Grammarly has raised $1 billion in funding from General Catalyst to expand its efforts in building a powerful AI productivity platform. This marks a major milestone for the company, which is best known for its AI-powered writing assistance tool.
With this investment, Grammarly plans to go beyond grammar and spelling corrections. The company aims to build an advanced AI platform that helps users across all types of work — from writing emails and reports to collaborating with teams more effectively.
General Catalyst, a prominent venture capital firm, believes in Grammarly’s vision of creating a smarter workplace powered by artificial intelligence. The funding will be used to enhance Grammarly’s core technology, hire top talent, and develop new features that boost communication and productivity.
This deal places Grammarly among a growing group of AI-focused companies attracting large investments to shape the future of work. As AI tools become more common in everyday business, Grammarly is positioning itself as a key player in this fast-moving space.