Alex Shevchenko
Overview
- Source of Wealth
- Software
- Industry
- Technology
- Residence
- San Francisco, California
- Education
- University of Toronto (Master of Business Administration)
Biography
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.
About
Shevchenko was raised in the Ukraine, attended graduate school in Toronto and obtained Canadian citizenship.