• Guest Post   |
  • Submit App Review   |
  • Submit PR   |
  • Advertise   |
  • Contact Us
  • Login
No Result
View All Result
Advertisement
Mobile App Development | Design | Marketing Magazine: Appedus
Subscribe
  • Home
  • App Development
  • App Marketing
    • All
    • App Onboarding
    • App Store Optimisation
    • App User Engagement
    • Push Notifications
    How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

    How to Create a Mobile App Marketing Strategy That Works

    How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

    How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

    App-Analytics-and-Data-Driven-Insights-Appedus

    Marketing 101 : Top App Analytics and Data-Driven Strategies

    In-app-purchases-and-in-app-subscriptions-Appedus

    In-App Purchases and Subscriptions

    Trending Tags

      • App Store Optimisation
      • App User Engagement
      • App Push Notifications
      • App Onboarding
      • App Analytics
    • App Design
    • App Reviews
      • All
      • Books & Reference
      • Business
      • Dating
      • Education
      • Finance
      • Fitness
      • Food & Drink
      • Health
      • iOS apps
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
      • Utilities
      • Video Editing
      Feature-image-appedus

      Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

      The Rise of Mobile Payment and Financial Apps

      Adverse Effects Of UV Radiation

      6 Adverse Effects Of UV Radiation

      6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

      6 Best iOS Productivity Apps You Can’t Live Without

      7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

      7 Reasons Why Every Business Should Be Mobile-Friendly

      The-top-ten-mobile-apps-all-travellers-should-use-appedus

      The top ten mobile apps all travelers should use

      5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

      5 Ways To Promote Your Mobile App In A Smarter Way

      What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

      What To Do If Your Cell Phone Is Lost or Stolen

      Trending Tags

      • Travel
      • fitness
      • Video Editing app
      • Utilities
      • Lifestyle
      • Medical
      • Photography
      • Productivity
      • Shopping
      • Social
      • Travel
    • App Events
    • Exclusive
    • Home
    • App Development
    • App Marketing
      • All
      • App Onboarding
      • App Store Optimisation
      • App User Engagement
      • Push Notifications
      How-to-Create-a-Mobile App-Marketing-Strategy-That-Works-appedus

      How to Create a Mobile App Marketing Strategy That Works

      How-to-Monetize-Your-Mobile-App-Strategies-for-Success-Appedus

      How to Monetize Your Mobile App: 5 Best Strategies for Success in 2023

      App-Analytics-and-Data-Driven-Insights-Appedus

      Marketing 101 : Top App Analytics and Data-Driven Strategies

      In-app-purchases-and-in-app-subscriptions-Appedus

      In-App Purchases and Subscriptions

      Trending Tags

        • App Store Optimisation
        • App User Engagement
        • App Push Notifications
        • App Onboarding
        • App Analytics
      • App Design
      • App Reviews
        • All
        • Books & Reference
        • Business
        • Dating
        • Education
        • Finance
        • Fitness
        • Food & Drink
        • Health
        • iOS apps
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
        • Utilities
        • Video Editing
        Feature-image-appedus

        Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

        The-future-of-mobile-virtual-events-and-webinars-appedus

        The Future of Mobile Virtual Events and Webinars

        The-Rise-of-Mobile-Payment-and-Financial-Apps-Appedus

        The Rise of Mobile Payment and Financial Apps

        Adverse Effects Of UV Radiation

        6 Adverse Effects Of UV Radiation

        6-iOS-Productivity-Apps-I-Cant-Live-Without-appedus

        6 Best iOS Productivity Apps You Can’t Live Without

        7-Reasons-Why-Every-Business-Should-Be-Mobile-Friendly-appedus

        7 Reasons Why Every Business Should Be Mobile-Friendly

        The-top-ten-mobile-apps-all-travellers-should-use-appedus

        The top ten mobile apps all travelers should use

        5-Ways-To-Promote-Your-Mobile-App-In-A-Smarter-Way-scaled-appedus

        5 Ways To Promote Your Mobile App In A Smarter Way

        What-To-Do-If-Your-Cell-Phone-Is-Lost-or-Stolen-appedus

        What To Do If Your Cell Phone Is Lost or Stolen

        Trending Tags

        • Travel
        • fitness
        • Video Editing app
        • Utilities
        • Lifestyle
        • Medical
        • Photography
        • Productivity
        • Shopping
        • Social
        • Travel
      • App Events
      • Exclusive
      No Result
      View All Result
      Mobile App Development | Design | Marketing Magazine: Appedus
      No Result
      View All Result
      Home Featured

      Grammarly receives $200M at a $13B valuation to use AI for better writing

      Baillie Gifford and BlackRock funds and accounts are among the new investors who have invested $200 million in Grammarly at a $13 billion value.

      by Editorial Team
      November 24, 2021
      in Featured, Funding, News-Curated
      Reading Time: 3 mins read
      0
      Grammarly
      Share on FacebookShare on Twitter

      Table of Contents

      • Grammarly’s Funding Round

      Main Highlights:

      • Grammarly announced a $200 million funding round and is now valued at $13 billion post-funding.
      • Grammarly Premium, the company’s entry-level English-only service, costs $30 per month (or $144 annually), while Grammarly Business costs $25 per user per month.
      • Grammarly recently announced Grammarly for Developers, a development kit that allows firms to add Grammarly-powered recommendations to existing web-based apps.
      • With the newest fundraising round, the company has raised almost $400 million.

      Grammarly, the famous auto-editing and writing program, has raised $200 million in investment at a $13 billion value from new investors, including Baillie Gifford and BlackRock funds and accounts. The funds will be utilized to advance product development and team expansion.

