Grammarly raises $1B from GC's CVF to scale AI productivity platform

Grammarly, the AI-powered communication platform used by over 40 million people daily, has raised $1B in growth financing from GC’s Customer Value Fund (CVF). CVF reimagines customer acquisition cost as a growth asset and backs founders with the capital to scale boldly. This milestone investment reinforces GC’s long-standing conviction in Grammarly, dating back to 2017, and supports the company’s next chapter: scaling go-to-market, expanding through strategic M&A, and accelerating its transformation into an AI productivity platform for apps and agents—amplified by its recent acquisition of Coda. We’re proud to deepen our partnership with Shishir and the Grammarly team. Explore more in the comments. #AppliedAI