Grammarly Raises a Billion in Financing Tied to Revenue Growth – slator.com

Known as much for its flagship write-assist offering as for ubiquitous advertising, the Grammarly Editor platform raised USD 1bn from General Catalyst‘s Customer Value Fund. The funds will operate like a loan or credit line with capped returns tied to revenue, rather than an equity stake. The financing, announced on X on May 29, 2025, […]