Grammarly, a San Francisco, CA-based AI assistant for communication and productivity, has secured $1 billion in financing.
Investors
The round was led by General Catalyst, a global investment and transformation firm that partners with the world’s most ambitious entrepreneurs to drive resilience and applied AI. General Catalyst supports founders with a long-term vision who challenge the status quo, partnering with them from the seed stage to growth and beyond. With offices in San Francisco, New York City, Boston, Berlin, Bangalore, and London, the firm has backed more than 800 businesses.
Grammarly Use of Funds
The company will use the funds to scale its sales and marketing efforts and to support strategic acquisitions.
About Grammarly
Founded in 2009 by Alex Shevchenko, Max Lytvyn, and Dmytro Lider, Grammarly is an AI-powered writing assistant designed to help individuals and organizations communicate more effectively in English. It offers real-time suggestions for grammar, spelling, punctuation, clarity, tone, and plagiarism detection—empowering users ranging from students to large enterprises to work smarter and more efficiently. Headquartered in San Francisco, with offices in Kyiv, New York, and Vancouver, Grammarly serves over 40 million people and more than 50,000 organizations (e.g., Atlassian, Databricks, Zoom), integrating seamlessly into workplace ecosystems.
Funding Details
Company: Grammarly, Inc.
Raised: $1.0B
Round: Growth Round
Funding Date: May 2025
Lead Investor: General Catalyst
Additional Investors:
Company Website: https://www.grammarly.com/
Software Category: AI Productivity Platform
Source: https://www.businesswire.com/news/home/20250529436291/en/