Fidelity Private Shares is an equity management platform tailored for Delaware corporations. It helps companies and investors automate and securely manage legal documents related to equity and corporate governance throughout the company lifecycle. The platform supports both startups and established companies, facilitating activities from incorporation and equity granting to fundraising rounds and exit events.

Key features include cap table management, which offers a real-time stock ledger linked to related documents for efficient operations and accurate reporting. It also provides integrated third-party 409A valuation services to establish Fair Market Value for stock options. Additionally, the platform simplifies fundraising with industry-standard documents and electronic signatures, while consolidating governance and documentation into a collaborative system.

As part of Fidelity Investments, Fidelity Private Shares leverages over 20 years of equity management experience to enhance transparency and trust in the private market. It serves founders, executives, investors, and legal professionals, modernizing corporate activities and allowing legal counsel to focus on higher-value work.