EquityZen
EquityZen is not a pre-IPO trading platform; it's a packaged private equity product with retail access. Morgan Stanley-owned, 2.5% transaction fees (post-2026), $5K-$50K minimums, K-1 tax reporting, multi-year illiquidity. AltStreet has enumerated the platform's complete funded-SPV census from SEC Form D: 1,967 SPVs, $1.592B, 2015-2026, as of October 23, 2026.
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Platform Identity
- Website
- equityzen.com
- Headquarters
- New York, NY, US
- Founded
- 2013
- Parent
- Morgan Stanley Wealth Management
- Platform type
- Pre-IPO Secondary Marketplace
- Regulatory
- sec_registered_bd
- Eligibility
- accredited only
AltStreet Coverage
- Review status
- Published
- Coverage type
- Investment platform
- Review date
- Jan 14, 2026
- Last updated
- Oct 23, 2026
- Composite score
- 4.7
- Structural signals
- 104 total
Key Data Points
- EDGAR-linked offerings
- 1,955
- Filing-verified raised
- $1.59B
- Investors disclosed
- 25,709
Auditors of Record
Audit firms named in this platform's issuer filings, as recorded in AltStreet's auditor directory. Each firm page lists every issuer it audits across covered platforms.
Manager (Form ADV)
Investment adviser records matched to this platform from SEC Form ADV filings (IARD). Figures are manager-level — they describe the advisory firm, not any single offering on this page.
EQUITYZEN ADVISORS LLC
Exempt Reporting Adviser- CRD / SEC#
- 289299 · 802-111048
- Status
- ERA - Active
- Private funds
- 34 · $57.29M gross assets(PE:34)
- Item 11 disclosures
- 3 reported
- Main office
- NEW YORK, NY
- Latest ADV filed
- Mar 31, 2026
Item 11 disclosures are affirmative answers to Form ADV's disciplinary questions, which can include affiliate events — they are not a count of violations. Source: SEC Form ADV data, refreshed monthly.
Reference Reading
AltStreet reference pages on the filings and mechanics behind this platform's category.
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