Grammarly to acquire email startup Superhuman in AI platform push

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Grammarly has signed a deal to acquire email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told Reuters in an interview.

The San Francisco-based companies declined to disclose the financial terms of the deal. Superhuman, once an exclusive email tool boasting a long waitlist for new users, was last valued at $825 million in 2021, and currently has an annual revenue of about $35 million. Grammarly’s acquisition of Superhuman follows its



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Grammarly to acquire email startup Superhuman in AI platform push



Grammarly has signed a deal to acquire email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told Reuters in an interview.

The San Francisco-based companies declined to disclose the financial terms of the deal. Superhuman, once an exclusive email tool boasting a long waitlist for new users, was last valued at $825 million in 2021, and currently has an annual revenue of about $35 million. Grammarly’s acquisition of Superhuman follows its



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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