Friday, 24 March, 2023

Grammarly raises $200M from new investors

<p>Grammarly raised $200M in funding at a $13B valuation from new investors. Some of these investors included Baillie Gifford and funds and accounts managed by BlackRock, among others. The company plans to use this funding to continue investing in its AI technology. It will also focus on the advancement of natural language processing and machine learning tech. This will help them deliver personalized communication feedback to its users.<br /> &nbsp;</p>