# Eqvista vs Fidelity Private Shares: which do AI models recommend for cap table management, September 2026

Finance AI Recommendation Index, September 2026 Edition, Cap table management. Zero of twelve models named Eqvista first on the direct prompt; zero named Fidelity Private Shares. Page: https://finance-ai-index.com/corporate/cap-table-management/eqvista-vs-fidelity-private-shares/

| | First-choice share | Rank | Negative rate | Labels | Models naming it |
|---|---|---|---|---|---|
| Eqvista | 12% | #3 of 8 | 0% | 35 | 12 of 12 |
| Fidelity Private Shares | 2% | #8 of 8 | 0% | 14 | 9 of 12 |

## The direct prompt, model by model

- GPT-5.4 mini: neither first, one named (first choices: Carta) (alternatives: Eqvista, Ledgy, Shareworks)
- Kimi K2: neither first, one named (first choices: Carta) (alternatives: Cake Equity, Eqvista, Ledgy, Pulley)
- Claude Haiku 4.5: neither named (first choices: Carta) (alternatives: Cake Equity, Pulley, Qapita)
- Gemini 3.5 Flash: neither named (first choices: Carta) (alternatives: ClosingWell, Ledgy, Pulley, Qapita)
- Perplexity Sonar: neither named (first choices: Carta) (alternatives: Qapita)
- Grok 4.1 Fast: neither named (first choices: Carta) (alternatives: Ledgy, Pulley)
- Mistral Small: neither named (first choices: Carta, Qapita)
- DeepSeek V4 Flash: neither named (first choices: Carta, Qapita) (alternatives: Ledgy)
- Llama 4 Maverick: neither named (first choices: Carta, Pulley, Qapita)
- Qwen 3.7 Flash: neither named (first choices: Carta) (alternatives: Pulley, Qapita)
- GLM 4.7 FlashX: neither named (first choices: Qapita) (alternatives: Cake Equity, Capshare, Mantle, Pulley)
- MiniMax M2.5: neither named (first choices: Carta, Shareworks) (alternatives: EquityZen, Ledgy)

## What the models said about Eqvista

- "Eqvista - G2’s #1 Equity Management Platform, provides comprehensive equity management with expert 409A valuations" (Llama 4 Maverick, paraphrase prompt, first choice)
- "Eqvista is typically the strongest budget pick because it's inexpensive and bundles 409A valuations" (DeepSeek V4 Flash, budget prompt, first choice)
- "I'd recommend starting with Carta Launch (free) or Eqvista (free up to 20)" (Kimi K2, budget prompt, first choice)

## What the models said about Fidelity Private Shares

- "starting with a free tier (Carta Launch or Fidelity Private Shares)" (DeepSeek V4 Flash, budget prompt, first choice)
- "Offers secure equity management with strong support and investor access for small and mid-market companies." (Llama 4 Maverick, paraphrase prompt, alternative)
- "Fidelity Private Shares (Free for <25 stakeholders and <$1M raised): Bank-backed reliability" (Grok 4.1 Fast, budget prompt, alternative)

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all twelve models, for a mid-market B2B company; rank is within the category. Comparisons are drawn for the top eight products in each category. Published under CC BY 4.0; the output is the models' output, and nothing here is a recommendation by the index.