Covercy was exactly what we needed!
February 27, 2024

Covercy was exactly what we needed!

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Covercy

Covercy has been an excellent investment management platform for us to streamline our investor relations and managing our distributions and promotes. We reviewed multiple platforms but are very glad we found and landed on Covercy. I would definitely recommend it!
  • Investor updates
  • Automating promotes
  • Managing distributions for partnerships
  • Better graphic integration
  • Waterfall distribution/automation
  • Investor communication
  • Automation of equity payouts
  • 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!
We can manage a partnership of 25+ investors w complex distribution structure in minutes. Covercy has completely streamlined our entire Investor Relations roles, giving us the ability to do more, bigger deals and enjoy more of our time.
I have had no issues with Covercy's availability.
Covercy was better suited for our needs. More customizable solutions and a more intuitive platform. AppFolio is our PM software and even despite this (at a similar price point) we chose Covercy.

Do you think Covercy delivers good value for the price?

Yes

Are you happy with Covercy's feature set?

Yes

Did Covercy live up to sales and marketing promises?

Yes

Did implementation of Covercy go as expected?

I wasn't involved with the implementation phase

Would you buy Covercy again?

Yes

Covercy is well suited for managing partnerships of over 20 entities, especially with promotes and waterfall distributions. Probably not as necessary or useful or cost-appropriate for simpler equity structures or partnerships with less numbers.