Can You Buy Grammarly Stock Pre-IPO? Here's What You Need to Know

Grammarly was founded in 2009 by Max Lytvyn, Alex Shevchenko, and Dmytro Lider. The idea for Grammarly stemmed from the trio's previous venture, a plagiarism detection service.

After noticing how often users unintentionally included plagiarized content, they set out to build a tool that helps people communicate their ideas clearly and confidently. What began as a subscription grammar checker for students eventually expanded into a freemium browser extension and cloud editor that integrates with Gmail, Google Docs, and Microsoft Office.

Today Grammarly serves more than 40 million individual users and 50,000 business accounts, with especially strong adoption among non-native English speakers who rely on it for academic and professional writing. With its growing user base and increasing role in everyday communication, many investors are curious whether they can buy Grammarly stock now or in the future.

Is Grammarly publicly traded?

No, Grammarly is not publicly traded. It is a private, venture-backed company. This means its stock is not available for purchase on public exchanges like the New York Stock Exchange or the Nasdaq Stock Exchange.

While Grammarly is not publicly traded, accredited investors can buy and sell shares in the private market. These secondary markets allow for the trading of private company stock before an initial public offering (IPO). However, for most retail investors, it is not possible to purchase shares of Grammarly at this time.

When will Grammarly IPO?

Grammarly is currently a private company and has not announced a specific date for an IPO. While the company was valued at $13 billion in its last funding round in November 2021, and some reports suggest that an IPO could be a future goal, it is not actively pursuing one at this time.

An S-1 filing required for an IPO has not yet been submitted. Co-founder Max Lytvyn said in a July 2023 interview that the company was ready to go public, but it didn't see any immediate need to pursue that route.

Is Grammarly profitable?

Yes, Grammarly is a profitable company. However, it's privately held, so exact figures are not available.

Grammarly has delivered consistent revenue growth, surpassing $700 million in annual revenue as of 2025, with a mix of consumer and enterprise customers. Grammarly's profile as a profitable company is further supported by its ability to secure significant funding, like the recent $1 billion non-dilutive round.

The company has been ramping up its investments in AI in the last few years. In December 2024, Grammarly acquired Coda, an AI productivity platform. Coda's tools, such as Coda Docs and Coda Brain, expanded Grammarly's capabilities beyond writing assistance into areas like knowledge management, document creation, and collaborative workspaces.

The acquisition resulted in Coda CEO Shishir Mehrotra becoming the new CEO of Grammarly. In July 2025, Grammarly acquired Superhuman, an AI-powered email client designed to enhance email efficiency. The acquisition aims to integrate AI agents into email workflows, enabling users to streamline tasks such as email composition, scheduling, and information retrieval.

The company also secured $1 billion in non-dilutive financing from General Catalyst in May 2025, a move that doesn't affect its valuation or its existing shareholders. This development also suggests that Grammarly has ample resources for growth and isn't facing pressure to go public in the immediate future.

The recent funding round is intended to continue fueling Grammarly's platform shift from a writing assistant to a broader AI productivity platform, including future strategic acquisitions.

Alternatives to Grammarly

Grammarly is a privately held company, meaning its stock is not available for purchase on public stock exchanges. To invest in Grammarly, you must be an accredited investor or an institutional investor. However, there are some publicly traded alternatives to consider.

Microsoft

Microsoft is primarily known for its software, like the Windows operating system and the Microsoft Office suite (which includes Word, Excel, and PowerPoint). It's also known for its market-leading cloud computing services (Azure), the Xbox gaming consoles, and the Edge web browser.

Microsoft also offers Microsoft Editor and Copilot, which directly compete with Grammarly's core grammar-checking, spelling, and style-suggestion features. For users already subscribed to Microsoft 365, Microsoft Editor is essentially a free addition that offers grammar and spell checking, which could be a significant cost advantage compared to Grammarly's premium plans.

Microsoft's financial performance in fiscal year 2025 was exceptional, with revenue reaching $281.7 billion, a 15% increase year over year, and net income of $101.8 billion (up 16%).

Alphabet

Alphabet's Google boasts a suite of products, like Google Docs and Gmail, that increasingly offer integrated AI-powered writing assistance, including grammar checks, spelling corrections, and even AI-powered composition features. While Grammarly is solely focused on AI-enhanced writing assistance, Alphabet's integration of similar features into its widely used Workspace products directly competes for users who might otherwise turn to Grammarly.

Alphabet, with its vast resources and market dominance across various tech sectors (search, cloud, advertising), is well positioned to compete with companies like Grammarly by integrating AI writing features into its existing services and potentially even expanding its offerings further into the writing assistance space.

Alphabet's consolidated revenue increased 14% year over year to $96.4 billion in the second quarter of 2025, with Google Cloud revenues surging 32% year over year. Net income increased 19%, and earnings per share (EPS) rose 22% to $2.31 in the quarter. Alphabet is aggressively investing in AI infrastructure and cloud expansion and revised its capital expenditures forecast to as much as $85 billion for 2025.

Adobe

Adobe (ADBE -1.50%) is known for its suite of creative software, including tools for publishing, design, and technical communication. Adobe Acrobat Pro now includes an AI assistant that can summarize documents and answer questions, which could indicate a more concerted move toward incorporating writing-focused AI features within Adobe's existing products.

An investment in Adobe can provide investors with exposure to a broader range of creative and business applications, potentially offering more diversification than a company solely focused on grammar and writing assistance. Adobe's Q2 2025 revenue reached $5.87 billion, an 11% increase year over year, and non-GAAP (generally accepted accounting principles) EPS hit $5.06, a 13% spike.

How to buy stocks similar to Grammarly

If you want to buy shares of any of the stocks listed above, here's what you need to do.

1. Open your brokerage app: Log in to your brokerage account where you handle your investments.
2. Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
3. Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
4. Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
5. Submit your order: Confirm the details and submit your buy order.
6. Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

ETFs with exposure to Grammarly

Grammarly is not a publicly traded company and does not have its own stock or stock held in exchange-traded funds (ETFs). However, some ETFs might have indirect exposure to Grammarly through their investments in companies that are involved with or have investments in the AI and productivity software sector where Grammarly operates.

For example, some ETFs that provide exposure to Alphabet, Microsoft, and/or Adobe include Invesco QQQ Trust (QQQ -1.67%), iShares U.S. Technology ETF (IYW -1.39%), and the Roundhill Generative AI & Technology ETF (CHAT -1.77%).

Should you invest in Grammarly?

While it's not likely imminent, a Grammarly IPO remains a possibility based on comments from company leadership. Grammarly faces competition from established players and products, like Microsoft Editor and Google's AI features, as well as emerging large language models (LLMs) like OpenAI's ChatGPT.

The widespread availability of powerful LLMs could devalue Grammarly's core offerings, even as big names like Microsoft and Google integrate AI features so seamlessly into their products that users see little need for Grammarly.

For now, investing in companies like Alphabet, Microsoft, or Adobe could offer investors the chance to gain exposure to areas of Grammarly's target market while putting cash into large, profitable businesses.

The bottom line on Grammarly

Grammarly is a successful and profitable private company with strong investor backing and a growing user base. However, direct investment is limited to accredited investors at this time.

The company is actively expanding its offerings to address the evolving AI landscape and faces competitive pressures and execution risks as it transitions into a broader productivity platform. For investors who want to gain exposure to this space, there are numerous established and publicly traded players to consider.

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