# Fidelity Private Shares: how AI models rank it, November 2026

Gane Index, November 2026 Edition. Named in 17 judge labels across 1 category by 12 of 14 models. Page: https://www.gane.ai/index/finance/vendors/fidelity-private-shares

## Standing by category

| Category | Share | Rank | Negative rate | Labels |
|---|---|---|---|---|
| [Cap table management](https://www.gane.ai/index/finance/corporate/cap-table-management/index.md) | 5% | 5 | 0% | 17 |

## What the models said for it

- "Fidelity Private Shares is the best free cap table tool for most early-stage founders in 2026" (Muse Glimmer 30B, Cap table management)
- "For most early-stage founders, Fidelity Private Shares is the best free option" (Mistral Small, Cap table management)
- "### 1. Fidelity Private Shares (Best Overall Free Option)" (GLM 4.7 FlashX, Cap table management)
- "A strong option for companies wanting the backing of an established financial institution with a free entry tier." (Gemini 3.5 Flash, Cap table management)

## By model

| Model | First choice | Alternative | Mention | Warning | Labels |
|---|---|---|---|---|---|
| Claude Haiku 4.5 | 0 | 1 | 0 | 0 | 1 |
| GPT-5.4 mini | 0 | 0 | 0 | 0 | 0 |
| Gemini 3.5 Flash | 0 | 1 | 0 | 0 | 1 |
| Perplexity Sonar | 0 | 0 | 1 | 0 | 1 |
| Grok 4.20 | 0 | 1 | 1 | 0 | 2 |
| Mistral Small | 1 | 1 | 0 | 0 | 2 |
| DeepSeek V4 Flash | 0 | 1 | 0 | 0 | 1 |
| Llama 4 Maverick | 0 | 0 | 0 | 0 | 0 |
| Qwen 3.7 Flash | 0 | 1 | 0 | 0 | 1 |
| Kimi K2 | 0 | 1 | 0 | 0 | 1 |
| GLM 4.7 FlashX | 1 | 1 | 0 | 0 | 2 |
| MiniMax M2.5 | 0 | 2 | 0 | 0 | 2 |
| GPT-6 Luna | 0 | 1 | 0 | 0 | 1 |
| Muse Glimmer 30B | 1 | 0 | 1 | 0 | 2 |

## Sources returned with these answers

The sites and pages cited by the answers that named Fidelity Private Shares, from 40 of the 40 answers that named it (only the models that return a source list).

### Domains cited

- valueaddvc.com: 28
- equitylist.co: 27
- waveup.com: 23
- qapita.com: 21
- cakeequity.com: 15
- carta.com: 15
- resources.rework.com: 15
- vcbeast.com: 14
- capboard.io: 13
- frontdeskreview.com: 11

### Pages cited

- https://waveup.com/blog/best-cap-table-management-software: 23
- https://valueaddvc.com/blog/best-cap-table-management-tools-in-2026-carta-pulley-angellist-capdesk-ranked: 22
- https://equitylist.co/blog-post/best-cap-table-software-2024: 20
- https://qapita.com/blog/best-cap-table-management-software: 19
- https://vcbeast.com/best-cap-table-management: 14
- https://resources.rework.com/tools/equity-cap-table/best-cap-table-software-2026: 12
- https://cakeequity.com/guides/best-cap-table-software: 10
- https://frontdeskreview.com/best/cap-table-management: 10

## In its own words

What Fidelity Private Shares's own pages state, read 2026-09-28. Stated by the vendor, not checked by the index.

- Positioning: a trusted equity management platform for private companies at every stage of growth (https://fidelityprivateshares.com/)
- For: private companies at every stage of growth (https://fidelityprivateshares.com/)
- Price stated: Launch (Free); Startup; Growth; Scale (https://www.fidelityprivateshares.com/pricing)
- Starting price: 0 (https://www.fidelityprivateshares.com/pricing)
- Free plan or trial: Launch (Free) (https://www.fidelityprivateshares.com/pricing)
- Certifications: ISO 27001, ISO 27017
- Customers named: Rugged Robotics, Howell Legal, Burrow, Firefly Health, Day Zero Diagnostics

## What it publishes

Every page fidelityprivateshares.com exposes, read 2026-09-29: 470 addresses. By kind, pages and the last 90 days:

- blog: 220 pages, 0 in the last 90 days, latest 2026-05-01
- case study: 5 pages, 0 in the last 90 days, latest undated
- report or ebook: 10 pages, 0 in the last 90 days, latest undated
- comparison: 3 pages, 0 in the last 90 days, latest undated
- template or tool: 3 pages, 0 in the last 90 days, latest 2025-09-25
- glossary or explainer: 16 pages, 0 in the last 90 days, latest 2025-11-21
- news or press: 1 pages, 0 in the last 90 days, latest undated
- Recent: 2026-05-01 blog: How to structure a data room for smooth due diligence https://www.fidelityprivateshares.com/blog/how-to-structure-a-data-room-for-smooth-due-diligence
- Recent: 2026-04-07 blog: How to manage your startup cap table best practices for 2026 https://www.fidelityprivateshares.com/blog/how-to-manage-your-startup-cap-table-best-practices-for-2026
- Recent: 2026-03-27 blog: Venture capital in 2026 what the latest data reveals for founders https://www.fidelityprivateshares.com/blog/venture-capital-in-2026-what-the-latest-data-reveals-for-founders
- Recent: 2026-03-12 blog: What does vesting shares mean https://www.fidelityprivateshares.com/blog/what-does-vesting-shares-mean
- Recent: 2026-03-10 blog: The Startup CFO Landscape in 2026 https://www.fidelityprivateshares.com/blog/the-startup-cfo-landscape-in-2026
- Recent: 2026-03-09 blog: How to improve investor relations with an equity management platform https://www.fidelityprivateshares.com/blog/how-to-improve-investor-relations-with-an-equity-management-platform

## Record

- Method: https://www.gane.ai/index/finance/methodology
- License: CC BY 4.0. Cite as Gane Index, November 2026 Edition, www.gane.ai/index/finance.