Grammarly secures $1 billion from General Catalyst to build AI productivity platform


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An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo

(This story has been corrected to fix when Grammarly was founded, in paragraph 5, and to clarify the General Catalyst fund relationship, in paragraph 11)

(Reuters) -Grammarly has raised $1 billion in non-dilutive financing from General Catalyst to expand its artificial intelligence (AI) offerings, aiming to grow into a comprehensive productivity platform, the companies said on Thursday.


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