Tech Company Financing Transactions

Grammarly Funding Round

On 10/11/2019, Grammarly secured $90 million in funding from General Catalyst Partners, IVP and private investors.

Transaction Overview

Company Name
Announced On
10/11/2019
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Undisclosed
Investors

General Catalyst Partners (Lead Investor) (Hemant Taneja)

IVP (Jules Maltz)

Proceeds Purpose
With this investment, Grammarly will continue to advance its cutting-edge technology to build a full-fledged communication assistant for individuals and businesses.

Company Information

Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
548 Market St. 35410
San Francisco, CA 94104
USA
Phone
Undisclosed
Email Address
Overview
Grammarly scans your text for proper use of more than 250 advanced grammar rules, spanning everything from subject-verb agreement to article use to modifier placement.
Profile
Grammarly LinkedIn Company Profile
Social Media
Grammarly Company Twitter Account
Company News
Grammarly News
Facebook
Grammarly on Facebook
YouTube
Grammarly on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brad Hoover
  Brad Hoover LinkedIn Profile  Brad Hoover Twitter Account  Brad Hoover News  Brad Hoover on Facebook
Founder
Dmytro Lider
  Dmytro Lider LinkedIn Profile  Dmytro Lider Twitter Account  Dmytro Lider News  Dmytro Lider on Facebook
Founder
Max Lytvyn
  Max Lytvyn LinkedIn Profile  Max Lytvyn Twitter Account  Max Lytvyn News  Max Lytvyn on Facebook
Founder
Alex Shevchenko
  Alex Shevchenko LinkedIn Profile  Alex Shevchenko Twitter Account  Alex Shevchenko News  Alex Shevchenko on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/11/2019: Element451 venture capital transaction
Next: 10/11/2019: Nerd Street Gamers venture capital transaction

 

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Where The Data Comes From

We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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