Grammarly Expands AI Suite with Acquisition of Productivity Startup Coda

Mehrotra, bringing over 25 years of tech experience, outlined his vision for a more interconnected and intelligent Grammarly in a blog post. He imagines an enhanced AI assistant that integrates seamlessly with a user's existing digital tools—from emails and documents to CRM systems and project trackers—offering smarter, context-aware suggestions. Founded in 2009, Grammarly has grown to serve 40 million active users and boasts a valuation of $13 billion. Coda, valued at $1.4 billion in 2021 following a Series D funding round, has been noted for its innovative approach to dynamic document creation and management.

The acquisition places Grammarly in a strong position within the increasingly competitive market of AI tools for writing and productivity. This strategic move not only enhances Grammarly's functionality but also broadens its appeal to a wider audience seeking more sophisticated, AI-powered productivity solutions.