Grammarly Reaches $13B Valuation With New Funding Round to Accelerate Communication Assistance Market Leadership

$200M+ round, including new investors Baillie Gifford and funds and accounts managed by BlackRock, boosts Grammarly’s efforts to help individuals and organizations communicate with confidence and impact

Grammarly, the company powering effective communication for over 30,000 teams and 30 million people daily, today announced over $200 million in funding at a $13B valuation from new investors Baillie Gifford and funds and accounts managed by BlackRock, among others. With this latest round, Grammarly will accelerate product innovation and team growth to transform how individuals and organizations around the world communicate.

Marketing Technology News: Fobi Announces CheckVax™ Deal With University of Nevada Athletics for Men’s and Women’s NCAA…

“We’re delighted to partner with the team at Grammarly to democratize effective communication. As the world has digitized, people communicate more than they ever have—yet it has never been so difficult”

Today’s digital-first world continues to shape how we work and live. More people are connecting across more online platforms and in more diverse contexts than ever before. Getting communication right is essential in our hyper-connected world—it’s become foundational to achieving both individual and business goals.

Marketing Technology News: Dirt Geek Media Inc Announces the Launch of Overnet Billboard Technology

“Grammarly’s latest funding round underscores the importance of our mission and the broad need for effective communication,” said Brad Hoover, CEO of Grammarly. “By enabling clear and confident communication, Grammarly’s platform helps people excel both personally and professionally. It drives real impact for our users and the ecosystems in which they operate, including businesses.”

Looking to assist people wherever they write, Grammarly doesn’t limit users to one software suite or operating system to receive communication feedback. Its platform accelerates effective communication across more than 500,000 applications and websites, from email clients to enterprise software to word processors.

With a new desktop product, the launch of Grammarly for Developers, and strategic partnerships like Grammarly for Samsung Keyboard, Grammarly is poised to bring its real-time communications suggestions to more people across more applications. The company will also continue to advance its best-in-class NLP and ML technology to deliver personalized communication feedback to users around the globe.

Marketing Technology News: New Groupon and Square Partnership Allows Local Merchants to Create Groupon Campaigns Directly from…