      Grammarly’s global head of product, Rahul Roy-Chowdhury, told in an interview that they believe this fundraising round is a strong endorsement of their business. They have been cash flow positive since their inception. Additionally, the game validates the mission’s strength to enhance lives through improved communication. This fundraising round is aimed at product innovation and scaling.

      Grammarly intends to utilize the funds to continue investing in its artificial intelligence technologies, according to Roy-Chowdhury. Furthermore, the organization will continue to improve its natural language processing and machine learning technologies to provide users with individualized communication feedback. Further, Roy-Chowdhury stated that Grammarly intends to increase its investment to acquire and strengthen customer trust.

      Continuing, he stated that He sees tremendous promise in the future since it all comes back to their purpose of increasing communication. There has been a sea change in how work is done due to remote-first global teams attempting to collaborate. The group sees a significant opportunity to assist people in communicating more successfully in these changing settings. This additional financing will only serve to expedite their efforts in that direction.

      In terms of the company’s future goal for the service, Roy-Chowdhury stated that Grammarly would evolve beyond emphasizing conciseness, consistency, and correctness. The firm intends to expand the categories in which users can recommend changes while simultaneously expanding its reach.

      With the debut of Grammarly for Mac and Windows earlier this week, Grammarly is already expanding its product options and reaching its objective of ubiquity. The new desktop application is compatible with Microsoft Office, Slack, Discord, and Jira. According to Roy-Chowdhury, the new desktop software intends to be customers’ go-to writing tool regardless of where they type. The service can now overcome technical limitations connected with browser extensions.

      According to Roy-Chowdhury, the team can now connect everything and assist customers with the complete communication route with Grammarly for Mac and Windows. As a result, the Grammarly team is there wherever you communicate and can assist you in accomplishing your goals more successfully.

      Grammarly also announced the introduction of Grammarly for Developers with the release of its Text Editor SDK, which enables programmers to embed Grammarly text editing features into any web application. The beta release of this SDK allows for developers to leverage all of Grammarly’s automatic editing capabilities with just a few lines of code. Although users of the target application do not need to be Grammarly customers, if they are, they may connect to their Grammarly accounts and take advantage of all of the associated capabilities.

      Grammarly funding

      Grammarly’s Funding Round

      Grammarly’s newest investment round follows one in October 2019, when the business raised $90 million at a valuation of more than $1 billion. General Catalyst led this investment, which followed its previous round of $110 million in May 2017 with participation from former investor IVP and additional unknown backers.

      Grammarly is now integrated into over 500,000 applications and websites, including email clients, enterprise software, and word editors. According to the company, as more people communicate across more online platforms, it’s critical to get communication rights to fulfill personal and business goals. It hopes to assist its customers.

      According to Peter Singlehurst, head of private enterprises at Baillie Gifford, as the world has digitized, individuals communicate more than ever before – yet it has never been more challenging. He continued by noting that Grammarly is one of the few businesses dedicated to resolving this issue globally.

      What drew them in was the company’s ambition and the team’s capacity to advance the product to improve communication for more people in more scenarios. Grammarly’s long-term and ambitious approach is also consistent with its investment philosophy.

      Grammarly runs on a freemium model, with subscription tiers adding features such as word choice, sentence rewrites, tone modifications, fluency, formality level, and plagiarism detection. The paid stories are $12, $20, and $30 per month, respectively.

      mm

      Editorial Team

      We at Appedus are a group of digital nomads aggregating, writing, and publishing the best of the tech news in the mobile app ecosystem. Our constant endeavor is to get the most actionable news for you to use.

      Next Post
      Spotify

      Spotify now offers a lyrics feature to all paid and free customers worldwide

      Weekly Newsletter

      Top Apps This Week

      Feature-image-appedus
      Featured

      Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

      by Editorial
      September 30, 2023

      In recent years, the demand for fitness and wellness apps...

      Read more
      The-Top-Mobile-App-Trends-to-Watch-for-in-2023-appedus

      The Top Mobile App Trends to Watch for in 2023

      March 2, 2023
      The-future-of-mobile-virtual-events-and-webinars-appedus

      The Future of Mobile Virtual Events and Webinars

      February 22, 2023
      Load More

      About Us

      Mobile App Development | Design | Marketing Magazine: Appedus

      Appedus is a mobile app ecosystem focused news publishing platform which covers various topics like app design, app development, app marketing and other relevant news, views or opinions. We also publish industry insights, e-books, developer interviews and e-magazines. You can get in touch with us on hola@appedus.com or you can snail mail us at

      Medianiti Ltd. Brooklands Business Park, Wellington Way, Weybridge KT13 0TT, United Kingdom

      Latest Articles & News

      Feature-image-appedus

      Supercharge Your Fitness Journey with ‘Workout From Home’ by Dejan Nakarada-Kordic

      September 30, 2023
      Assessing-the-Risks-and-Realities-of-Accidents-Involving-Self-Driving-Trucks-Thehospitalitydaily

      AI Powered Truck Collision: Assessing the Risks and Realities of Accidents Involving Self-Driving Trucks

      September 29, 2023

      Important Links

      • Guest Post
      • Submit App Review
      • Submit PR
      • Mobile App Marketing
      • Mobile App Reviews | Top Android & iOS app reviews
      • Top Apps
      • Curated News
      • Advertise
      • Contact Us

      Subscribe

      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      No Result
      View All Result
      • About Appedus
      • Advertise
      • App Events
      • Appedus
      • Contact Us
      • Contact Us
      • Exclusive at Appedus
      • Our Authors, Contributors & Writers
      • Privacy Policy
      • Submit App for Review
      • Submit Free Press Release
      • Thank You
      • Tip-Off
      • Write For Us | Mobile App Development Guest Post
      • Write For Us | Mobile App Development Guest Post Paid

      © 2022 Appedus - Appedus All Right Reserved

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
      Go to mobile version