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.”
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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.
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I wish I had more access to speak with someone
over the phone with questions.
Reply from EquityZen2026-08-20
Hi Chris, thank you for your feedback! We apologize for any frustration regarding phone access. If you'd like to speak on the phone, please reach out to [email protected] with your preferred phone number, and a registered representative will call you as soon as possible.
I bought shares in a company and paid all the fees immediately and in full. Over the course of 6 months the company in question proceeded to have a share buy back in which EquityZen took part and automatically sold 2.5% of all holdings. This included 2.5% of my shares also. Now weeks later after multiple calls and emails l still have not received my payment for the sale of my shares.
I do not believe that Equity Zen is a scam, nonetheless be warned this is the type of service you should now expect to receive: no communication (despite a mandate of a response in 24 hrs), unanswered phone calls, no payment / Distribution when you are owed money!
While equityzen has a very good process when you buy private stocks , Biggest challenge with distribution. They don’t show any responsibility in updating you with the distribution proceeds. They handover it to Morganstanely and after that no one know when they will complete distribution.
Charlie was key to this transaction being completed. He education and staying on top of it and answering technical questions gave me confidence to close.
Reply from EquityZen2026-07-31
Thank you for the wonderful feedback! We will be sure to pass along your kind words to Charlie.
I have worked with Sebastian on 3 deals. I appreciate his communication, willingness to help and attention to detail.
Reply from EquityZen2026-07-31
Hi RC, thank you for being a repeat client! We're glad to hear that Sebastian has consistently provided you with great communication and attention to detail across your transactions.
This is the second transaction I've completed with EquityZen and both went very smoothly. The email notifications for companies on my watch list (or related companies) has been invaluable to keep me aware of any new offers. What I also really appreciated is that I've been working with an EquityZen Private Markets Associate (Charlie Joslin) who has always been available to answer my questions and provide additional status updates so that I feel very comfortable buying through EquityZen.
Very clean and professional execution when securing and closing the investments.
Could get more lucrative investments. Not many great companies included early. I had to get my SpaceX and Anthropic from another company.
I faced a couple of RoFR. This was a not so great part of the experience. Especially since my money was locked out a period of time.
Overall EquityZen is still my go to company if the investment is available.
Very poor design of web site hard to get documents the quarterly statements are all intermingled not sorted by calendar.
Cannot add other users like my tax accountant
The tabs of Investment account etc are no intutive.
I’m new to this platform and support has been very slow to respond if at all. The emails from support are typically automated and are just advertising available stocks. I currently have a question pending an answer, but yet received an email from “support” asking me to help you.
Reply from EquityZen2026-07-02
We strive to be responsive to questions. Typically, we respond within one business day. It appears that we were able to answer your questions. Please continue to write to us at [email protected], and we would be very happy to help.
Stayed on top of what is needed to get the deal done
Reply from EquityZen2026-07-02
Hi Jay, thank you for the feedback! We're glad our team was able to keep things moving efficiently and help you get your deal finalized. We appreciate your trust in EquityZen!