EquityZen Reviews 314

TrustScore 4 out of 5

4.0

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Review summary

Based on reviews, created with AI

Reviewers had a great experience with this company. People appreciate the staff, who are considered professional and supportive. Many consumers found the platform easy to use, highlighting the straightforward processes. The clear communication throughout the investment process was also appreciated. However, some consumers have mixed opinions regarding the user experience, website, and customer service. Some reviewers have expressed concerns about the accessibility of customer support, citing slow response times and a lack of human touch. A few people mentioned issues with high fees and minimum investment amounts, while others pointed out that the financial information provided could be more detailed.

Based on these reviews

Rated 4 out of 5 stars

Meh. Pretty good company. I mean, they’re legit and they’re not a scam company, but they used to be soooo much better back in the day when they first got started and had more personal “one-on-one touc... See more

Company replied

Rated 4 out of 5 stars

I have been looking at the Tektite Genome and it is a very advanced product that with stocks at Equity Zen and I would like too know more before I purchase the stocks which I am thinking very strong... See more

Rated 4 out of 5 stars

If you list shares for sale on their marketplace, buyers can 'drop out' at any time. I've had 3 different transactions going, and they let the buyers drop out of each of them with no explanation... See more

Company replied

Rated 4 out of 5 stars

I've invested through other platforms where I simply buy, purchase, and done—it's straightforward. With EquityZen, I reserve, pay, and then wait, only for most deals not to go through. That’s the fru... See more

Company replied

Rated 5 out of 5 stars

The process to participate and complete an Express deal was simple, straightforward and completed faster than I expected. It might be useful to allow folks to search and filter based on the offering s... See more

Rated 5 out of 5 stars

I have been using EquityZen for over 15 years. It is an extremely user friendly, efficient, and uses the latest technologies in providing pre IPO investment services. I have had the pleasure of work... See more

Company replied

Rated 5 out of 5 stars

I work with multiple pre-IPO platforms, and I would rate EquityZen quite high. My experience on the EquityZen platform has been amazing. The website is very easy to work with, very nicely streamline... See more

Company replied

Rated 5 out of 5 stars

Outstanding world class service, Prompt responses by email and direct cell phone numbers to your representative and to his boss too! I’ve been using their services for over 15 years. Every co... See more

Rated 5 out of 5 stars

Equity Zen or EZ as i call it provides wonderful slower secondary markets in Liquid Death (it’s only water! Death to plastic! ;-0 stockholder) and had spaceX! You bid you see if som... See more

Company replied

Rated 5 out of 5 stars

I had never sold stock before, and EquityZen made the entire process smooth and easy to follow. From the beginning, their communication was clear, helpful, and transparent — I always understood my opt... See more

Company replied

Rated 5 out of 5 stars

It was easy transaction. Customer service was good , Razzi helped with filling out paperwork. Only thing is once you committ to a fund there is a chance you might get ROFR from comapny. Or equity ge... See more

Company replied

Rated 5 out of 5 stars

Communication was clear. There was efficient follow up and follow through. When one deal was pulled by the first seller, your rep found a second deal to replace it. The share transfers seemed to go of... See more

Company replied

Rated 5 out of 5 stars

clear instructions how go about an investment informative webinar possibility to execute a wire transfer from a non-US (e.g., German) bank account good and as far as I can tell reliable informati... See more

Company replied

Rated 3 out of 5 stars

Communication is difficult with no telephone number. Also, I want to know why some purchases are still pending even though the dollars were taken from my account months ago. I have yet to receive an... See more

Company replied

Rated 4 out of 5 stars

This round of investing went much better than earlier rounds where the company could not close a transaction. This transaction was close to seamless and went very smoothly

Company replied

Rated 1 out of 5 stars

Very quick to take your money for an investment but slow to pay you when you sell. It can take weeks and nobody ever answers their bogus customer phone line. They don’t return messages left on their... See more

