US EditionGrammarly Co-Founder Max Lytvyn Maps A.I. Future After Raising $1B: Interview
- Grammarly, the San Francisco-based AI writing assistant founded 16 years ago, revealed on May 29, 2025, that it secured $1 billion in a non-dilutive investment from its longtime backer, General Catalyst.
- This funding follows Grammarly's December 2024 acquisition of AI productivity startup Coda and reflects a strategy to expand AI capabilities and scale sales and marketing efforts.
- General Catalyst's Customer Value Fund provided the capital as a revenue-backed loan without equity, aiming to enable sustainable growth without resetting Grammarly's valuation.
- Grammarly, which has an active user base exceeding 40 million, earns upwards of $700 million each year and recently appointed Shishir Mehrotra, formerly CEO of Coda, to lead the company in advancing its AI-driven productivity efforts.
- The funding positions Grammarly to accelerate expansion of its AI productivity suite and support enterprise adoption while pursuing further strategic acquisitions in AI-driven communication.
16 Articles
16 Articles
Grammarly Co-Founder Max Lytvyn Maps A.I. Future After Raising $1B: Interview
Grammarly launched 16 years ago as a grammar-checking tool, but its founders always had more ambitious plans. One of them, Max Lytvyn, previously ran a plagiarism detection startup where he saw how often people struggled not with honesty, but with the sheer difficulty of writing clearly. With Grammarly, he set out to make the process of translating thoughts into words less intimidating. “Technology just wasn’t there to make it possible,” Lytvyn …
Top Startup and Tech Funding News – May 28, 2025 - Tech Startups
It’s Thursday, May 29, 2025—and we’re back with your daily funding rundown, charting the capital flows, emerging startups, and strategic bets that signal where tech is headed next. Today’s batch is nothing short of diverse, both in geography and ambition. From Grammarly locking in a stunning $1 billion infusion to expand its AI-powered productivity suite
How Grammarly Got $1 Billion Without Giving Up Control
Grammarly, a popular tool for fixing writing errors, has just obtained a $1 billion investment. Actually, this funding is not like the usually available grants. Rather than handing out shares to employees, Grammarly reached a unique agreement with investment firm General Catalyst. The money is invested from General Catalyst’s Customer Value Fund, designed to assist thriving companies expand without transferring ownership. The money will be spent…
Grammarly Secures $1B for AI and Growth Expansion
Grammarly, the widely recognized writing and editing platform, has secured a staggering $1 billion in non-dilutive funding from General Catalyst, marking a significant milestone in the company’s journey to expand its artificial intelligence capabilities and customer base. This revenue-based financing deal, unlike traditional venture capital rounds, does not involve giving up equity, allowing Grammarly to retain full ownership while accessing sub…
Grammarly Secures Massive $1B Non-Dilutive Funding From General Catalyst
BitcoinWorld Grammarly Secures Massive $1B Non-Dilutive Funding from General Catalyst In the fast-evolving landscape of technology, where AI is increasingly intersecting with various sectors, including areas relevant to the cryptocurrency world’s infrastructure and tools, significant funding news captures attention. Today, the spotlight is on Grammarly, the widely used writing assistant, which has just announced a substantial financial commitmen…
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