Grammarly Raises a Billion in Financing Tied to Revenue Growth
"Known as much for its flagship write-assist offering as for ubiquitous advertising, the Grammarly Editor platform raised USD 1bn from General Catalyst‘s Customer Value Fund. The funds will operate like a loan or credit line with capped returns tied to revenue, rather than an equity stake.
The financing, announced on X on May 29, 2025, by the company’s current CEO, Shishir Mehrotra, is structured in a way that allows General Catalyst to increase their investment in Grammarly without diluting ownership by issuing new shares to other investors — according to Reuters.
Read the full study breakdown: https://slator.com/grammar...
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#Grammarly #AIFinancing #GeneralCatalyst #AIProductivity #RevenueGrowth #NonDilutiveFunding #AIPlatform #TechInvestment #GrammarlyExpansion
"Known as much for its flagship write-assist offering as for ubiquitous advertising, the Grammarly Editor platform raised USD 1bn from General Catalyst‘s Customer Value Fund. The funds will operate like a loan or credit line with capped returns tied to revenue, rather than an equity stake.
The financing, announced on X on May 29, 2025, by the company’s current CEO, Shishir Mehrotra, is structured in a way that allows General Catalyst to increase their investment in Grammarly without diluting ownership by issuing new shares to other investors — according to Reuters.
Read the full study breakdown: https://slator.com/grammar...
Slator is a leading authority in providing comprehensive updates on advancements in AI translation, machine learning, and translation management systems. Stay informed with trusted insights tailored for linguists, technology innovators, and localization professionals.
Subscribe now to stay updated on breakthroughs in AI translation, LLMs, and more from the world of language technology."
#Grammarly #AIFinancing #GeneralCatalyst #AIProductivity #RevenueGrowth #NonDilutiveFunding #AIPlatform #TechInvestment #GrammarlyExpansion
Grammarly Raises a Billion in Financing Tied to Revenue Growth - Slator
General Catalyst invests USD 1bn in Grammarly, fueling its expansion into an AI-driven multi-purpose agent platform.
https://slator.com/grammarly-raises-a-billion-in-financing-tied-to-revenue-growth/
06:38 AM - Jun 05, 2025 (UTC)
