Grammarly
Grammarly is an AI writing assistant that helps improve communication, trusted by 40 million users and 96% of Fortune 500 companies.
Secondary Market Price
Secondary Market Price
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Company Description
Grammarly is an AI-powered writing assistance company that provides real-time communication support to over 40 million people and 50,000 organizations, including 96% of the Fortune 500. Its products, which include Grammarly Business, Grammarly Premium, and Grammarly for Education, are designed to help users write more clearly and effectively across more than 500,000 applications and websites. The company was founded in 2009 by Alex Shevchenko, Max Lytvyn, and Dmytro Lider. Initially focused on checking for spelling, grammar, and punctuation errors, the platform has since evolved into a comprehensive communication assistant that helps businesses and individuals achieve better results.
The company continues to expand its capabilities beyond core writing mechanics, signaling a forward-looking strategy focused on integrated and specialized AI tools. Recent announcements highlight this push, including the acquisitions of Coda and Superhuman and the launch of several new products. For marketing teams, Grammarly introduced MarketingHQ, a platform for managing campaigns with AI-powered workflows. For students, it released a new writing surface with a suite of AI agents designed to reduce stress and improve academic work. The company also rolled out new multilingual support, offering grammar corrections, paragraph rewrites, and in-line translation across 19 languages, with plans to add more capabilities in the future.
- General Catalyst
- IVP
- BlackRock
- Spark
- Baillie Gifford
- Co-Founder, Max Lytvyn
- Co-Founder, Alex Shevchenko
- Co-Founder, Dmytro Lider
Peer Group Comparison
Vs Peer Group of >$4B Startups
How Grammarly measures Up
To help you manage your Grammarly equity, Prospect has run the company through our machine learning model.
Prospect Rating
TBD
We are still gathering data and evaluating Grammarly. Check back soon for our rating and an estimate of its worth four years from now.
Exit Risk
TBD
We are still gathering data on Grammarly to train our machine learning model. Check back soon for our exit risk rating for Grammarly!
Funding Stage
Series C
Since Grammarly is in its Series C funding stage, it's an established company focused on scaling its business. This means you'll find more structure than at an early-stage startup while still having the opportunity to contribute to major growth.
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Grammarly worth joining?
Deciding whether to join a company like Grammarly depends on your personal career goals and risk tolerance. Platforms like Prospect can help you make an informed decision by providing data-driven analysis and projections on the potential value of startup equity.
What should I do with my Grammarly stock?
Managing your equity in a private company like Grammarly involves complex tax and financial planning to maximize its value. Using a platform like Prospect can help you model different scenarios and create a personalized strategy for your stock options or RSUs.
Can you sell Grammarly stock?
Selling stock in a private company like Grammarly is often possible through secondary markets, though it can be more complex than selling public stock. Tools like Prospect offer resources and data, including secondary market prices, to help you navigate this process and optimize your sale for taxes.
How can I find the value of my Grammarly stock?
Valuing stock in a private company is challenging since it isn't traded on a public exchange and its price isn't readily available. Prospect helps by using data models similar to those of top VCs, which consider factors like fundraising, growth metrics, and secondary market prices to project equity value.
What is Grammarly's equity worth?
The precise equity worth of a private company like Grammarly is not public information and is determined by its latest funding round valuation and market conditions. To get an independent projection of what your equity could be worth, you can use platforms like Prospect, which analyze private companies.
What is Grammarly's stock ticker symbol?
As a privately held company, Grammarly does not have a stock ticker symbol because it is not traded on a public stock exchange. A company is assigned a ticker symbol only when it undergoes an Initial Public Offering (IPO).
Can I buy or sell Grammarly stock?
Selling stock in a private company like Grammarly is sometimes possible on secondary markets, while buying is generally restricted to employees or accredited investors. While platforms like Prospect provide data to help you understand your equity's value, they do not act as a broker to facilitate these transactions.
What is the criteria to buy or invest in Grammarly stock?
Investing in a private company like Grammarly is typically limited to venture capital firms and accredited investors who meet specific SEC-defined income or net worth thresholds. Employees, however, can often acquire equity through their compensation packages without needing to meet these criteria.