Company replied

Rated 1 out of 5 stars

EquityZen has proven to me that they cannot execute on certain deals they advertise and promote, but then they overpay on others when a deal should not have been signed. I do not believe they have th... See more

Company replied

Rated 2 out of 5 stars

I am having recurring problems with receiving payment on some shares that were sold. The response time is lengthy to get basic things fixed. The tech platform wants me to update my payment account b... See more

Company replied

Rated 3 out of 5 stars

I like that they have many companies available for investment. But don't like: 1. Only a couple of custodians permitted to hold the funds and they are very small 2. No phone customer service 3.... See more

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Rated 2 out of 5 stars

- fees are too high - deals with good companies often do not close! - also, it's super hard to get in the deals for good companies on EZ (equityzen) - unnecessary / unrelated email flooding - t... See more

Rated 1 out of 5 stars

Worst investment in my years of investing. They sell shares in a pre-IPO company at highly inflated prices. Then when it plummets (which it often does), does little to help people sell their overprice... See more

Rated 2 out of 5 stars

Pros: Good website and fairly user friendly. Cons: 5% fee when buying and when selling! Worse, you can only sell shares after at least a year and most of the time you have to own at least 2% of the f... See more

Company replied

Rated 3 out of 5 stars

Minimum is too high does not allow multiple investments in different companies. It is impossible to in XAi, SpaceX and other favorites and have to settle in second and third choice. I have had much be... See more

Company replied

Rated 2 out of 5 stars

whole process seems like a scam. money was taken from my account - no documents or receipts given. some rando called me to ask for more after that. zero business documents provided about the invest... See more

Rated 3 out of 5 stars

Holding on to fund for months with inaction. The closing dates are changing on a daily basis. Seek clarifications for support and was given a hyperlink to no where. Will likely to pause further bus... See more

Company replied

Rated 1 out of 5 stars

I’ve invested successfully across many platforms and asset classes, but my experience with EquityZen has been nothing short of disastrous. After extensive research, I invested in Heavy.AI, meeting... See more

Rated 2 out of 5 stars

I wired money but repeatedly asking many times for the status even after a week, your team claiming did not received money. I had to call my bank and get tracking for wire and sent. After sending trac... See more

Company replied

Rated 1 out of 5 stars

they are so opaque about what happens to equity held for more than 4 years and not consistent reports on their portal and in reality are in contrast. do well to avoid. seeking "KVLC" here on TP became... See more

Rated 1 out of 5 stars

After months, I was just advised that I would not receive the Ktaken' shares I tried to purchase. Money tied up, research, anticipation, etc; for nothing.

Company replied

Rated 1 out of 5 stars

EquityZen wrote: > To effectively investigate your concern, we would need the additional transaction information we previously requested, which we have not yet received. I have provid... See more

Company replied

Rated 3 out of 5 stars

I like the opportunity equityzen gives me to buy private equity but its difficult to contact anyone if you have a question. needs to be more service oriented.

Company replied

Rated 1 out of 5 stars

I was told exactly what the on screen error message. No details were offered and I was left with nothing but to figure out myself. Total crap of an email from support.

Rated 3 out of 5 stars

Platform is ok and the customer service is good but they messed up on a pricing display for an asset by 10x. Caused a big commotion but to their credit they refunded it.

Company replied

Rated 3 out of 5 stars

I made payment for some shares back in February 2025 but the deal finally closed out in Late May 2025, almost 3 months later. That's very late. In that time at least one other offering in for those sh... See more

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Rated 3 out of 5 stars

Overall I like the platform offerings. I do not like the fact that I do not receive timely responses to my customer service emails as well as I never receive a response from the live customer service... See more

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Rated 4 out of 5 stars

This fund purchase was a great experience. The only thing that would have made it better is same-day confirmation of my wire transfer.

