Ever wondered how and by whom the typos gets fixed when you type on your mobile phones? Who is the mastermind behind this life savior feature or application- the American headquartered writing assistant Grammarly founded by Max Lytvyn and Alex Shevchenko who are apparently worth $2.4 billion are the people behind this.
Initially started by three Ukrainians in the year 2009, Grammarly has more than 600 employees working with more than half a million applications to cultivate and look into approximately 14 trillion words a year for its huge set of 30 million audience and daily active users worldwide. Grammarly uses machine learning to assist with the basic writing, spell-check, grammar, context and tone of language as well. It increased its valuation to $13 billion in a funding deal, placing it among the 10 most-valuable startups in the U.S. in November 2021. The company also raised funds worth over $200 million at a valuation of $13 billion in a fresh funding round led by investors like Baillie Gifford and funds and accounts managed by BlackRock. Since the time it was launched Grammarly has come up and built numerous other products including Grammarly Business which catalyzes the large companies across various functions including sales and marketing along with some of its other services that include plagiarism detection.
Grammarly recently started off with a partnership with the leading brand- Samsung Electronics wherein Grammarly’s writing suggestion will be incorporated and integrated with Samsung’s smartphone keyboard which will in turn enable users to use Grammarly without installing the application.
With the sheer dedication and hard work of it’s employees and founders, Grammarly has reached the epitome of success and we wish to see it on much more bigger platforms in the near future!
