Grammarly announced $1 billion in financing from General Catalyst’s Customer Value Fund (CVF), saying it will use the financing for product innovation, scaling its sales and marketing, and making strategic acquisitions.
The announcement came about five months after Grammarly acquired artificial intelligence productivity tool maker Coda, integrated the two companies and evolved into an AI productivity platform for apps and agents, the company said in a Thursday (May 29) press…
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https://www.pymnts.com/news/investment-tracker/2025/grammarly-secures-1-billion-dollar-financing-amid-evolution-into-ai-productivity-platform/