E168 - CFO Grammarly – behind their $1 billion in non-dilutive financing and how we do FP&A

Matt Hudson became CFO of Grammarly – the popular writing assistant tool –  after the company acquired Coda (a productivity tool)- of which he was a founding member.  Now as CFO at Grammarly he is overseeing rapid change at the company which has over 40 million daily active users and $700m in revenue (and a 50 person finance team). Finance is helping pioneer a company vision of  AI redefining every business application and workflow, “reinventing productivity”. To this end, in May 2025, Grammarly raised $1 billion in non-dilutive financing from General Catalyst to fund sales and marketing costs and strategic acquisitions. Since then, Grammarly acquired em...