Applied Systems

Applied Systems

A company offering cloud-based software products for insurance automation and brokerage management.

Applied Systems is a company offering software products for insurance automation and brokerage management that is headquartered in University Park, Illinois and was founded in 1980 by Robert Eustace.

Funding

Private equity

On September 11, 2017 Applied Systems completed a private equity funding round with an undisclosed amount of funding from Stone Point Capital.

Venture

On October 16, 2018 Applied Systems completed a venture funding round with an undisclosed amount of funding from CapitalG (lead investor), Stone Point Capital, JMI Equity, and Hellman & Friedman.

Acquired by

Hellman & Friedman

On November 26, 2013 Hellman & Friedman acquired Applied Systems for $1.8 billion.

Timeline

1980

Applied Systems was founded.

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