Simple and powerful investor communications.
Covercy allows us to have one platform that address all our company's investor relations needs: reporting, issuance of quarterly …
Starting at $238 per month
View PricingOverview
What is Covercy?
Covercy is a Banking-Embedded Investment Management Platform built for commercial real estate investment firms. It offers automated distribution & capital call payment processing, an Investor Portal, and APY yielding checking accounts.
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Pricing
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://www.covercy.com/pricing
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $238 per month
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Covercy?
Covercy is a Real Estate Syndication Management Software where banking meets investment management, for commercial real estate investment firms. It offers automated distribution and capital call payment processing, an Investor Portal, and APY yielding checking accounts.
Covercy is a banking-embedded investment management platform designed for the CRE (Commercial Real Estate) space. This platform is at the intersection of investment management and financial services. Covercy helps CRE investment firms with HNW (High Net Worth) investors grow their AUM (Assets Under Management). The Covercy SaaS platform manages real estate investment assets from fundraising to distribution of payments. The software tool streamlines investment management operations, automates fund distribution and empowers HNW and family office investors through a high-end investor portal. Covercy combines mission critical financial services with investor administration.
Managing payments can be a hassle for real estate GPs (General Partners). The Covercy Platform automates every step of the distribution process:
Calculates the distribution amount
Executes the payment (moves money securely)
Auto-notifies the investors
Auto-reconciles the distribution
Becomes a system of record
Covercy was founded as a foreign currency exchange business in 2015. The majority of the transactions were for commercial real estate. The vendor states that upon further investigation, there was a gap in the marketplace for investment management with embedded financial services, and so their Investment Management platform with its fully-functional investor portal was born.
Covercy Features
- Supported: Fundraising Management with online payments
- Supported: Automated Waterfalls to calculate distributions
- Supported: Investor portal
Covercy Competitors
Covercy Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Languages | English |
Frequently Asked Questions
Covercy is a Banking-Embedded Investment Management Platform built for commercial real estate investment firms. It offers automated distribution & capital call payment processing, an Investor Portal, and APY yielding checking accounts.
Covercy starts at $238.
Juniper Square, RealPage Investment Management, and AppFolio Investment Manager are common alternatives for Covercy.
Reviewers rate Availability highest, with a score of 8.3.
The most common users of Covercy are from Small Businesses (1-50 employees).
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Reviews and Ratings
(30)Attribute Ratings
Reviews
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March 25, 2024
Simple and powerful investor communications.
- Automating distribution payments,
- Streamlining investor communication
- Increasing investor satisfaction and confidence with our company as a sponsor.
March 12, 2024
Recent Covercy user
- Low transaction costs
- Easy to engage with foreign employees
- It savses us time in processing of payments
- Covercy help us provide clear insights to our investors in terms of their investment
February 27, 2024
First time real estate project with Covercy
- Cut my financial control time investment by 75%
February 27, 2024
Better your investing with Covercy!
- Reducing liability of storing bank accounts and private info has been very important. No particular affect on return.
- Sharing reports en-masse has saved significant time.
February 27, 2024
Covercy was exactly what we needed!
- Limits need to pay investment manager role: function is automated through Covercy
- Completed equity raise of over $5 Million in under 20 days to meet acquisition deadline
- Investor communication to over 25 partners takes minutes!
February 27, 2024
Covercy helped us simplify our process of sending distributions and made everything easier.
- streamlining investor communication
- reducing liability of storing investor bank accounts.
February 27, 2024
Covercy is a great investor management portal.
- Streamlined updates
- Positive investor feedback and sentiment
February 27, 2024
Everything in one system
- Clear overview in the system
- Easy pay outs
- We have one issue with a recalled payment which is until now not solved
February 27, 2024
Covercy is very easy, convenient, and not expensive
- Investors communicate
- Reducing liability
February 27, 2024
Covercy is a great tool for GP / LP investor syndication management
- streamlining investor communication
- organizing deal details
- Increased investor satisfaction and communication significantly.
- Reduced time spent by management for admin/back office work.
- Increased security around money transfers.
- Allowed self-serve functionality to investors.
May 30, 2022
Covercy for Private Real Estate Investor Funds
- 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.