EquityList vs Shareworks
EquityList
equitylist.co
Shareworks
morganstanley.comSide by side
| Figure | EquityList | Shareworks |
|---|---|---|
| Price from | $100/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| Plans published | 7 | 1 |
| Spec score · Equity Compensation Management Software | 8.1 (#7) | 7.2 (#18) |
| Spec score · Cap Table Management Software | 7.9 (#10) | 7.2 (#21) |
| Headquarters | Gurugram, Haryana, India | Morgan Stanley lists its worldwide headquarters at 1585 Broadway, New York, NY 10036. |
| Product | EquityList describes itself as an AI-native cap table and compliance operating system for private and public companies. | Shareworks is an integrated equity compensation management platform for private and public companies. |
| Security | EquityList states that data is encrypted at rest and in transit, access is controlled and logged, and its practices are certified against SOC 2 and ISO 27001 standards. | Morgan Stanley describes Shareworks as supporting secure collaboration with data protection and privacy features. |
| Support | The Free plan includes email and Intercom support, community access, and bi-weekly office hours; Growth includes priority support and concierge onboarding. | Plan administrators are directed to contact their Relationship Manager for support. |
Plans
EquityList
- FreeFree
- Build (monthly billing)$125 a month
- Growth (monthly billing)$265 a month
- Build (annual billing)$1,200 a year
- Growth (annual billing)$3,500 a year
- EnterprisePriced on request
- Public company pricingPriced on request
In their own words
EquityList
EquityList is an equity management and compliance platform for private and public companies. It tracks ownership, grants, exercises, buybacks, and expense reporting; its cap tables preserve transaction history, model fundraising scenarios, and handle multiple entities. The grants tools cover options, RSUs, and SARs, with vesting and exercise management for employees, advisors, and consultants. HR integrations with BambooHR, Keka, Darwinbox, and GreytHR sync employee changes and payroll data. Finance tools provide stock expense figures compliant with ASC 718, IFRS 2, and Ind AS 102. EquityList describes encryption at rest and in transit, logged access controls, and practices certified against SOC 2 and ISO 27001. The web service has a free plan for up to 10 stakeholders; Build and Growth bill for additional stakeholders beyond their included limits. Paid plans start at $100 a year with annual billing. Listed-company pricing is a scope-based annual proposal, not a fixed price.
Shareworks
Shareworks is an equity compensation management platform for private and public companies, available on Android, iOS, and the web. Administrators can set up custom global plans and use a sandbox to model budgets and compare forecasts. Reporting supports audit-ready outputs, including 409A valuations and Section 16 filings; private companies can also track capitalization data. The platform shares HRIS data in real time through an API, and Morgan Stanley has announced integrations with Pave, Wilson Sonsini, and Workday. The mobile app lets account holders review portfolios and transaction history, sell or transfer shares, and exercise options. A Shareworks account is required to use it. The iOS app says it supports Face ID or Touch ID, encrypts communications, and does not store financial data on the device. The platform supports restricted stock units, stock options, employee stock purchase plans, custom vesting rules, employee portals, and valuations. Pricing is on request. Services are provided by Morgan Stanley Smith Barney LLC and its affiliates.