Alex Shevchenko | $1B+
Get in touch with Alex Shevchenko | Alex Shevchenko is the co-founder of Grammarly, the AI-powered writing assistant used by millions worldwide. With a background in computer science and a passion for language, Shevchenko helped build one of the most successful Ukrainian-founded tech companies, revolutionizing digital communication through intelligent writing tools. His work bridges technology and human expression at scale.
Alex Shevchenko is the cofounder of popular grammar checking tool Grammarly and serves as product lead.
He launched the company in 2009 alongside fellow Ukrainian entrepreneurs Max Lytvyn and Dmytro Lider.
The trio had all worked together on Lytvyn and Shevchenko's previous startup, My Dropbox, a plagiarism detector.
Initially programmed as a service to help students with their grammar and spelling, Grammarly claims it is used by over 30 million people and 70,000 professional teams today.
In November 2021, it raised $200 million at a $13 billion valuation from investors including Baillie Gifford and BlackRock.
Forbes estimates that Shevchenko owns a 23% stake, which the company disputes, and that Grammarly is worth around $8 billion today.
Grammarly is an American English language writing assistant software tool. It reviews the spelling, grammar, and tone of a piece of writing as well as identifying possible instances of plagiarism. It can also suggest style and tonal recommendations to users and produce writing from prompts with its generative AI capabilities.
Grammarly
Original author(s) Alex Shevchenko, Max Lytvyn, and Dmytro Lider[1][2]
Developer(s) Grammarly Inc.
Initial release July 1, 2009; 16 years ago[3]
Operating system Windows, macOS, Linux, Android, iOS, various web browsers
Available in
American English
British English
Canadian English
Australian English
Indian English
Type Online text editor, browser extension, and mobile app with grammar checker, spell checker, and plagiarism detector
License Proprietary software
Website grammarly.com
Grammarly was developed in Ukraine and launched in 2009 by Alex Shevchenko [uk], Max Lytvyn [uk], and Dmytro Lider. It is available as a standalone application; a browser extension for Chrome, Safari, and Firefox; and as an add-on for Google Docs.
Grammarly is developed by Grammarly Inc., which is headquartered in San Francisco and has offices in Kyiv, New York, and Vancouver.
Contents
History
Grammarly was founded in 2009 by Max Lytvyn, Alex Shevchenko, and Dmytro Lider.[4] The company initially offered a subscription-based product intended to help students improve their grammar and spelling.[5] That product was subsequently developed into a writing assistant that checks the grammar, spelling, and tone of a piece of writing.[5][6][7]
By 2015, Grammarly had one million active daily users.[8] That same year, it began offering its flagship product via a freemium model that allowed all users access to the product's basic capabilities while placing more sophisticated features like style recommendations and plagiarism detection behind a paywall.[9][10] It also launched a browser extension for Chrome, Safari, and Firefox, as well as an add-on for Google Docs.[10]
In 2017, Grammarly raised $110 million in its first funding round.[11]
In 2019, Grammarly added a tone detector to its writing assistant. This tool uses set rules and machine-learning to help users gauge the character of their writing and tailor it to a particular audience.[12][13] That same year, the company held a second funding round, raising $90 million.[10] In 2020, Grammarly made its first investment in an outside company, participating in a $10 million funding round for Docugami, a company working on AI-driven document generation.[14] In 2021, Grammarly raised another $200 million, at a total valuation of $13 billion, via its third funding round.[15] By this point, Grammarly had approximately 30 million users.[16]
Following the 2022 Russian invasion of Ukraine, Grammarly ceased all business operations in Russia and Belarus. The company also announced that it would donate all the net revenue it had earned in Russia and Belarus since 2014, about $5 million, to Ukrainian humanitarian groups.[17][18] Additionally, the company paid the salaries of Ukrainians who left their jobs at Grammarly to join the nation's army[19] and made its product free for Ukrainian journalists publishing news about the war in English.[17]
