Grammarly Becomes a Multi-Product Company, Set to Change Its Positioning and Name

Grammarly’s new CEO, Shishir Mehrotra — founder of Coda — is leading the company’s transformation from a single-product to a multi-product company. He discussed this shift in an interview with Forbes.

“We believe that in the future, there will be several key players in the AI space. We want Grammarly to be one of the core companies bringing AI directly to users,” Mehrotra said, outlining his vision for the future of AI.

What Transformation Awaits Grammarly?

Grammarly, known to millions of users as a grammar-checking service, is evolving into a multi-product company. This move was part of the deal with Coda, which was finalized in January 2025.

Grammarly’s core product currently serves around 40 million daily users, with over 50,000 organizations and 3,000 universities among its clients. Its revenue stands at $700 million. In 2021, Grammarly became the most valuable startup with Ukrainian roots, reaching a valuation of $13 billion.

Now, the company’s ambition is to scale to the level of global tech giants, offering an ecosystem of AI tools to transform productivity and communication.

“Grammarly’s product is our original AI agent. Moving forward, we’ll be adding more agents to our platform. The core idea is to evolve Grammarly from a single product into a platform for multiple AI agents,” Mehrotra explained.

According to him, Grammarly aims to deliver AI directly into the tools people already use — Google Docs, Gmail, Slack, and mobile apps.

The company is preparing to change its positioning and name to reflect that the platform will now integrate multiple agents. The new brand has not yet been revealed.

“We’re currently working on a new company name. We’ve already chosen one, but we’re not ready to announce it yet. These changes will happen by the end of the year,” said Mehrotra.

This year, Grammarly made two major acquisitions: Coda, a collaborative document platform, and Superhuman, an email app. In May, the company raised $1 billion in funding, partly to support these deals — marking the largest fundraising in Ukrainian tech history.

Much of the development is being done in-house. Notably, the majority of the work is taking place in Ukraine — the new CEO says this is where they chose to establish and base the team developing AI agents.

Grammarly’s founders, Max Lytvyn and Alex Shevchenko, continue to play crucial leadership roles. Max leads growth, focusing on user acquisition and marketing, while Alex is one of the key figures in the product department, working closely with Chief Product Officer Noam Lovinsky on new product development. Both remain part of the executive team.

Recently, Grammarly announced the launch of eight specialized AI agents, designed to provide targeted support for writing tasks — from source discovery and plagiarism checks to predicting reader reactions and evaluating work against set criteria.