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

Finance AI Recommendation Index, October 2026 Edition, Cap table management. Zero of fourteen 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 | 2% | #7 of 10 | 24% | 29 | 13 of 14 |
| Fidelity Private Shares | 2% | #8 of 10 | 0% | 11 | 8 of 14 |

## The direct prompt, model by model

- GPT-5.4 mini: neither first, one named (first choices: Carta) (alternatives: Eqvista, Ledgy, Shareworks)
- DeepSeek V4 Flash: neither first, one named (first choices: Carta, Pulley) (alternatives: Shareworks)
- Qwen 3.7 Flash: neither first, one named (first choices: Carta) (alternatives: Pulley, Qapita, Shareworks)
- GLM 4.7 FlashX: neither first, one named (first choices: Carta) (alternatives: Fidelity Private Shares, Pulley, Qapita)
- MiniMax M2.5: neither first, one named (first choices: Cake Equity, Qapita) (alternatives: Carta, Shareworks)
- GPT-6 Luna: neither first, one named (first choices: Carta) (alternatives: Shareworks)
- Claude Haiku 4.5: neither named (first choices: Qapita) (alternatives: Cake Equity, Carta, Pulley)
- Gemini 3.5 Flash: neither named (first choices: Carta) (alternatives: Ledgy, Mantle, Qapita)
- Perplexity Sonar: neither named (first choices: Carta) (alternatives: Cake Equity, Pulley, Qapita)
- Grok 4.1 Fast: neither named (first choices: Carta) (alternatives: Ledgy, Pulley)
- Mistral Small: neither named (first choices: Qapita) (alternatives: Ledgy, Pulley)
- Llama 4 Maverick: neither named
- Kimi K2: neither named (first choices: Cake Equity, Pulley) (alternatives: Eqvista, Ledgy)
- Muse Glimmer 30B: neither named (first choices: Carta) (alternatives: Cake Equity, Ledgy, Qapita)

## What the models said about Shareworks

- "more appropriately sized than enterprise-first options like Shareworks / Morgan Stanley at Work... Choose Shareworks only if you are already at enterprise complexity" (Perplexity Sonar, paraphrase prompt, soft negative)
- "it's worth a caution for startups specifically ... clunky and overkill for pre-Series-B companies" (DeepSeek V4 Flash, negative prompt, soft negative)
- "If you are an early-stage or mid-stage startup, Shareworks is generally considered a poor fit." (Gemini 3.5 Flash, negative prompt, soft negative)
- "Shareworks by Morgan Stanley at Work is the mid-market to enterprise benchmark for compliance-oriented administration." (Muse Glimmer 30B, paraphrase prompt, first choice)
- "The traditional "enterprise" heavyweights. If you are actively on the road to an IPO within the next 12–18 months, these platforms excel ... though they can be slow to implement." (Gemini 3.5 Flash, scale prompt, alternative)
- "Choose Shareworks if you want a more enterprise/finance-led platform and can tolerate a heavier implementation." (GPT-5.4 mini, direct prompt, alternative)

## What the models said about Fidelity Private Shares

- "Choose Fidelity Private Shares if you are a brand new company, want institutional-grade legal compliance" (Gemini 3.5 Flash, budget prompt, first choice)
- "Highly rated, stable alternatives in the current market include Fidelity Private Shares (historically Shoobx)" (Gemini 3.5 Flash, negative prompt, alternative)
- "leaders like Ledgy or Fidelity Private Shares ... Fidelity Private Shares (<25 stakeholders)" (Grok 4.1 Fast, negative prompt, alternative)

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all fourteen 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.