EquityZen Reviews 366

TrustScore 4 out of 5

4.2

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Review summary

Created with AI, based on recent reviews

Considering 154 reviews, reviewers had a great experience with this company. Customers frequently highlight the staff as knowledgeable, helpful, and professional, providing world-class service. Many people appreciate the smooth and straightforward process for transactions, noting the efficiency and ease of use of the platform. The service is often described as excellent, with clear communication and timely updates. However, some customers were dissatisfied with aspects of customer service, mentioning slow responses or generic answers. A few people also felt that the pricing structure, particularly the fees and minimum investment requirements, could be improved. Some reviewers also noted that the user experience, including the website and reporting, could benefit from further enhancements.

What people talk about most

Customer service

Reviewers highlight ambiguous aspects of customer service. Many customers praise the excellent support,... See more

User experience

Consumers find the user experience to be ambiguous. Many reviewers praise the ease and straightforwardness of... See more

Staff

Customers had positive experiences with staff. Many reviewers praised specific staff members for their... See more

Service

Customers consistently note positive experiences with service. Many reviewers praise the efficient and... See more

Price

Clients share ambiguous opinions on price. Many reviewers appreciate recent reductions in commission fees and... See more

Reviews shaping this summary

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'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 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 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


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

4.2

Great

TrustScore 4 out of 5

366 reviews

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Asks customers to review

This company invites their customers to review, whether positive or negative

Replied to 69% of negative reviews

Typically replies within 1 month

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Rated 5 out of 5 stars

Transparency was key in the process

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

February 12, 2025
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Reply from EquityZen

Thank you for the review, Marcelo! We are glad that you found the investment process to be straightforward and transparent.

Rated 5 out of 5 stars

Great opportunities!

Easy to use platform. Great investment opportunities. Good support available for any queries and questions.

January 31, 2025
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Reply from EquityZen

Hi Vinit, thank you for the kind review! We are glad to hear that you found our platform easy to use and had support throughout the investment process. If you need anything else, please do not hesitate to reach out to us as Support@EquityZen.com.

Rated 3 out of 5 stars

Website organization is a mess

Website organization is a mess. Even bigger mess is the payment system.

January 24, 2025
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Reply from EquityZen

Thank you for your feedback. We are continually working to improve our system and appreciate your input. If you need assistance, please reach out to our support team at Support@EquityZen.com.

Rated 3 out of 5 stars

It needs a good filtering system

It is not easy to find the proper company to meet your needs. It gives the company names but not a good description of what it does unless you read them all. Say you want a shipping company that uses AI to do their routing, can you find it easily. Does it have a complete filtering system to help you find it.

January 24, 2025
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Reply from EquityZen

Hi Thomas, thank you for your feedback. We understand how important it is to easily find the right company for your investment needs, and we appreciate your suggestions on improving our search and filtering system. We're committed to making the experience more efficient, and your input is valuable in helping us achieve that.

If you have any further questions or additional feedback, please feel free to reach out to us at Support@EquityZen.com. We're here to help!

Rated 4 out of 5 stars

The process was quite simple but some…

The process was quite simple but some more clarification on initiating wiring money would have helped

January 22, 2025
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Reply from EquityZen

Thank you for your feedback. We will share this with our team and if you have any other specific recommendations, please send them to us at support@equityzen.com.

Rated 1 out of 5 stars

Customer service was horrible

Customer service was horrible, no answers or clarifications of any of my doubts, It looked like I was taking to Alexa BETA. My questions wasnt answered and I lost an investment because of this kinda of threatment.

December 31, 2024
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Reply from EquityZen

We are very sorry to hear this. Every question that can't be answered by our chat bot, goes to an EquityZen employee to help. Obviously, this wasn't your experience and not the experience our team hopes to deliver to our clients and those interested in our offering.

If you feel comfortable sharing specifics, please do reach out to us at support@equityzen.com

Rated 3 out of 5 stars

The timeline keep changing for close

The timeline keep changing for close . A little more transparency would be better .

December 31, 2024
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Reply from EquityZen

Thank you for sharing your experience. Our goal for our standard deals is for the investment process to take between 60 to 90 days to close, depending on the specifics of the investment opportunity. The timeline can vary due to factors like the company’s decision to exercise its Right of First Refusal (ROFR) or other due diligence procedures. The timeline is one of the many differences between investing in public and private markets. These investments do take longer to close.

That said, we recognize the importance of timely updates and are will share with our team that you did not feel informed. If you have any additional questions or concerns or would like to discuss specifics, please feel free to reach out to us at support@equityzen.com.

Rated 5 out of 5 stars

EXCELLENT PLATFORM

Customer service is excellent. I receive notifications by email when there is important information. There are many good deals (specially express deals).

December 29, 2024
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Reply from EquityZen

Thank you for the review! We're thrilled to hear that our communication and emails were helpful.

Rated 5 out of 5 stars

Their option for an exit from…

Their option for an exit from investments . It’s a fair secondary market . Though they need to improve their app little more user friendly.

December 31, 2024
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Reply from EquityZen

Thank you for your feedback. We are dedicated to enhancing the user experience for our clients and appreciate your insights. If you have any further questions or suggestions, please feel free to reach out to support@equityzen.com.

