Grammarly, the popular writing assistant service, has secured a massive $1 billion investment from General Catalyst to fuel its ambitious transformation into a comprehensive productivity platform. The funding will be used to expand its artificial intelligence capabilities and create new tools that streamline everyday communication for users. 💰 📚 ⚙️ Grammarly aims to make communication smoother and more efficient through the use of AI, enabling third-party developers to integrate their applications onto its expansive platform. 💻 This non-dilutive investment will see General Catalyst’s Customer Value Fund receive a capped return on revenue generated by increased customer engagement as a result of marketing and sales initiatives.