Grammarly has secured $1 billion in growth financing from General Catalyst, signaling a strong vote of confidence in the company’s AI-driven productivity platform. The funding will support Grammarly’s plans for product innovation, strategic acquisitions, and expanding its customer base. Following its acquisition of Coda, Grammarly has become an AI powerhouse, serving over 40 million daily users across 500,000+ apps and websites.
Today, we announced $1 billion in growth financing from General Catalyst. As our CEO, Shishir Mehrotra, put it, "Grammarly is going through a huge transformation…from being what is mostly known as a single-purpose agent to being an agent platform.” https://t.co/CyWx4PXlth
— Grammarly (@Grammarly) May 29, 2025
With this fresh capital, Grammarly is set to accelerate its mission: to create an AI-powered productivity platform that acts like a helpful, context-aware colleague—enabling users to work smarter and achieve more effortlessly.
I'm excited to announce that @Grammarly has closed $1 billion in financing from General Catalyst! 🚀 Since integrating with @coda_hq earlier this year, we've evolved into an AI productivity platform serving millions daily. This investment will help us accelerate our growth. The…
— Shishir (@shishirmehrotra) May 29, 2025
Grammarly secures $1B in non-dilutive funding from General Catalyst | TechCrunch https://t.co/R5KqdWI9QX
— TechCrunch (@TechCrunch) May 30, 2025
Grammarly raises $1B, angel fund ‘Masia’ aims to cement Barcelona’s tech hub status, and cryogenic pets https://t.co/gdZi0daVWo pic.twitter.com/8ufMya3JfH
— Tech.eu (@tech_eu) May 30, 2025
Grammarly has raised $1 billion in non-dilutive financing from General Catalyst to expand its artificial intelligence offerings, aiming to grow into a comprehensive productivity platform, the companies said.https://t.co/uzlgOtGSDE
— The Hindu (@the_hindu) May 30, 2025
Grammarly raised $1B in non-dilutive funding from General Catalyst to expand its AI tools; 2005-founded Grammarly has $700M+ in annual revenue and is profitable (@readkrystalhu / Reuters)https://t.co/jUndDFUsz7https://t.co/LuIO8cyPVbhttps://t.co/ZOzeer1FAj
— Techmeme (@Techmeme) May 29, 2025
Detailed information: https://www.grammarly.com/blog/company/grammarly-announces-growth-financing/
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