Rated 5 out of 5 stars

Timely communication

Timely communication, products offered are diverse, process of investing went smoothly

December 24, 2024
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Reply from EquityZen

Thank you for sharing your experience! We're glad to hear our communication was timely and that the investment process was smooth.

Rated 4 out of 5 stars

be patient

it took longer than expected but overall it was a smooth process

December 24, 2024
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Reply from EquityZen

Thanks for understanding and sharing your experience. Yes, you are right to note that deals in the private markets take longer than the public market. Our Standard deals generally take between 60 to 90 days to close, depending on the specifics of the investment opportunity. The timeline can vary based on factors such as the company’s decision to exercise the Right of First Refusal (ROFR) or other due diligence processes.

We understand that timely information is important, and we're committed to keeping you updated throughout the process. If you have any further questions or concerns, please don't hesitate to reach out to us at support@equityzen.com. We're here to help!

Rated 1 out of 5 stars

Don't send random emails and when we…

Don't send random emails and when we enquire, you always say, offer is closed. Not even within 24 hrs. Waste of time.

December 24, 2024
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Reply from EquityZen

Thank you for your feedback. We apologize for any frustration our emails may have caused. Our deals launch every Tuesday and Thursday at noon and are filled on a first-come, first-served basis. We understand that timing is crucial, and we strive to share offer availability as soon as possible.

We appreciate your understanding and encourage you to check back regularly for new opportunities. If you have any further questions or suggestions, please feel free to reach out to support@equityzen.com.

Rated 5 out of 5 stars

Good User Interface

The transaction was smooth, with clear and quick communication. Any questions were anticipated and answers were easy to find on the website.

December 16, 2024
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Reply from EquityZen

Thank you for your great review! We're thrilled to hear the transaction went smoothly and that our communication and website were helpful.

Rated 5 out of 5 stars

Retail investors meet IPOs

Transparency of costs and Ts&Cs; Accessibility to data and personal communications. Based on successful exits.

December 24, 2024
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Reply from EquityZen

Thank you for your feedback! We're glad you appreciate our transparency and easy access to data. Your trust means a lot to us!

Rated 5 out of 5 stars

Simple easy platform

Simple easy platform. Easy to navigate. And provides lots of information and links to supporting documentation

December 24, 2024
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Reply from EquityZen

Thank you for your kind feedback, Ingo! We're so glad to hear that you found our platform easy to navigate and informative. If you need anything else, feel free to reach out at support@equityzen.com.

Rated 5 out of 5 stars

Easy to use, full transparency

Easy to use, transparent and quick turnaround

December 23, 2024
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Reply from EquityZen

Thank you for your feedback. We're pleased to hear you found our platform easy to use, transparent, and efficient. We look forward to the opportunity to work with you again.

Rated 5 out of 5 stars

EquityZen gives you access to otherwise…

EquityZen gives you access to otherwise unattainable companies. It's that simple. Do your own diligence.

December 10, 2024
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Reply from EquityZen

Thank you for your review. We are committed to delivering a great experience and appreciate your feedback.

Rated 5 out of 5 stars

Great Team and Deals!

I had a great experience during the entireprocess, and was able to close on a great investment!

December 4, 2024
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Reply from EquityZen

Thank you for the review, Max! We're so glad to hear the process went smoothly and that you secured a great investment!

Rated 2 out of 5 stars

I have carefully watched for…

I have carefully watched for opportunities and was able to place an investment with paperwork to have several investments end up being cancelled.

The latest cases were with Anthropic, Klarna, and Hugging Face

Then there was one incident, which I have screenshots of being able to purchase an investment that for some reason a glitch occurred with me contacting chat and customer service several times without a single reply back. Within about a week another investment was offered on Equity Zen's platform with the same company. I had really wanted to own this particular company that I couldn't complete previously (at no fault of my own) and purchased this investment, however, at over TWICE the cost per share than the previous offering.

I ended up purchasing it for a second time and contacting customer service, hoping they would consider adjusting the share price after reviewing the screenshots and documentation of my attempts to complete the purchase. I reached out through EZ's online chat option, and it's been almost a year where not receiving a single response back to date.

Thank goodness I had Alyssa as my account representative because she is the reason why I stayed with Equity Zen and continued investing. Unfortunately, for me, but incredibly happy for Alyssa, she was promoted and was removed from her previous position of assisting clients with investments.

For some reason this last incident has remained to leave a very unsettling feeling. To date, I have invested hundreds of thousands of dollars with Equity Zen. What amount would it take to receive the assistance I know Equity Zen is capable of giving?

I hope someone with the knowledge and authority to resolve this issue once and for all to our mutual satisfaction. Again, I am having trouble shaking off this one incident off. Perhaps it wasn't meant to be shaken off but dealt with and finally resolved with Equity Zen's assistance.
Sincerely,
Equity Zen Client since 2023

November 28, 2024
EquityZen logo

Reply from EquityZen

Thank you for your comments and feedback, Rohini. We always are looking for ways to improve the EquityZen experience.

We had a chance to look at our chat and email records. All of your questions that you asked of our chat bot were shared with your account representative, who, as you noted, did speak directly with you. Our chat bot is great at answering basic questions, but any sort of investment-related questions are always handled by our team members, not a bot. Our team members typically respond by calling or emailing.

I apologize for the negative experience you’ve had, and thank you for your feedback and for being a client of EquityZen. We will reach out directly to ensure you have the appropriate account coverage.

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