Covercy is great for smaller or growing REPE firms
April 08, 2025

Covercy is great for smaller or growing REPE firms

Jordan Brisgel | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Covercy

With Covercy, I raise capital and track real estate asset performance. Then, I use it to communicate with my investors and distribute capital.

Pros

  • Responsiveness
  • Price
  • Onboarding
  • Targeted Focus

Cons

  • Bug Fixes
  • Banking Clarity
  • Distribution Calculation
  • Centralized Database for Investor Management
  • Online Document Signing
  • Mail Merge Communication
  • Professionalism over an Excel Calculation
  • Time Saving for Investor Communication
As time progresses and our database of assets and investors grows, being organized and professional will be increasingly important. Starting with a company that is constantly improving at a manageable price point is a major value add. I still have my property management software elsewhere, but I am confident that there will be integration soon.
I have only had once instance where I became frustrated with not being able to reach someone within an hour (which is a high bar). Both of my representatives were on vacation, and both ultimately ended up responding to me after someone else had helped out with my issue. I would say this is one of the best parts of the company for now.
Covercy is most competitive in price when evaluated against companies like InvestNext.

Do you think Covercy delivers good value for the price?

Not sure

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?

Yes

Would you buy Covercy again?

Yes

Covercy is great for a growing RE asset management or GP group. It is fairly priced and works the way it is supposed to work. On the other hand, there is a feel that this is a newer company in the space.

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