Company replied

Rated 1 out of 5 stars

bought some shares. no one answers their support email. no way to reach someone via phone whatsoever unable to liquidate quickly

Company replied

Rated 4 out of 5 stars

Love almost every aspect. The only thing is comms around funding coming out the first time. Would be nice to have a "receipt" so to speak the moment it is debited.

Company replied

Rated 5 out of 5 stars

One of the best service provider in this space. The process is clean and very understandable. They charge only one time fees. They update ahead of the time when they're going to pull the mone... See more

Company replied

Rated 4 out of 5 stars

I really like Equity Zen. It has enabled me to make two investments in promising pre-IPO companies. Neither has gone public yet, so anything could happen, but they have at least enabled me... See more

Company replied

Rated 5 out of 5 stars

Superbly Smooth Service. Excellent Research The Best and Informative Website when it comes time to choosing companies Excellent customer care - same day responses Many more affordable deal option... See more

Company replied

Rated 5 out of 5 stars

Transparency was key in the process. The information flow was clear and accurate. The timeline shared helps to understand the key steps.

Company replied

Rated 3 out of 5 stars

too much trouble logging onto your website. I kept getting challenged to change my password and prove I'm a human.

Rated 3 out of 5 stars

I think the whole website is very difficult to navigate and and some of the terminology and the way things are explained leaves much to be desired.

Company replied

Rated 5 out of 5 stars

Easy & straight forward processes. Customer service & support is excellent. Good pre ipo names

Company replied

Rated 5 out of 5 stars

EquityZen provides the private deals which we could not find from other platforms. Deals are fair. Processing time is quick and reasonable.

Company replied

Rated 4 out of 5 stars

It was a convoluted process but well explained. Good communication every step of the way from start of investment to completion.

Company replied

Rated 5 out of 5 stars

Pretty much a frictionless experience using their website. Solid sales and contract support teams if needed.

Company replied


Company details

  1. Alternative Financial Service

Written by the company

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.”


Contact info

4.0

Great

TrustScore 4 out of 5

314 reviews

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Replied to 70% of negative reviews

Typically replies within 1 month

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Rated 5 out of 5 stars

Express Deal - Simple & Quick

The process to participate and complete an Express deal was simple, straightforward and completed faster than I expected. It might be useful to allow folks to search and filter based on the offering size. Like allow me to find all open deals under x dollar amount

February 3, 2026
Rated 4 out of 5 stars

Initially wanted SpaceX and allocated…

Initially wanted SpaceX and allocated funds for the investment but EquityZen unable to fulfill. After a couple of months recalled the funds and was successful with Lambda. The process is straightforward but very slow. Time will tell but expect to get a great return on this.

January 29, 2026
Rated 3 out of 5 stars

Like the access but 5% on each…

Like the access but 5% on each transaction is very high. At least the exits should not cost fees that are this high

January 23, 2026
EquityZen logo

Reply from EquityZen

Hi there, thank you for sharing your feedback. We’re glad you appreciate the access we provide to the private markets.

We’d like to clarify our fee structure: the fee you mentioned is a one-time upfront sales fee that scales down based on investment size (from 5% down to 3%). Most importantly, EquityZen does not charge any fees on exit-related proceeds.

If you have any additional questions, please reach out to our team at [email protected]. We are here to help!

Rated 2 out of 5 stars

This was my first purchase on the…

This was my first purchase on the Equity Zen platform. Communication on when the purchase of the position was not clear once funded. A status update showing when the purchase would be executed after it was funded would be helpful

January 16, 2026
EquityZen logo

Reply from EquityZen

Thank you for choosing EquityZen for your first investment. To ensure your concerns are heard and handled, we have asked a registered representative to connect with you directly.

For the quickest possible assistance in the future, please feel free to email us at [email protected].

Rated 1 out of 5 stars

After using the funds for more then 2…

After using the funds for more then 2 months .
funds were return , no allotment of shares. waste of time and energy.

