- So far, Grammarly has reportedly raised US$ 400 million in various funding rounds.
- On Wednesday, May 4, potential investors were most likely looking for the Grammarly IPO plans.
- The popular auto-editing tool provider raised US$ 200 million in November last year and reportedly achieved a valuation of US$ 13 billion.
The initial public offering (IPO) market has remained weak this year compared to 2021. However, that does not mean that it does not attract potential investors.
On Wednesday, May 4, potential investors were most likely looking for the Grammarly IPO plans. The California-based artificial intelligence (AI) company provides software to fix typing errors, grammar, spelling, and delivery mistakes.