Ledgy vs Fidelity Private Shares

Ledgy8.9Visit Fidelity Private Shares8.2Visit

Higher score Ledgy #4 in Equity Compensation Management Software 8.9/10 Free plan Free plan✓ 3 of 3 features Visit Ledgy

vs

Fidelity Private Shares #11 in Equity Compensation Management Software 8.2/10 Free plan Free plan✓ 3 of 3 features Visit site

• Ledgy fits best

  Growing international companies with complex equity plans

• Fidelity Private Shares fits best

  Startups needing HRIS-connected equity administration

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Side by side

Feature	Ledgy 8.9/10 Visit ↗	Fidelity Private Shares 8.2/10 Visit ↗
At a glance
Editor score	8.9	8.2
Ranking	#4 in Equity Compensation Management Software	#11 in Equity Compensation Management Software
Best for	Growing international companies with complex equity plans	Startups needing HRIS-connected equity administration
Pricing model	Free plan + paid	Free plan + paid
Starting price	—	—
Free plan	✓	✓
Free trial	—	—
Deployment	Cloud	Cloud
Platforms	Web	Web
Support	Email, Live chat, Docs	Email, Docs
Compliance	SOC 2, ISO 27001, GDPR, SSO/SAML, 2FA	ISO 27001
Integrations	70+ integrations	20 integrations
Built for	Small business, Mid-market, Enterprise	Small business, Mid-market, Enterprise
Features Ledgy 3/3 · Fidelity Private Shares 3/3
Employee portal	✓	✓
Tax reporting	✓	✓
Valuation support	✓	✓
Specs
Award types	ESOP, VSOP, LTIP, EMI, CSOP, RSUs, options, warrants, growth/hurdle shares, BSPCE, SARs, STAK	founder’s stock, common stock, preferred stock, stock options, SAFEs, convertible notes, warrants
Vesting rule support	Advanced	Advanced
Recipient limit	50 recipients (best)	25 recipients
Our review
Pros	Supports diverse award types and advanced vesting schedules Connects with 70+ HRIS systems and major identity tools Covers exercising, settlement, compliance and financial reporting	Free Launch tier covers cap tables, grants, data rooms, and scenarios Supports 15 HRIS and payroll integrations, including Workday and Gusto Combines employee portals, valuations, approvals, and compliance reporting
Cons	Launch is limited to 50 stakeholders Advanced capabilities are split across multiple plans and add-ons Available through the web only	Paid-tier pricing is not published 409A valuations are conducted by a third party Recipient limit is 25
Our verdict	Ledgy is a web-based equity and executive compensation management platform for companies from incorporation through post-IPO. It brings together cap table management, equity plans and grants, employee dashboards, scenario modeling,… Read the review →	Fidelity Private Shares is a web-based equity management platform for Delaware corporations and private companies. It is designed for founders, employees, investors, lawyers, and auditors who need shared, permissioned records across the… Read the review →

Strengths and trade-offs

• Ledgy — where it wins

  • Supports diverse award types and advanced vesting schedules
  • Connects with 70+ HRIS systems and major identity tools
  • Covers exercising, settlement, compliance and financial reporting

  Where it doesn't

  • Launch is limited to 50 stakeholders
  • Advanced capabilities are split across multiple plans and add-ons
  • Available through the web only

• Fidelity Private Shares — where it wins

  • Free Launch tier covers cap tables, grants, data rooms, and scenarios
  • Supports 15 HRIS and payroll integrations, including Workday and Gusto
  • Combines employee portals, valuations, approvals, and compliance reporting

  Where it doesn't

  • Paid-tier pricing is not published
  • 409A valuations are conducted by a third party
  • Recipient limit is 25

• Ledgy8.9/10 · Free plan

  A broad equity platform for international teams managing complex plans and reporting.

  Visit LedgyFull verdict →
• Fidelity Private Shares8.2/10 · Free plan

  A web-based equity platform with a free core tier and broad HRIS integration support.

  Visit siteFull verdict →