Grammarly

Valuation $39B

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

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