Best Software for 2025 is now live!
View the Winners
Covercy
Editedit
Play Video
Covercy
By Covercy
Show rating breakdown
4.6 out of 5 stars
See all 26 Covercy reviews
Save to My Lists
Paid
Claimed
This profile has been claimed and optimized by Covercy.
Optimized profiles are more likely to have the most up-to-date content, fast response times, current pricing, and more.
Contact Covercy

Covercy Reviews & Product Details - Page 2

Editadmin

Covercy Overview

Editedit
What is Covercy?

Covercy is the first banking-embedded investment management platform designed specifically for the CRE (Commercial Real Estate) space. This platform is at the intersection of investment management and financial services. Covercy is the first to launch artificial intelligence (AI) into its core product functions. Covercy helps CRE investment firms with HNW (High Net Worth) investors. The Covercy SaaS platform manages real estate investment assets from fundraising to distribution of payments so the investment management firm can do what they love: get their next deal. The Covercy secure platform is an all-in-one software tool that 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. Upon further investigation, there was a gap in the marketplace for investment management with embedded financial services. The Investment Management platform with full-functional investor portal was born.

Covercy Details
Product Website
Discussions
Covercy Community
Languages Supported
English
Show LessShow More
Product Description

Covercy enables people, businesses and primarily investors to transact overseas quickly, seamlessly and affordably. Covercy is on a mission to automate the entire process of real estate investment syndications for sponsors (GPs) and their investors (LPs).

How do you position yourself against your competitors?

Covercy is the first real estate syndication platform where banking meets investment management. Covercy is the first to offer artificial intelligence (AI) on its Platform. Save time with our automated distribution & capital call payment processing, gain your LPs’ trust with our intuitive Investor Portal, and generate interest from capital funds held in your Covercy Wallet – all in one platform.

Seller Details
Seller
Covercy
Company Website
Year Founded
2015
HQ Location
New York, US
Twitter
@CovercyLtd
476 Twitter followers
LinkedIn® Page
www.linkedin.com
37 employees on LinkedIn®
Description

Covercy is the first real estate syndication platform where banking meets investment management. Save time with our automated distribution & capital call payment processing, gain your LPs’ trust with our intuitive Investor Portal, and generate interest from capital funds held in your Covercy Wallet – all in one platform.Covercy is backed by Silvertech Ventures, Group 11 and Altair VC. The company has offices in New York, London and Tel Aviv.Covercy is a financial technology company. Payment & banking services provided by our regulated partners.

Colin R.
CR
Overview Provided by:
Colin Rau

Recent Covercy Reviews

Ellison D.
ED
Ellison D.Small-Business (50 or fewer emp.)
4.5 out of 5
"Great Product"
Very easy to use and great customer service. Covercy makes it easy to manager all of our investments in one place.
Read more
NV
NIels V.Small-Business (50 or fewer emp.)
4.0 out of 5
"Easy to work with - clear overviews"
Clear overview - good payment module - easy to use
Read more
Larry M.
LM
Larry M.Small-Business (50 or fewer emp.)
4.5 out of 5
"New and helpful"
The support has been excellent. The response time for support was also very good
Read more

Covercy Pricing

Free
Free
3 real estate assets Every Three Years
Pro
$249.00
1 real estate assets Per Month
Standard
$174.00
1 real estate assets Per Month
See all 3 Covercy pricing levels
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

Covercy Media

Covercy Demo - Fundraising
Capital raising software can automate many tasks associated with fundraising, like tracking investments, managing investor relations, and even profit distribution with integrated banking. This automation saves time and reduces the likelihood of errors.
Covercy Demo - CRE Banking
A whole new way to collect capital, distribute payments, and track assets right within your investment management platform.
Covercy Demo - Investor Portal
Give your Limited Partners (LPs) easy access to their holdings, portfolio performance, secured documents & new deal opportunities with Covercy’s beautifully designed and intuitive investor portal software.
embedded finance for real estate investment management firms
Play Covercy Video
embedded finance for real estate investment management firms
Play Covercy Video
Covercy...where banking meets investment management.
Play Covercy Video
Covercy...where banking meets investment management.
Editedit

Official Downloads

Answer a few questions to help the Covercy community
Have you used Covercy before?
Yes

26 Covercy Reviews

4.6 out of 5
The next elements are filters and will change the displayed results once they are selected.
Search reviews
Popular Mentions
The next elements are radio elements and sort the displayed results by the item selected and will update the results displayed.
Hide FiltersMore Filters
The next elements are filters and will change the displayed results once they are selected.
  • Company SizeExpand/Collapse Company Size Filter
  • User RoleExpand/Collapse User Role Filter
  • CategoryExpand/Collapse Category Filter
  • IndustryExpand/Collapse Industry Filter
  • RegionExpand/Collapse Region Filter
The next elements are filters and will change the displayed results once they are selected.
  • Sort By:
    G2 Sort
26 Covercy Reviews
4.6 out of 5
  • Sort By:
    G2 Sort
26 Covercy Reviews
4.6 out of 5
  • Sort By:
    G2 Sort

Covercy Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for CovercyQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
Log In
Want to see more insights from verified reviewers?
Log in to view review sentiment.
G2 reviews are authentic and verified.
Here's how.
Robert E.
RE
Principal
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

The Covercy team is extremely responsive and accessible for any questions with product support. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

I do not have any dislikes. So far, our experience has been good. Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

Improved how we pay and report to our investors. Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

It's great to hear that Covercy has improved how you pay and report to your investors. We're committed to providing solutions that benefit our customers.

