About Grammarly
Grammarly is the trusted AI assistant for communication and productivity.
Headquarters
Grammarly, San Francisco
Founded
2009-04-01
Industry
Artificial Intelligence (AI), Copywriting, Generative AI, Machine Learning, SaaS, Virtual Assistant
Last Funding Type
Private Equity
Valuation
39
Total Funding
$400.00 million dollars
IPO Status
Private
Financial
Grammarly is focusing on enhancing communication through AI-driven technologies. They are developing systems for real-time tone feedback in video conferencing, proficiency and native language-adapted grammatical error correction, and rewriting the tone of natural language text. Additionally, they are working on personalized text suggestions and detecting the tone of text to improve grammatical error correction. These efforts aim to refine digital communication by providing context-aware and user-specific language assistance.
Funding Rounds
3
Number of Lead Investors
3
Total Funding Amount
$400.00 million dollars
Number of Investors
8
Grammarly vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Grammarly | $39B | $400.00M | 3 |
| Weights & Biases | $5B | $250.00M | 7 |
| SeekOut | $1B | $188.60M | 4 |
| Tanium | $9B | $1.05B | 14 |
| Postman | $6B | $433.00M | 5 |
| Dataiku | $4B | $846.84M | 11 |
| SandboxAQ | $8B | $825.00M | 3 |
| Collibra | $5B | $596.52M | 9 |
| Drata | $4B | $328.24M | 4 |
| Cerebras Systems | $26B | $715.00M | 7 |
| Enya (Software Development Applications) | $3B | $1.50M | 2 |
| Latch | $1.6B | $342.12M | 7 |
| AvidXchange | $4.9B | $1.13B | 10 |
| Zoox | $2B | $1.01B | 5 |
| SparkCognition | $1B | - | - |
| Shield AI | $5B | $1.07B | 14 |
| Illumio | $22B | $557.50M | 6 |
| Databricks | $38B | $14.00B | 13 |
| Asapp | $2B | $380.00M | 5 |
| InsideSales.com | $3B | $251.20M | 6 |
| AppDirect | $2B | $574.50M | 9 |
| Gong.io | $7B | $583.00M | 8 |
| Anthropic | $12B | $13.74B | 11 |
| Zenefits | $14B | $584.10M | 6 |
| Dialpad | $2B | $450.00M | 9 |
| CloudBees | $1B | $356.20M | 8 |
| Workfront | $2B | $375.00M | 5 |
| ZipRecruiter | $2.4B | $769.00M | 3 |
| Copper | $2B | $102.00M | 5 |
| Groq | $4B | $1.00B | 6 |
| Synthego | $1B | $459.69M | 9 |
| OpenWeb | $2B | $393.00M | 6 |
| Cylance | $1B | $297.00M | 6 |
| SentinelOne | $9B | $696.52M | 9 |
| Tonal | $3B | $580.00M | 7 |
| Tradeshift | $8B | $1.13B | 14 |
| Wrapbook | $1B | $150.60M | 4 |
| Matillion | $3B | $290.00M | 7 |
| Datto | $4.3B | $100.00M | 3 |
| SmartRent | $2.2B | $256.50M | 6 |
| Quora | $22B | $301.00M | 5 |
| Meta Platforms | $104B | $25.61B | 15 |
| Active Network | $1B | $344.19M | 9 |
| Anduril | $25B | $3.67B | 8 |
| Trax Retail | $5B | $1.08B | 13 |
| Skydio | $4B | $740.00M | 9 |
| Cruise | $330B | $15.97B | 13 |
| Vianai | $2B | $190.00M | 2 |
| Clari | $3B | $496.00M | 8 |
| Pilot | $9B | $172.10M | 6 |
| Hugging Face | $10B | $395.20M | 7 |
| Procore | $9.6B | $654.02M | 17 |
| Fleetmatics Group | $0.6B | $93.00M | 2 |
| Carbonite | $0.2B | $191.20M | 8 |
| Concur Technologies | $0.2B | $291.75M | 2 |
| Vercel | $8B | $563.00M | 5 |
| Divvy | $7B | $417.50M | 5 |
| Placer.ai | $6B | $267.51M | 10 |
| Sumo Logic | $2.2B | $340.00M | 6 |
| Lucid | $3B | $3.82M | 4 |
| Pipedrive | $5B | $90.20M | 8 |
| Udacity | $2B | $240.00M | 6 |
| STORD | $4B | $325.04M | 6 |
| Evolv Technology | $1.7B | $483.32M | 10 |
| SWORD Health | $2B | $453.47M | 11 |