January 16, 2026
EquityZen logo

Reply from EquityZen

Thank you for the feedback.

To clarify, our stock purchases are subject to the company's Right of First Refusal (ROFR). If a company exercises this right, it prevents the fund from finalizing the purchase. During this period, your investment is held in escrow and, if the deal is blocked, is returned immediately.

We want to ensure your concerns are addressed, so we have asked a registered representative to connect with you directly. For the quickest assistance in the future, please don't hesitate to reach out to us at [email protected].

Rated 4 out of 5 stars

Most opportunities are good

Most opportunities are good. I was disappointed when my six figure investment in Databricks was returned.

January 16, 2026
EquityZen logo

Reply from EquityZen

Thank you for being a valued investor with us, Kevin.

Rated 5 out of 5 stars

Best platform globally for secondary invstments.

I have now done 4 different investments with Equity Zen, and i must admit they are the best amongst all the platforms in the US.

Special mention to Charlie and Sara for being absolutely brilliant, and in handholding us with all our investments.

January 16, 2026
EquityZen logo

Reply from EquityZen

Eshan, thank you for the high praise and for recognizing Charlie and Sara for their hard work!

Rated 1 out of 5 stars

After months, nothing...

After months, I was just advised that I would not receive the Ktaken' shares I tried to purchase. Money tied up, research, anticipation, etc; for nothing.

January 8, 2026
EquityZen logo

Reply from EquityZen

Thank you for sharing this feedback.

To clarify the process, our stock purchases are subject to the company's Right of First Refusal (ROFR). If a company chooses to exercise this right, it prevents the fund from completing the purchase. In these instances, any investment funds held in escrow are returned to the investor.

We want to ensure your concerns are handled with the attention they deserve. We have asked a registered representative to connect with you directly to discuss this further. For any future assistance, please feel free to reach out to us at [email protected].

Rated 5 out of 5 stars

Easy & straight forward processes

Easy & straight forward processes. Customer service & support is excellent. Good pre ipo names

January 12, 2026
EquityZen logo

Reply from EquityZen

Thank you for the kind words! We’re thrilled to hear that you
find our platform straightforward and our support team helpful.

Rated 4 out of 5 stars

Easy platform to use

Easy platform to use. Access to great investments.

January 1, 2026
EquityZen logo

Reply from EquityZen

Thanks for the review! We love hearing that the platform is working well for you.

Rated 4 out of 5 stars

Pretty good company

Meh. Pretty good company. I mean, they’re legit and they’re not a scam company, but they used to be soooo much better back in the day when they first got started and had more personal “one-on-one touch” with their customers. Now they’re essentially a faceless banking institutional robotic machine like Bank of America with more AI chatbots working there than humans. Also, they no longer have access to good private companies anymore… seems like all their good salespeople have moved on — the salespeople who used to be able to close good deals for the company.

June 1, 2025
EquityZen logo

Reply from EquityZen

Hi Scott,

We appreciate you taking the time to share your feedback. We’re sorry to hear that our recent growth has felt like a move away
from the personal service we pride ourselves on.

To ensure your concerns are heard and handled, we have asked a registered representative to connect with you directly.

Rated 2 out of 5 stars

No one responds to your messages

Im an active investor on the site but no one responds to my emails.

December 31, 2025
EquityZen logo

Reply from EquityZen

Thank you for the feedback. To ensure you are taken care of, we have asked a registered representative to connect with you directly to address your feedback and provide a direct point of contact for your future needs.

Rated 5 out of 5 stars

It was easy transaction

It was easy transaction. Customer service was good , Razzi helped with filling out paperwork. Only thing is once you committ to a fund there is a chance you might get ROFR from comapny. Or equity gen dont raise enough funds to go thru. One thing i did not like is Once you committed you cannot back out but the Fund can.

December 19, 2025
EquityZen logo

Reply from EquityZen

Hi Danny, thank you for sharing your experience!

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