Ginger Software
Latest round
- Series D
Last raised
- Aug 2012
Total raised
- $12M
Investors
- 3
About Ginger Software
Ginger Software is focused on delivering writing assistance through a suite of tools. The company is headquartered in Lexington, US. In May 2014, Intel Corporation acquired certain assets of Ginger Software for USD 30 mn, marking a significant business development.Ginger Software specializes in AI-driven writing assistance tools designed to enhance English grammar, style, and creativity. The company's core offerings include a comprehensive grammar checker, sentence rephraser, and translation services, all of which are integrated into a user-friendly platform. The writing assistant provides context-sensitive corrections by analyzing complete sentences, thus facilitating quicker composition of emails, documents, and other written materials. Ginger's products cater to a diverse clientele, including individual users, businesses looking to enhance their customer communications, and educational institutions aiming to improve students' writing skills.Ginger Software's revenue is primarily generated through subscription-based models for its premium services, which include enhanced features not available in the free version of its writing assistant. The company offers various pricing plans targeted at different segments, including individual users, educational institutions, and businesses. For instance, businesses can access specialized tools through Ginger for Business, which is designed to improve customer interactions and communication quality. In educational settings, Ginger for Education provides institutions with the resources needed to support students' writing development. Revenue transactions occur directly with consumers and institutions, with clients subscribing to annual or monthly plans for continued access to Ginger's premium functionalities.In May 2014, Intel Corporation acquired certain assets of Ginger Software, including a platform for third parties to create customized personal assistants, for USD 30 mn. Following this acquisition, Ginger Software plans to leverage its new resources to enhance its product offerings further. The company aims to expand its presence in emerging markets in Asia and South America by 2025, targeting educational institutions and businesses to drive user adoption.
Who invested in Ginger Software
3 investors across 2 rounds
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Questions about Ginger Software
Who invested in Ginger Software?
Ginger Software has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ginger Software raised?
Ginger Software has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Ginger Software last raise money?
Ginger Software's most recent round on record is a Series D, in Aug 2012.
What does Ginger Software do?
Ginger Software is focused on delivering writing assistance through a suite of tools.
Where is Ginger Software headquartered?
Ginger Software is headquartered in Lexington, US.
Which VCs invest in companies like Ginger Software?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ginger Software's stage. Their profiles are linked below.
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