Fidelity Private Shares streamlines startup equity operations by combining cap table administration, 409A valuations, scenario modeling, automated equity financing, board and stockholder communication, and secure automated data room storage into one collaborative platform. The system integrates legal document generation, financing workflows, and stakeholder access control while simplifying incorporation for Delaware C corporations. Backed by Fidelity’s expertise and startup-friendly design, it helps founders and investors scale smoothly from formation through exit.