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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CapitalG
Stone Point CapitalPeople
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Applied Systems
Is a
CompanyCompany attributes
Insurance
Software
Cloud computing
United StatesDate incorporated
1980
Investors
JMI Equity