In April 2023, Grammarly launched a product using generative AI built on the GPT-3 large language models.[20] The software can generate and rewrite content based on prompts.[21] It can also generate topic ideas and outlines for written content such as blog posts and academic essays.[22] It has been trained on an anonymized library of business writing and is capable of suggesting clarifying edits and additions to work communications such as emails and chat messages.[23] In September 2024, Grammarly announced the release of its Authorship tool, which attempts to identify the original source of a passage of text. It then designates the passage as written by the text's author, lifted from another source, or generated by AI.[24][25] It's not clear to what extent such tools work.[26][27]
In July 2024, Grammarly donated approximately $500,000 to help rebuild Okhmatdyt children's hospital after the building was damaged by a Russian missile strike.[28][29]
In December 2024, Grammarly announced that it was acquiring the productivity startup Coda.[30] As part of the deal, Coda CEO Shishir Mehrotra replaced Rahul Roy-Chowdhury as Grammarly's CEO.[31]
In May 2025, Grammarly announced it raised $1 billion in nondilutive funding from General Catalyst.[32]
In July 2025, Grammarly announced that it was acquiring the email client Superhuman.[33]
Vulnerabilities
In early 2018, Tavis Ormandy, a security researcher at Google who was formerly part of Google's Project Zero team,[34] discovered a severe vulnerability in Grammarly's browser extension, which exposed authentication tokens to websites and potentially allowed them to access the users' documents and other data.[35] A few hours later, the company released a hotfix and reported that it found no evidence of compromised user data.[36] This vulnerability was registered as CVE-2018-6654 in the Common Vulnerabilities and Exposures database.[37] Later in December, Grammarly launched a bug bounty program on HackerOne, offering a US$100,000 reward to the first white hat hacker to access a specific document on the company's server.[38]
Reception
Reviewers have praised Grammarly for its ease of use and helpful suggestions, considering it worthwhile despite its relatively high price and lack of offline functionality.[39] Conversely, some users have criticized Grammarly for incorrect suggestions, ignorance of tone and context, and reduction of writers' freedom of expression.[40][41]
Documents whose contents have been corrected via Grammarly have occasionally been accused by detection engines such as Turnitin of being partially or entirely AI-generated.[42] Schools are struggling to develop rules about its use that are consistent and fair, with some teachers recommending Grammarly to all of their students and others rejecting it.[43][44]
Grammarly Inc.
Grammarly Inc.
IndustrySoftware, Artificial intelligence
Founded2009[8]
FoundersAlex Shevchenko, Max Lytvyn, and Dmytro Lider[8]
HeadquartersSan Francisco, CA[17]
Key peopleShishir Mehrotra (CEO)[31]
Grammarly Inc., the privately held company[45] that develops Grammarly, is headquartered in San Francisco.[46] It has additional offices in Kyiv, New York, and Vancouver.[47] Grammarly Inc. is led by Shishir Mehrotra, who became the company's CEO in 2024.[
Join UHNWI direct Affiliate Program
Earn Passive Income by Sharing Verified Contact Information of Billionaires, Centi-Millionaires, and Multi-Millionaires on the UHNWI Direct Platform
Maximize your earnings potential by sharing direct and validated contact information of the ultra-wealthy, including billionaires, centi-millionaires, and multi-millionaires. Join the UHNWI Direct platform and tap into a lucrative passive income stream by providing valuable data to those seeking high-net-worth connections. Start earning today with UHNWI Direct.
You may also be interested in reviewing other UHNWIs profiles.
To find the person you want to contact, start typing their name or other relevant tags in the search bar.
Please note: Our database contains over 10,000 direct contacts of UHNWIs, and it is highly likely that the individual you are seeking is already included. However, creating individual profiles for each contact is a meticulous and time-intensive process, So, if you are unable to find the profile of the individual you are looking for, please click here.
Filter by Net Worth: All | Billionaires | Centi-Millionaires | Multi-Millionaires
Filter by Location: All | USA | Canada | Europe | UK | Russia & CIS | Asia | MEIA | Australia | Latin America
Filter by Age: 1920-1930 | 1930-1940 | 1940-1950 | 1950-1960 | 1960-1970 | 1970-1980 | 1980-1990 | 1990-2000
Related People
UHNWI direct
