Gene Frantz of CapitalG said, "Applied Systems is a pioneer in the insurance industry, transforming the way insurers, agents and customers do business in the cloud. We are excited to partner with Applied in support of its rapid growth and best-in-class technology. We look forward to bringing some of the world's leading experts at Google and Alphabet to drive innovation within the global insurance ecosystem."

https://markets.businessinsider.com/news/stocks/applied-systems-announces-minority-investment-by-capitalg-the-growth-equity-investment-fund-of-google-parent-company-alphabet-1027621994