Max Lytvyn
Overview
- Source of Wealth
- Software
- Industry
- Technology
- Residence
- San Francisco, California
- Education
- Vanderbilt University (Master of Business Administration)
Biography
Max Lytvyn cofounded popular grammar checking tool Grammarly in 2009 with Alex Shevchenko and Dmytro Lider; his current title is head of growth strategy.
The three Ukrainian-born entrepreneurs all worked together on Lytvyn and Shevchenko's previous startup, My Dropbox, a plagiarism detection service.
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, Grammarly raised $200 million at a $13 billion valuation from such investors as Baillie Gifford and BlackRock.
Forbes estimates that Lytvyn owns a 23% stake, which the company disputes, and that Grammarly is worth around $8 billion today.
About
Lytvyn was born and raised in Ukraine and later obtained Canadian citizenship.