| Weave | $1.5B | $168.00M | 8 |
| HyperScience | $7B | $288.88M | 9 |
| SmartNews | $2B | $410.29M | 6 |
| LogMeIn | $0.3B | $30.00M | 5 |
| Cohesity | $10B | $955.00M | 10 |
| Gusto | $547B | $746.10M | 15 |
| FullStory | $4B | $197.20M | 7 |
| Amplitude | $4.6B | $311.48M | 14 |
| ThoughtSpot | $13B | $663.70M | 12 |
| Veriff | $6B | $192.32M | 7 |
| Motive | $3B | $567.30M | 9 |
| Evernote | $11B | $290.00M | 12 |
| Ada (Business/Productivity Software) | $1B | $190.62M | 7 |
| Rebellion Defense | $1B | $150.00M | 2 |
| Stack Overflow | $12B | $153.00M | 6 |
| Stripe | $559B | $9.44B | 20 |
| Druva | $2B | $475.00M | 9 |
| AlphaSense | $2B | $1.42B | 12 |
| Intercom | $13B | $240.75M | 7 |
| TravelPerk | $4B | $664.14M | 12 |
| Cresta | $6B | $276.00M | 5 |
| MarkForged | $2.1B | $346.80M | 7 |
| Workato | $6B | $415.00M | 5 |
| Invoca | $1B | $201.50M | 7 |
| Looker | $5B | $280.50M | 7 |
| People.ai | $4B | $200.00M | 9 |
| Upstart | $10B | $944.05M | 9 |
| Freshworks | $10B | $484.00M | 9 |
| GitLab | $11B | $413.50M | 7 |
| Graphcore | $8B | $682.00M | 7 |
| Zuora | $1.4B | $647.50M | 11 |
| Alation | $7B | $314.95M | 7 |
| Airtable | $282B | $1.35B | 10 |
| Instructure | $2.8B | $89.10M | 6 |
| View (Building Products) | $1.6B | $2.57B | 20 |
| Vast | $4B | $381.00M | 7 |
| Dynatrace | $4.4B | $21.90M | 4 |
| Segment | $12B | $283.93M | 10 |
| Automile | $4B | $47.31M | 4 |
| Back | $15B | $3.30M | 2 |
| Nowports | $2B | $242.60M | 8 |
| FiscalNote | $1.3B | $637.33M | 23 |
| Auth0 | $6B | $332.28M | 10 |
| Salt Security | $1B | $271.00M | 8 |
| CircleCI | $10B | $315.00M | 9 |
| Addepar | $11B | $531.36M | 7 |
| Proofpoint | $0.4B | $885.50M | 7 |
| SnapLogic | $5B | $371.30M | 10 |
| Signifyd | $4B | $409.00M | 7 |
| Spendesk | $3B | $311.85M | 6 |
| Pilot.com | $1B | $172.10M | 6 |
| DocuSign | $4.5B | $536.20M | 20 |
| Lucid Software | $12B | $670.36M | 8 |
| DataStax | $5B | $342.57M | 10 |
| Insider | $5B | $772.10M | 9 |
| PagerDuty | $1.8B | $523.60M | 8 |
| SAP Concur | $0.2B | $291.75M | 2 |
| OpenAI | $20B | $21.90B | 10 |
| Innovaccer | $3B | $379.10M | 7 |
| Iterable | $2B | $342.20M | 7 |
| Dataminr | $41B | $1.05B | 14 |
| Mirakl | $7B | $6.41M | 5 |
| Hubspot | $0.8B | $100.50M | 6 |
| Bellabeat | $8B | $18.82M | 7 |
| Workhuman | $1B | $131.48M | 4 |
| Nuvemshop | $6B | $628.38M | 11 |
| MindTickle | $1B | $281.30M | 7 |
| Moveworks | $4B | $305.00M | 3 |
| GrubMarket | $20B | $499.10M | 8 |
| Outreach | $22B | $489.02M | 13 |
| SoundHound | $2.1B | $451.00M | 11 |
| Salesforce | $1.1B | $65.38M | 7 |
| iRobot | $2B | $230.00M | 6 |
| $23.1B | $26.10M | 3 | |
| Clio | $3B | $1.29B | 6 |
| BazaarVoice | $0.7B | $130.55M | 5 |
| Transfix | $4B | $169.00M | 9 |
| Kong | $7B | $344.10M | 7 |
| Owkin | $3B | $304.10M | 8 |
| Datadog | $7.8B | $1.02B | 9 |
| Aiven | $6B | $420.00M | 6 |
| Contentful | $6B | $349.60M | 9 |
| Riskified | $3.3B | $228.65M | 8 |
| Duo Security | $2B | $121.50M | 7 |
| ShipBob | $6B | $330.50M | 7 |
| InVision | $4B | $356.20M | 10 |
| PayFit | $6B | $495.75M | 7 |
| Slice | $1B | $125.00M | 6 |
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 17.11.2021 | $200.00 million dollars |
Baillie Gifford BlackRock |
| №2 | 10.10.2019 | $90.00 million dollars |
General Catalyst |
| №3 | 08.05.2017 | $110.00 million dollars |
General Catalyst |