Astrella vs Morgan Stanley Shareworks
A side-by-side comparison of Astrella and Morgan Stanley Shareworks — two options for cap table & equity. Pricing, features, and honest pros and cons.
Category
Cap Table & Equity
Cap Table & Equity
Rating
4.0 / 5
3.9 / 5
Pricing
Tiered subscription
Enterprise / Custom
Best for
Private companies wanting conservative, compliance-first equity records
Pre-IPO companies planning the public-company transition
Key features
- Cap table management with round and exit scenario modeling
- Employee stock option and RSU plan tracking
- 409A valuation support and ASC 718 reporting
- Compliant document vault
- BoardNotes meeting recording and storage
- Equity plan administration for private and public companies
- Cap table management with liquidity event support
- Valuation and 409A-related services
- Global compliance and tax mobility support
- Participant financial wellness and education
Pros
- Transfer-agent parentage means registrar-grade record discipline
- Covers equity comp accounting (ASC 718) many rivals bolt on
- Simple onboarding for companies leaving spreadsheets
- Deep bench for IPO transitions and tender offers
- Bank-grade compliance and participant services
- One vendor from late-private through public life
Cons
- Far smaller ecosystem and brand pull than Carta
- Feature velocity trails the venture-native platforms
- Standalone Shareworks branding is being retired, muddying evaluation
- Heavy for early-stage cap tables
- Enterprise pricing and contracting