# Fidelity Private Shares vs Qapita

Source: https://nachonacho.com/compare/fidelity-private-shares-vs-qapita

Choose Fidelity Private Shares if you want equity records closely connected to corporate documents and fundraising workflows; choose Qapita if you manage stock plans across countries or want a published starting price for a paid plan. Both offer cap table management, a data room, scenario modeling, and a free plan for eligible early-stage companies. The deciding differences emerge as your team grows: Qapita publishes a price for its Surge plan and describes multi-country stock plan support, while Fidelity Private Shares emphasizes linked legal documents and automated equity financing.

## At a glance

| | Fidelity Private Shares | Qapita |
| --- | --- | --- |
| First paid plan | Startup; price not published | Surge; $1,600 per year |
| International stock plans | Not published | Multi-jurisdiction plans; tax guides for 160+ countries |
| Free-plan eligibility | Launch: up to 25 stakeholders; less than $1M raised | Spark: up to 25 stakeholders; less than $1M raised |
| Paid-plan stakeholder limits | Not published | Surge: up to 40; $40 per additional stakeholder yearly |
| Document workflows | Linked data room and board consents on Launch | Data room on Spark; board consents on paid plans |
| 409A valuations | Included in Growth | Included in Growth and Enterprise; lower-tier add-on |
| Financial reporting | ASC 718 in Growth | ASC 718 and IFRS reporting in Enterprise |
| Integrations | HRIS and payroll integration in Growth | HRIS and SSO integrations offered on paid plans |
| Support | Premier support in Startup; priority onboarding in Growth | Email support in Surge; dedicated customer success manager in Growth |
| Fundraising tools | Scenario modeling; automated equity financing add-on | Funding-round modeling; liquidity programs offered |
| Fund administration | Not published | Fund administration offering |

## Which to choose

### Choose Fidelity Private Shares if

- Companies that want cap table entries linked to supporting documents
- Founders prioritizing board consents and fundraising workflows
- Teams seeking automated equity financing as an add-on

### Choose Qapita if

- Teams administering stock plans across multiple countries
- Buyers who want a published starting price for a paid plan
- Companies considering full-service equity plan administration
- Fund managers seeking fund administration alongside equity management

## Verdict

Fidelity Private Shares is the better fit for a company prioritizing board consents, linked equity documents, and fundraising workflows in one system. Qapita is the better fit for a company prioritizing multi-country stock plan administration and a stated price for its first paid tier. If you qualify for either free plan, compare the specific workflows you need next: both vendors set the free-plan threshold at up to 25 stakeholders and less than $1 million raised.

## Questions

### Are Fidelity Private Shares and Qapita both available?

Yes. Fidelity Private Shares and Qapita both advertise active equity management plans, including free plans for eligible early-stage companies.

### Which has a free plan?

Both do. Fidelity Private Shares Launch and Qapita Spark are free for companies with up to 25 stakeholders and less than $1 million raised.

### How much do the paid plans cost?

Qapita lists Surge at $1,600 per year for up to 40 stakeholders, plus $40 per additional stakeholder per year. Fidelity Private Shares does not publish a price for its first paid plan, Startup.

### Which is a better fit for stock plans across countries?

Qapita explicitly supports stock plan administration across multiple jurisdictions and publishes information about tax guides for more than 160 countries. Fidelity Private Shares does not publish comparable multi-country coverage.

### Can both handle a 409A valuation?

Yes. Fidelity Private Shares includes 409A valuations in its Growth plan. Qapita includes a 409A valuation report in Growth and Enterprise and offers it as an add-on for lower tiers.

### Do both provide a data room and fundraising models?

Yes. Fidelity Private Shares lists a data room and scenario modeling in its free Launch plan. Qapita lists a data room and funding-round modeling in its free Spark plan.

### Which connects equity records to corporate documents?

Fidelity Private Shares describes a data room that links cap table activity to supporting documents and includes board consents in Launch. Qapita offers a data room in Spark and lists board consents on paid plans.

### Do they integrate with HR systems?

Fidelity Private Shares lists HRIS and payroll integration in Growth. Qapita offers HRIS integration on paid plans, with availability depending on the plan or add-on selected.

## Product pages

- Fidelity Private Shares: https://nachonacho.com/product/fidelityshares
- Qapita: https://nachonacho.com/product/qapita