Insurance software provider Applied Systems has announced an investment by CapitalG, Alphabet’s growth equity investment fund. Alphabet is also the parent company of Google. CapitalG’s investment will give Applied access to Google expertise in artificial intelligence, machine learning and digital marketing. Other CapitalG investments include SurveyMonkey, Lyft, Airbnb and Zscaler.
Applied has more than doubled in size and revenue over the last five years by growing its portfolio and customer base in the United States, Canada, the United Kingdom and the Republic of Ireland.
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