Morgan Stanley at Work (formerly Shareworks)

From CustomG2 3.8 · 32 reviews

Late-stage private companies preparing for an IPO or running regular liquidity programs across many countries.

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Quick overview

Pricing: Quote-based
Plans: Pricing is not published (as of October 2026); contact Morgan Stanley at Work sales. Private company offering covers cap table management, 409A valuations, liquidity solutions, equity administration, financial reporting and Global Intelligence (international tax and legal database). No free plan.
G2 rating: 3.8 / 5.0
Comparisons: Featured in 2 comparisons

Key features

Real-time cap table with modeling of financing rounds, carve-outs and exits
409A valuations from Morgan Stanley's valuation team
Sandbox for modeling grants, expense budgets and forecasting scenarios
Equity compensation expense reporting with cost-center allocation
Global Intelligence tax and legal database covering 160+ countries

Pros

Built for complex, global equity plans
Liquidity and tender offer support from Morgan Stanley
Path from private to public company administration
Financial wellness resources for employees

Cons

No published pricing or free tier
More than an early-stage startup needs
Sales-led buying process with no self-serve signup

Morgan Stanley at Work (formerly Shareworks) in our comparisons

Accounting & Finance

Best Cap Table Software

Carta is the best cap table software for most startups: free up to 25 stakeholders and $1M raised, and it scales to 409As and ASC 718. Pick Cake Equity if you want published prices.

Emily RodriguezUpdated October 2026

Accounting & Finance

Carta alternatives

Pick Cake Equity if you are a US startup leaving Carta over price: published plans, free migration and two 409As a year on Team. Pick Ledgy if you are in the UK or Europe. Stay on Carta if you want one vendor for everything up to IPO.

Emily RodriguezUpdated October 2026