Astrella vs Fidelity Private Shares

Astrella manages cap tables and employee stock plan ownership data for privately held companies. Its automated cap table system is customizable for finance departments, while equity tracking covers grants, vesting schedules and settlement. Users can simulate financing rounds and exits, and stock plan management supports ASC-718 reporting requirements. The platform supports stock options, RSAs, PIUs, RSUs, convertibles, warrants and SAFEs, with advanced vesting rules, valuation support, tax reporting and an employee portal. BoardNotes records, transcribes and stores meeting minutes in the Astrella ledger; a document vault holds company documents and resources. Astrella says its private immutable audit trails preserve audit and transaction records. Employees and investors can access holdings through a mobile app, and named integration partners include Box, CharliAI, EquityZen and Derivatas. The company offers technical platform support and financial consulting. Astrella runs on Android, iOS and web, and offers a 30 day trial for startups and growth companies. Plans cost $1,200 a year for 0–25 stakeholders, $3,200 a year for 26–100, and $8,200 a year for 101–300. Custom pricing is unlisted for 300 stakeholders and above.

Fidelity Private Shares is a web-based equity management platform for private companies, covering ownership, governance and fundraising from early rounds through IPO. Its cap table tracks grants, SAFEs, notes and preferred shares, with entries linked to supporting legal documents in a data room. Files are organized there, and missing documents are flagged. Scenario tools model dilution and possible financing or exit outcomes; a next-round planner can export pro forma results. Custom permissions let employees, lawyers, auditors and investors access relevant equity information and diligence materials. Reports include grant history, transfers, option overhang, 83(b) and ASC 718. The free Launch plan includes cap table management, equity plan generation, a data room, board consents, scenario modeling, standard reporting, 83(b) generation, Rule 701 exemption checks and electronic securities. Launch is limited to up to 25 stakeholders and companies that have raised less than $1M. Growth and Scale subscriptions include HRIS integration, and Gusto is listed for syncing equity, HR and payroll information. The maker describes the platform as serving founders and operators, legal teams, investors and boards.