Applied Systems

University Park, United States Founded: 1983 • Age: 43 yrs Acquired By Hellman & Friedman
Insurance technology solutions are provided by Applied Systems for agencies.
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About Applied Systems

Applied Systems is a company based in University Park (United States) founded in 1983 was acquired by Hellman & Friedman in November 2013. It operates as a SaaS (Software-as-a-Service), and Professional Services. Applied Systems has completed 13 acquisitions, including Artizan, Cytora and Dynamis Software. Applied Systems offers products and services including Applied Epic, Applied Pay, Applied CSR24, and EZLynx. Applied Systems operates in a competitive market with competitors including Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, among others.

  • Headquarter University Park, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Applied Systems, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Nomura

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Artizan

    & 12 more

  • Acquired by
    Hellman & Friedman

    & 1 more

    (Nov 26, 2013)

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Products & Services of Applied Systems

Applied Systems offers a comprehensive portfolio of products and services, including Applied Epic, Applied Pay, Applied CSR24, and EZLynx. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Agency management software is provided for insurance operations.

Digital payment solutions are offered for insurance transactions.

Customer self-service tools are delivered for insurance clients.

Comprehensive agency management platform is provided for automation.

People of Applied Systems
Headcount 1000-5000
Employee Profiles 365
Employee Profiles
People
Manoj Mathew
Director Of Devops
People
Morgan Menard
Senior Support Technician
People
Ricky Lopez
Vice President Consulting Services
People
Maggie Mulligan
Services Enablement Manager, Product Adoption

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Funding Insights of Applied Systems

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Debt – Conventional - Applied Systems Valuation

investors

Oct, 2018 Amount Private Equity Round - Applied Systems Valuation CapitalG , JMI Management
Sep, 2017 Amount Private Equity Round - Applied Systems Valuation Stone Point Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Applied Systems

Applied Systems has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Nomura, Bain Capital Private Equity and CapitalG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
Founded Year Domain Location
Private equity firm investing in software companies
Founded Year Domain Location
Private equity firm investing in global financial services sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Applied Systems

Applied Systems has strategically engaged in corporate development activities, having acquired 13 companies. Notable acquisitions include Artizan, Cytora and Dynamis Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Digital marketplace for insurance agencies
2018
Provider of GenAI-powered risk insights and underwriting solutions for commercial insurance
2016
SaaS-based solutions for commercial insurance agency management are offered.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Applied Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Applied Systems Comparisons

Employees
+
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Competitors of Applied Systems

Applied Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based platform for property and casualty insurance is provided.
domain founded_year HQ Location
Software suite is offered for commercial insurance quoting and binding.
domain founded_year HQ Location
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
domain founded_year HQ Location
Cloud-based solutions for property, casualty, and general insurance are provided.
domain founded_year HQ Location
Insurance policy management and risk management solutions for the P&C insurance industry
domain founded_year HQ Location
Insurity is recognized for providing cloud-native insurance software solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Applied Systems

Frequently Asked Questions about Applied Systems

When was Applied Systems founded?

Applied Systems was founded in 1983 and raised its 1st funding round 34 years after it was founded.

Where is Applied Systems located?

Applied Systems is headquartered in University Park, United States. It is registered at University Park, Texas, United States.

What does Applied Systems do?

Insurance technology solutions are developed by Applied Systems to support independent insurance agencies. Operations are streamlined through agency management platforms, digital payments, and customer self-service tools. Focus is placed on integrating AI to enhance workflows within the insurance ecosystem. Sectors served include property and casualty insurance with solutions for personal and commercial lines. Collaboration with markets and Salesforce integration are facilitated to improve agency efficiency. Growth and operational excellence are targeted through tailored insights and automation.

Who are the top competitors of Applied Systems?

Applied Systems's top competitors include Guidewire, Bold Penguin and OneShield.

What products or services does Applied Systems offer?

Applied Systems offers Applied Epic, Applied Pay, Applied CSR24, and EZLynx.

How many acquisitions has Applied Systems made?

Applied Systems has made 13 acquisitions, including Artizan, Cytora, and Dynamis Software.

Who are Applied Systems's investors?

Applied Systems has 6 investors. Key investors include Nomura, Bain Capital Private Equity, CapitalG, JMI Management, and Stone Point Capital.

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