Grammarly has announced the closing of a $1 billion growth financing round led by General Catalyst. The investment comes through General Catalyst’s Customer Value Fund (CVF), which focuses on go-to-market support. Grammarly plans to use the new capital to expand sales and marketing efforts, pursue strategic acquisitions, and grow its customer base. The funding follows Grammarly’s acquisition of productivity platform Coda in January 2025, further strengthening its position as an AI productivity platform serving individuals and enterprises alike. With over 40 million daily users and more than $700 million in annual revenue, Grammarly continues to expand its AI-assisted tools across 500,000 applications and websites.
Pranav Singhvi, Managing Director and Co-Head of the CVF at General Catalyst, stated, “This investment represents more than just capital; we believe it’s a strategic enabler for the next phase of Grammarly’s growth.” Grammarly CEO Shishir Mehrotra added, “Integrating Coda and Grammarly has unlocked tremendous potential for how people work and communicate.” Hemant Taneja, CEO of General Catalyst, said that the firm had been collaborating with the Grammarly team for several years and expressed confidence that the continued partnership would generate significant long-term value. He noted that Grammarly’s tools are now supporting companies such as Atlassian, Databricks, and Zoom in enhancing communication and productivity in their daily work.
