# Shareworks 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. One of twelve models named Shareworks first on the direct prompt; zero named Fidelity Private Shares. Page: https://finance-ai-index.com/corporate/cap-table-management/shareworks-vs-fidelity-private-shares/

| | First-choice share | Rank | Negative rate | Labels | Models naming it |
|---|---|---|---|---|---|
| Shareworks | 3% | #7 of 8 | 27% | 26 | 10 of 12 |
| Fidelity Private Shares | 2% | #8 of 8 | 0% | 14 | 9 of 12 |

## The direct prompt, model by model

- MiniMax M2.5: shareworks first (first choices: Carta, Shareworks) (alternatives: EquityZen, Ledgy)
- GPT-5.4 mini: neither first, one named (first choices: Carta) (alternatives: Eqvista, Ledgy, Shareworks)
- 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)
- Kimi K2: neither named (first choices: Carta) (alternatives: Cake Equity, Eqvista, Ledgy, Pulley)
- GLM 4.7 FlashX: neither named (first choices: Qapita) (alternatives: Cake Equity, Capshare, Mantle, Pulley)

## What the models said about Shareworks

- "treat any enterprise-level platform (Shareworks, Morgan Stanley) as a contract trap for early-stage companies" (DeepSeek V4 Flash, negative prompt, hard negative)
- "and Shareworks, which are overkill and overpriced for a budget-conscious company" (DeepSeek V4 Flash, budget prompt, hard negative)
- "### 3. The One to Skip (with a caveat): Shareworks by Morgan Stanley" (DeepSeek V4 Flash, paraphrase prompt, hard negative)
- "Carta or Shareworks are typically the most balanced choices" (MiniMax M2.5, direct prompt, first choice)
- "Strong for your profile, but quote-only pricing" (DeepSeek V4 Flash, scale prompt, first choice)
- "The gold standard if your company is actively planning an IPO within the next 12 to 24 months... generally considered heavy and slow" (Gemini 3.5 Flash, scale prompt, alternative)

## 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.