Fidelity Private Shares

Fidelity Private Shares LLC is an equity management and legal automation platform designed to help private companies, startups, founders, and investors manage equity operations, corporate governance, and fundraising activities throughout the entire company lifecycle from incorporation to exit. The company is part of Fidelity Investments' Stock Plan... Services business, which serves as a leading provider of equity compensation plan recordkeeping and administration services to nearly 800 companies with 2.8 million plan participants, totaling over 300 billion dollars in plan value. Headquartered at 245 Summer Street in Boston, Massachusetts, Fidelity Private Shares was established following Fidelity's acquisition of Shoobx, an equity management solutions provider, and was rebranded to reflect Fidelity's commitment to serving the startup ecosystem. The platform provides comprehensive equity management solutions exclusively for Delaware C Corporations, offering automated workflows that generate, execute, and store legal documents while maintaining accurate capitalization tables and stock ledgers. Fidelity Private Shares enables companies to manage over 50 different workflows including incorporation services starting at 400 dollars, equity grants for employees and advisors, SAFE and convertible note issuances, board and stockholder management, fundraising automation, and corporate governance documentation. The platform features an automated data room that instantly organizes documents with customized permissioning, real-time cap table management with smart-linking to legal documents, scenario modeling tools for planning future funding rounds, integrated 409A valuations from industry-vetted providers, and comprehensive HR tools for employee onboarding and equity compensation tracking. Fidelity Private Shares serves private companies at all stages of development, from early-stage startups to companies preparing for exits or initial public offerings, as well as venture capital investors managing portfolio companies. The ...Read More