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Money & Insurance

EquityZen

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105 reviews

4.3105 reviews
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About EquityZen

Data updated
Website
equityzen.com
Category
Money & Insurance
Location
United States
Status
Unclaimed
Last 12 months
105 reviews
Replies to negative
44% (7/16)
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About this business

EquityZen, a subsidiary of Morgan Stanley, is a leading marketplace for pre-IPO investments, connecting shareholders of private companies with accredited investors. Through its category-leading technology and innovative approach, EquityZen delivers data-driven insights and tools that empower its 800,000 users to navigate the private markets with confidence. Having completed more than 51,000 private placements in nearly 500 private companies, EquityZen is on a mission to deliver “Private Markets for the Public.”

Written by the business, not verified by us.

Is EquityZen legit?

EquityZen (equityzen.com) has a 4.3 out of 5 rating on OK.one, based on 105 user reviews collected here. It is listed under Money & Insurance and its reputation is good. 82% of reviews are 4 stars or higher and 10% are 1 star; The business has replied to 44% of negative reviews; Reviews mostly discuss User experience, Customer service, Product. Last updated 2026-09-04.

What reviewers say

AI generated

Reviewers had a great experience with this company. Customers frequently praise the seamless, fast, and efficient process designed for easily discovering and safely investing in exclusive private market shares. Consumers consistently appreciate the professional staff who provide exceptionally helpful guidance, patient assistance, and ensure clear communication throughout all complex transactions. However, some reviewers were not happy with customer service, noting that responses frequently felt completely automated or lacked sufficient detail. A few other people also felt that obtaining necessary documentation and tracking investment distributions posed notable challenges. Additionally, some reviewers mentioned that communication from support teams could sometimes be improved significantly.

Auto-generated from all reviews of this business. For reference only.

What people say

Shady customer sign-up practices

I've never wanted to be a customer of this company, but they seem to think they can force me to become one. Their strategy to sign up customers seems dodgy at best. Out of the blue, I got an email to verify my email and get started. I disregarded it, but they keep sending me newsletters. When trying to unsubscribe, the link only leads to a sign-in page.

Very creepy

Very creepy, insecure company! Got an email from them to verify an account I never signed up for and the email said, "Don't worry if you got this by mistake it's just a test!" Responded asking for the unauthorized account to be deleted and haven't heard anything back. If they're just sending random test emails then I can't imagine what they're doing with your investments.

I’ve used EquityZen for almost a year…

I’ve used EquityZen for almost a year now. Have purchased and sold on the platform. It’s a unique way to get access to private equity. The biggest hurdle for me was trust. Service has been impeccable. It’s legit.

Reply from EquityZen2026-08-26

Hi Kurt, thank you for taking the time to share your review! Earning our investors' trust is central to what we do, and we're glad to hear your experience with our team and platform over the past year has been so positive.

I invested in Cerebras and I have been…

I invested in Cerebras and I have been chasing to receive my shares first batch in my brokerage account. There is complete lack of support and responses. This is frustrating and not able to appreciate this kind of customer service.

Reply from EquityZen2026-08-26

We apologize that your experience did not meet your expectations -- nor ours. We take this feedback very seriously, and a member of our team has reached out directly to provide an update on your shares. With future distributions, we will work to win back your trust.

I would advise investing with another company.

I have a straightforward question that I need answered clearly. I transferred $100,000 to EquityZen to purchase 625 shares of Shield AI, yet I currently have no tangible proof of ownership. These shares do not appear in my investment portfolio, and when I search for them on your platform, they only appear under the “Closed” tab. To be direct: if I were to invest several million dollars through EquityZen, would the only confirmation I receive be that the transaction is “Closed”? My original question to your team was simple — where are my shares, and why are they not visible in my portfolio? The response I received merely directed me back to the “Closed” section, which does not resolve the issue. At this point, I need EquityZen to provide formal documentation confirming that I do, in fact, own 625 shares of Shield AI. I require tangible proof of ownership, as my funds appear to be marked only as “Closed,” with no accessible evidence of the underlying asset. I understand that I need to further educate myself on your processes, but your client services have not provided sufficient clarity. Therefore, I am requesting that EquityZen issue stock certificates or equivalent official documentation. Please send hard copies to me through any appropriate method. Regards, Lance

Reply from EquityZen2026-08-26

Hi Lance, We are very sorry for the frustration regarding your transaction status and share documentation. We take feedback like this very seriously and we have reached out to discuss this with you. Please note that there is a standard 30-60 day post-close processing window for the shares to transfer. As soon as the documentation is available, our team will get it right over to you. We will review our communication to make sure that this is clear.

Easy straight forward process

Easy straight forward process, however on exits and reception of shares post ipo process slow and slow updates and info gathering. But onboarding and purchase process very streamlined

Reply from EquityZen2026-08-20

Thank you for taking the time to share your review! We're glad to hear your onboarding and purchase experience was smooth, and we appreciate your feedback regarding post-IPO timelines.

Smooth service and access to companies

I get allocation to a lot of companies at valuations that you wouldn't normally get if you waited for them to hit the public markets. EZ closes the business in relatively quick time and updates you on any pricing events. Distributions have been smooth and even when we sell out of a position in the secondary private market EZ has made it a smooth process. One drawback is getting companies earlier in their fundraising process to increase returns. Our first access to most companies (from when we are first interested in them to when we can finally make an investment) is still too long and sometime there is no opportunity at all. But this is a great service overall and so far I've had no problems with their SPVs.

Reply from EquityZen2026-08-20

Hi Donald, thank you for the detailed review and constructive feedback! We're glad to hear your experiences with our platform and SPVs have been smooth, and we really appreciate your input on deal access and timing.

EquityZen- Easy access to private deals.

EquityZen process was easy, fast, efficient, and accurate. This was my 22nd deal since 2015. I love having access to deals and being allowed also to sell deals I have owned for at least a year. These private companies are a great complement to my publicly traded portfolio.

Reply from EquityZen2026-08-20

Hi Rellek, thank you for being such a valued client! We're glad our platform continues to be a great addition to your portfolio.

Amazing Platform

EquityZen is an amazing platform, I can't say enough great things about it. I've been using it for years and have always had exceptional experiences. The support is great and so are the opportunities.

Reply from EquityZen2026-08-20

Hi Adam, thank you for being a long-time client! We really appreciate your kind words and ongoing support.

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