further investment in insurtech

    23 October 2018

    Insurance Post

    Read More
  • Google owner invests in Applied Systems

    26 October 2018

    Insurance Times

    Read More

Related Resources

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