Grammarly has successfully raised $1B in financing from General Catalyst, which reflects a strong partnership and support for the AI writing assistance company. This financing follows its acquisition of Coda, a workspace platform, which has allowed Grammarly to enhance its offerings significantly. CEO Shishir Mehrotra emphasized the potential unlocked through this integration, stating that it enables Grammarly to cater to a broader audience—from students to large enterprises—by providing diverse productivity tools that improve communication and work efficiency. Grammarly supports over 40 million users globally and is utilized across more than 500,000 applications.
The breadth of what we can now offer is truly compelling. With General Catalyst's continued partnership and confidence in our vision, we can scale faster and more sustainably to reach the millions of people who can benefit from our tools.
Integrating Coda and Grammarly has unlocked tremendous potential for how people work and communicate. I'm energised by the innovation happening across our teams as Grammarly has become a productivity platform serving everyone from individual students to growing businesses to large enterprises.
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