Grammarly, With $110 Million, Brings Artificial Intelligence to Writing

Founders Max Lytvyn, Alex Shevchenko are Ukrainain.

One of the most basic human activities, writing, is getting an assist from machines.

Startup Grammarly uses machine learning and artificial intelligence to help improve people’s writing, from basic spelling, grammar and style to more advanced suggestions on tone and context-specific language.

The San Francisco company has been bootstrapped since its founding in 2009 but has now raised $110 million in its first institutional funding as it looks to expand and ramp up hiring. General Catalyst led the growth equity round with participation from Breyer Capital, IVP, SignalFire and Spark Capital.

The 110-person startup has grown rapidly since it became a free service two years ago—it now has 6.9 million daily active users and has been profitable since early on, according to the company. The app has 18,000 reviews and more than 10 million downloads on the Chrome Web Store.

https://www.wsj.com/articles/grammarly-with-110-million-brings-artificial-intelligence-to-writing-1494243003

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