Explore ways to buy Grammarly stock as we approach the Grammarly IPO date. Get access to select pre-IPO companies at Equitybee.
Grammarly IPO and Stock Recent News
03/09/2023: Introducing GrammarlyGO, New Generative A.I. Product
11/17/2021: Grammarly raises $200M at a $13B valuation
10/10/2019: Grammarly raises $90M at over $1B+ valuation
05/08/2017: Grammarly raises $110 million for a better spell check
What is Grammarly?
Grammarly is a cloud software-as-a-service (SaaS) company that uses A.I. and complex learning algorithms to assist writing. Think Microsoft Word’s spell and grammar checker on steroids.
The service analyzes sentences to determine correct grammar, spelling, clarity, tone, readability, plagiarism, and other factors to help improve writing without a human editor.
Grammarly also provides a generative A.I. writing assistance tool for escaping writer’s block and dozens of integrations with web browsers, websites, and other productivity software.
The company offers a limited free service and a premium subscription service for professionals or anyone looking to improve personal or published content. Your author is a long-time subscriber of the service and highly recommends it.
Grammarly is based in San Francisco, CA, but has founder origins and offices in Kyiv, Ukraine. It has been vocal in its repudiation of the Russian invasion of Ukraine.
This video demonstrates simple examples of how Grammarly improves tone by increasing the confidence and brevity of the text.
Is Grammarly Publicly Traded?
No. Grammarly is a private company.
Who Owns Grammarly?
Grammarly is a venture-backed startup.
The company has raised about $400 million in venture capital funding. It was founded in 2009 but didn’t raise its first funding round until 2017 due to a rare case of early profitability.
The latest round was completed in November 2021, raising $200 million.
Prominent venture capital investors include Baillie Gifford, BlackRock, Breyer Capital, Burst Capital, General Catalyst, IVP, SignalFire, Sozo Ventures, and Spark Capital.
The latest Grammarly valuation is estimated at $13 billion based on the most recent funding round completed in November 2021.
That month marked the peak of the IPO and SPAC euphoria, suggesting the current Grammarly valuation is likely below that number.
When is the Grammarly IPO Date?
The Grammarly IPO date has not been established. The company has not yet filed publicly for an IPO, confidentially or publicly.
With a tightly maintained equity stack, the venture capital investors currently engaged will likely have the patience to wait until the broader IPO apprehension subsides.
We’ll get clues about the IPO date when we learn about the hiring of an underwriter, an S-1 filing is submitted, or reporting discloses a Grammarly IPO date range.
What is the Grammarly Stock Price?
The Grammarly stock price doesn’t trade yet. It’s a private company. There is little indication of pre-IPO transactions that have occurred.
What is the Grammarly Stock Symbol? Grammarly Ticker?
We’ll learn the Grammarly stock symbol once the company files for an IPO via Form S-1 with the SEC. This could be months or years away.
However, we can speculate about what the Grammarly ticker will be.
Here are a few Grammarly stock symbol suggestions that are available in the U.S.:
Can You Buy Grammarly Stock on Pre-IPO Marketplaces?
The author has yet to see evidence of Grammarly stock availability on pre-IPO investing platforms. That doesn’t mean it hasn’t been available in the past or won’t be available in the future.
Having raised capital at a $13 billion Grammarly valuation, early employees or other investors may seek liquidity before the IPO.
Share availability varies among pre-IPO platforms.
Check out our list of top pre-IPO investing platforms to monitor share availability.
The SEC requires pre-IPO investors who buy stock directly to be accredited, meaning a net worth above $1 million (not including primary residence) or an income above $200,000 (or $300,000 with a spouse).
However, venture capital funds such as the Fundrise Innovation Fund and the ARK Venture Fund via Titan allow accredited or non-accredited investors to participate. Neither fund currently has Grammarly stock as a holding.
Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.
How to Buy Grammarly Stock
Most investors cannot own Grammarly stock via pre-IPO investing platforms because they require the investor to be accredited.
When the Grammarly IPO date arrives, it will still be difficult for most investors to acquire IPO shares.
The most likely way investors will be able to own Grammarly stock is to wait for the IPO and buy shares after the company goes public. There may be other opportunities to own the stock before the IPO.
Here are some potential options to own Grammarly stock before, during, and after the IPO.
