At PitchBook, we are always looking forward. We continue to innovate, evolve and invest in ourselves to bring out the best in everyone. We're deeply collaborative and thrive on the excitement, energy and fun that reverberates throughout the company. Our extensive mentorship, education and training programs help us create a culture of curiosity that pushes us to always find new solutions and better ways of doing things. The combination of a rapidly evolving industry and our high ambitions means there's going to be some ambiguity along the way, but we excel when we challenge ourselves. We're willing to take risks, fail fast and do it all over again in the pursuit of excellence.

At PitchBook, we are always looking forward. We continue to innovate, evolve and invest in ourselves to bring out the best in everyone. We're deeply collaborative and thrive on the excitement, energy and fun that reverberates throughout the company. Our extensive mentorship, education and training programs help us create a culture of curiosity that pushes us to always find new solutions and better ways of doing things. The combination of a rapidly evolving industry and our high ambitions means there's going to be some ambiguity along the way, but we excel when we challenge ourselves. We're willing to take risks, fail fast and do it all over again in the pursuit of excellence.

Grammarly, the developer of an AI-powered writing assistant, has raised over $200 million at a valuation of $13 billion, more than 5 times the company's previous value of $2.3 billion garnered two years ago, according to PitchBook data. Baillie Gifford participated in the round, as did funds and accounts managed by BlackRock. The financing brings Grammarly's total capital raised to $400 million, according to PitchBook data. Grammarly is now the highest valued company that is powered by natural language AI, according to Brendan Burke, a PitchBook analyst who covers artificial intelligence. The performance of natural language AI has improved significantly in recent years, especially after Google introduced a novel natural language programming method in late 2018, Burke said.