The grafting of polymers onto graphene oxide (GO) was achieved by two process: (1) cationic polymerization initiated by carboxyl (COOH) groups on GO and (2) anionic alternating copolymerization of epoxides with cyclic acid anhydrides initiated by potassium carboxylate (COOK) groups on GO. The cationic polymerizations of isobutyl vinyl ether and N-vinylcarbazole were successfully initiated by COOH groups on GO to give the corresponding polymer-grafted GO. The cationic polymerization was considered to be initiated by proton addition from COOH groups to monomer and propagation of polymer cation proceeds with carboxylate anion as a counter ion. It was found that the corresponding polymer was successfully grafted onto GO based on the termination reaction of growing polymer cation and surface counter carboxylate anion. On the other hand, the anionic ring-opening alternating copolymerization of epoxide and cyclic acid anhydrides were also initiated by COOK groups on GO, which were previously introduced onto GO by the neutralization of COOH groups with KOH. During the anionic ring-opening copolymerization of styrene oxide (SO) with phthalic anhydride (PAn) and maleic anhydride (MAn), the corresponding polyesters, poly(SO-alt-PAn) and poly(SO-alt-MAn), were successfully grafted onto GO, based on the propagation of the polyesters from COOK groups. The grafting of polymers onto GO during the above cationic and anionic polymerizations was confirmed by thermal decomposition gas chromatogram/mass spectrum. The untreated GO in THF was immediately precipitated within 15min. On the contrary, these polymer-grafted GOs gave stable dispersions in THF and no precipitation of polymer-grafted GOs was observed even after oneweek.