1. Buy Grammarly Pre-IPO
Grammarly stock may become available on pre-IPO investing platforms before the IPO.
This happens when employees or other early investors want to liquidate a portion of their shares before the public offering.
Investors must be accredited to be eligible to buy pre-IPO shares directly.
It helps to be registered on pre-IPO investing platforms to receive notifications when shares become available.
Equitybee provides accredited investors access to pre-IPO startups by funding employee stock options. In exchange, investors gain a portion of the future stock value.
Investors can monitor alternative pre-IPO investing platforms such as Forge Global, EquityZen, and Linqto for share availability.
Accredited investors can expect to pay at least a $10,000 investment minimum if shares become available. It’s free to sign up for data and deal alerts.
Joining pre-IPO investing platforms is free. But each venue and deal may have a minimum investment amount, varying by the deal.
Non-accredited investors can own pre-IPO companies via venture capital funds targeted to retail investors. Venture capital funds are a new asset class that emerged in 2022.
The Fundrise Innovation Fund and the ARK Venture Fund (review) via Titan are the only options for non-accredited investors as of early 2023.
The author has yet to see Grammarly stock availability on any of the pre-IPO platforms mentioned above.
2. Buy Grammarly during the Grammarly IPO through a participating broker
IPO investors may find chances to invest during the initial public offering, acquiring shares at the IPO price before the company begins trading.
Formerly exclusive to Wall Street’s best customers, IPO access is now more attainable to retail investors.
Online brokers, including the ones listed below, give customers free access to IPOs, even with low account balances.
TradeStation has a more established track record of accessing more than 300 IPOs and secondary offerings via its partnership with ClickIPO.
But Robinhood and SoFi have the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs (such as Sweetgreen and Rivian).
Check out our list of best brokers for IPO investing to learn more about IPO access for retail investors.
3. Buy Grammarly stock after the Grammarly IPO
Though waiting for the IPO requires patience and can be frustrating, there are advantages to waiting for the stock to become publicly traded before owning.
The IPO allows investors to review more established financials after the first quarter of trading. Pre-IPO investing has limited financials available.
IPO stock prices typically rise with high-demand companies, but valuations can become exaggerated. Invest can benefit if you’re in early and sell when the price overheats but suffer if prices revert to fair valuations.
Many IPOs start with high-flying valuations. But often, the stock falls once the first and second-quarter earnings reports become available.
In 2021, both Rivian and Robinhood became high-flying IPO stocks. But six months after the IPO, both stocks were more than 80% below their price peak.
Stock price declines after the IPO can be excellent entry points for long-term disruptors.
Avoid buying overvalued shares immediately after the IPO. Shares often fall after the IPO due to lockup expirations and quarterly earnings disappointments.
However, the most disruptive companies will be higher in a decade. Patience pays.
Where is the Grammarly IPO S-1 Filing?
A Grammarly S-1 filing has yet to be released to the public, and there is no indication of a confidential filing. The document will become available if the company submits it to the SEC and the regulatory commission approves and releases it to the public.
We’ll post a copy of the S-1 filing on this page when it becomes available.
You can monitor the most recent S-1 IPO filings on this website.
Investors get excited when they identify companies riding extraordinary macroeconomic trends. Cloud SaaS companies with recurring annual revenue, like Grammarly, get much attention.
Though you may want to own the company, buying stock early on can often prove difficult for retail investors.
Pre-IPO investing platforms have opened more opportunities for retail buyers. But venture capital investing is still primarily reserved for the ultra-wealthy, requiring millions to invest in seed and early funding rounds for disruptive companies.
So if you decide to pursue IPO shares and early equity in Grammarly, maintain reasonable expectations. If you identify several favorite IPO companies, you may eventually be able to invest in some of your target companies if you monitor pre-IPO marketplaces and open accounts with brokers that offer free IPO access.
If Grammarly stock is on your watch list, good luck. Invest in pre-IPO and IPO companies with caution.
* Disclosure: The web page contains affiliate links from our partners. If a reader opens an account or buys a service from a link in this article, we may be compensated at no additional cost to the reader. Opening an account with a broker that provides access to IPOs does not guarantee the customer allocations of specific IPOs. The author is long the Fundrise Innovation Fund, ARK Venture Fund, and HOOD.
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