Covercy One vs. ingage IR

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Covercy One
Score 9.6 out of 10
N/A
Covercy One is an investment management and fund administration platform built for commercial real estate general partners (GPs), syndicators, and fund managers. It brings fundraising, investor relations, distributions, banking, and fund administration into one platform.
$498
per month per 2 assets
ingage IR
Score 0.0 out of 10
N/A
IR has evolved dramatically in recent years to become a strategic function for listed companies. Sitting at the intersection of Management, the Board and the Capital Markets, IR has a critical role to play as the eyes, ears and voice of the company with key stakeholders. Building on traditional IR CRM, ingage offers a comprehensive software suite for IR and investor engagement to help quoted companies globally build and manage a class leading Investor Relations function. In…N/A
Pricing
Covercy Oneingage IR
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
Covercy Oneingage IR
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Covercy Oneingage IR
User Ratings
Covercy Oneingage IR
Likelihood to Recommend
8.3
(25 ratings)
-
(0 ratings)
Availability
8.7
(22 ratings)
-
(0 ratings)
User Testimonials
Covercy Oneingage IR
Likelihood to Recommend
Covercy
Your customer service is the best part about Covercy. I love having a contact person that is responsive and helpful. Even if Covercy doesn't have a feature that we would like or need, we are always given workarounds or suggestions on alternative solutions. Our suggestions for portal improvements are always considered and being worked on by the development team. Covercy is working on improving the customer and investor experience
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ingage IR
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Pros
Covercy
  • $3 Million in FDIC Insurance Account protection is unsurpassed and highly attractive to our project managers and investors.
  • The Onboarding of over 100 investors was simple and efficient using a spreadsheet import.
  • The Technical Staff was very helpful and supportive during our startup phase and handled project startup delays beautifully.
  • Covercy was able to handle member payouts that involved compilcated and varied bonus structures and 15 different income generating assets with varied investor contributors and we had great support in figuring out how to handle the profit distributions.
  • The Covercy Account Managers were highly professional and a pleasure to work with.
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ingage IR
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Cons
Covercy
  • We need our investors to log in and see what offerings they are invested in.
  • There is no way to add documents/photos in an organized manner.
  • As a debt fund, we want to be able to showcase our offerings to our LP Portals.
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ingage IR
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Reliability and Availability
Covercy
Our experience has been excellent so far. The only hiccup that we have had happen was when we were testing our signed document and signature process and the document wasn't initially sending. We figured out why it wasn't sending and were able to correct that issue in a very timely manner.
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ingage IR
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Alternatives Considered
Covercy
I believe that Covercy is the only solution that is currently allowing Real Estate firms to distribute funds to their investors directly through the platform. Also, both other solutions are pretty expensive compared to the reasonable pricing that Covercy has in place (function of a number of properties rather than AuM or other methods).
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ingage IR
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Return on Investment
Covercy
  • The ROI I can provide is for time management. It saves us at least 2 days' worth of work each quarter on capital distributions alone, and at least 30 minutes on each report distribution. Not to mention the amount of time it saves us on fielding client questions regarding their capital because they can just log in and see everything on their portal.
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ingage IR
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ScreenShots

Covercy One Screenshots

Screenshot of Covercy One's investor relations and investment portfolio management dashboard gives commercial real estate GPs a single view of assets under management, active fundraises, holdings, and portfolio performance — including IRR, equity multiple, cash-on-cash, and DPI.Screenshot of A white-labeled investor relations portal where limited partners self-serve their dashboard, capital accounts, distributions, reports, and K-1s 24/7 — keeping commercial real estate investors informed without manual updates from the GP.Screenshot of Integrated fund administration for commercial real estate funds: NAV calculation and fund accounting, transfer agent and cap table services, DTCC/AIP connectivity, and K-1 and tax support within one investment management platform.Screenshot of Neo, Covercy One's AI-powered Co-GP, answers questions across portfolio and fund data, flags items that need attention, and drafts investor updates, performance reports, and capital call notices — supporting investor relations and back-office workflows.Screenshot of Covercy One calculates multi-tier distribution waterfalls — preferred return, catch-up, and promote — and pays each limited partner by ACH or wire, reconciling every distribution to the investor's capital account automatically.