Skip to content
Edit post

Grammarly becomes most expensive Ukrainian tech startup with $13 billion valuation

by Daryna Antoniuk November 18, 2021 11:33 PM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once
(Courtesy of Grammarly)

This represents a sixfold increase from its $2.1 billion valuation in 2019, the startup announced on Nov. 18. In its latest round of funding, Grammarly attracted $200 million from investment firm Baillie Gifford, venture firm General Catalyst and accounts managed by investment manager BlackRock.

Grammarly uses machine learning to improve people’s writing. Its service can check the spelling, grammar, tone, and consistency of any piece of text. The service will be natively integrated into Samsung mobile devices, the startup announced in October.

Grammarly wants to use the latest investments to hire more staff and develop new features for its product. The company now employs 645 people in San Francisco, Vancouver and Kyiv.

Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
8:20 PM

Unexploded aerial bomb found at site of Kharkiv hypermarket attack.

Investigators found a third aerial bomb around 80 meters from the hypermarket as operations to recover bodies from the burned wreckage of the building continued. If the bomb had exploded, "there could have been many more victims," the Kharkiv Regional Prosecutor's Office said.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.