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@ TechCrunch
2025-05-30 00:38:23
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https://techcrunch.com/wp-content/uploads/2021/11/Grammarly-Abstract.jpg?resize=1200,632
Grammarly has secured a $1 billion commitment from General Catalyst. The 14-year-old writing assistant startup will use the new funds for its sales and marketing efforts, freeing up existing capital to make strategic acquisitions. Unlike a traditional venture round, General Catalyst will not receive an equity stake in the company in return for the investment. […]
https://techcrunch.com/2025/05/29/grammarly-secures-1b-in-non-dilutive-funding-from-general-catalyst/