Helpful?
Share
Admin Approval Link
Ahmed A.
AA
Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Guest users or non-business users of the software, not included in G2 scores.
What do you like best about Covercy?

how easy it is to use, implment and operate on with team members. also neat design. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

it could be huge in the MENA region if it supports arabic language, this and other things related to market awarness of such tools isn't really there. Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

automating the distribution of funds between stakeholders gives a little peace of mind to everone involved Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

It's great to hear that Covercy is helping to automate the distribution of funds and provide peace of mind to everyone involved. We appreciate your support and recommendation.

Helpful?
Share
Admin Approval Link
Verified User in Real Estate
UR
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

I like the distributionsl functionality of the system and in addition the ease and ability to transfer money online. in addition mike mcmenamin has been super helpful thorughout the process Review collected by and hosted on G2.com.

What do you dislike about Covercy?

No real downsides I've experienced yet - maybe the login feature to investors and how fast that is could be quicker streamlined process Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

Raising Capital and distribution management Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

We're thrilled to hear that Covercy is helping you with raising capital and distribution management. We appreciate your feedback and will continue to strive for excellence in our services. Mike is one of the best - 1000%. Thanks for working with Mike,

Helpful?
Share
Admin Approval Link
Verified User in Real Estate
ER
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

Ease of use, detailed user interface, smooth integration and good customer support - also good clarity and detail on bank accounts and distribution details, which is critical for us. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

Here and there, certain user features are missing - minor, but would be a game changer to have in the future. Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

Quarterly distributions and investor reporting + fund raising. Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

Thank you for your positive feedback! We're glad to hear that you find Covercy easy to use and that it has a detailed user interface. We're taking note of your suggestions for additional user features. It's great to hear that Covercy is helping with your quarterly distributions, investor reporting, and fund raising.

Helpful?
Share
Admin Approval Link
WW
Analyst
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

It's cheap. Not expensive. Their teams are great. The product could really use some work to make it easier on investors. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

I don't like that it's not easy to sign docs. They need to autopopulate more information. The whole process should be way more custom Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

They helped me build an investor portal Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

Thank you for sharing your feedback! We're glad to hear you find Covercy affordable and appreciate our team. We understand your concerns about the ease of signing documents and the need for more customization. We're continuously working to improve our platform to better serve our users. Your input is valuable to us, and we will take your suggestions into consideration for future updates. If you have any specific features or improvements in mind, please feel free to share them with us. We're here to assist you with any questions or issues you may have. Thank you for choosing Covercy for your investor portal needs!

Helpful?
Share
Admin Approval Link
Verified User in Investment Management
AI
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

On top of their great features, they have great relationships with their clients. They make sure that everything is handled well. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

I have not found anything that I did not like about Covercy Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

Covercy facilitates the fund managment of our platform, making it easier to navigate the pipeline and distribute funds. Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

We're glad to hear that Covercy is helping to facilitate your fund management and streamline your processes. Thank you for your kind words!

Helpful?
Share
Admin Approval Link
Verified User in Real Estate
ER
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

Covercy provides my investors with a transparency and communication tool for their investment. It also provides an efficient banking solution for contributions and distributions. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

Covercy is a growing platform that over time will continue to improve all of their product. Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

Investor transparency and communications. Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

It's great to hear that Covercy is solving the problem of investor transparency and communications. We're dedicated to enhancing our products and services to further benefit our users. Thank you for your valuable input.

Helpful?
Share
Admin Approval Link
Steven H.
SH
Director of Investor Relations
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

The investor portal and the support staff. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

Not having an app that can be downloaded onto a phone. Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

It is able to allow us to have an investor portal where our investors can see progress on their investments Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

We're happy to hear that our investor portal is benefiting you and your investors. Providing transparency and progress updates is a key part of our service.

Helpful?
Share
Admin Approval Link
BS
Managing Principal
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Covercy?

The merging of the investor portal with a banking function. Paying investor distributions via ACH is a breeze. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

I still don't fully understand the various types of waterfall methodologies. Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

Investor communications and making distributions in a seemless fashion. Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

It's great to hear that our service is helping you with investor communications and making distributions seamlessly. We're committed to continuously improving and providing solutions that benefit our customers. The account management team would be happy to explain and build a customizable waterfall distribution.

Helpful?
Share
Admin Approval Link
sam n.
SN
Senior Vice President
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Covercy?

Investor management portal is easy to use both as a GP and an investor. I started using Covercy as an LP investor in a syndication and have since used it as a GP on my own deals. The functionality is as good as its industry competitors (i.e. Juniper Square) but is a fraction of the price. They have a banking functionality that has been a value-add too. Review collected by and hosted on G2.com.

What do you dislike about Covercy?

Thus far their haven't been any downsides, it's made the investor management process more efficient. Review collected by and hosted on G2.com.

What problems is Covercy solving and how is that benefiting you?

It's made the process of managing investors, such as issuing distributions, documents etc., less time consuming and more efficient. Review collected by and hosted on G2.com.

Show More
Show Less
Response from Tara Lavelle of Covercy
Editedit

Thank you for sharing your positive experience with our investor management portal. We're glad to hear that you find it as good as industry competitors but at a fraction of the price. We're committed to making the investor management process more efficient, and we're pleased to hear that it has been beneficial for you as both an LP investor and a GP. Thank you for choosing Covercy!

Helpful?
Share
Admin Approval Link

Top Rated Covercy Alternatives

Yardi Breeze
(316)
4.0 out of 5
InvestNext
(219)
4.6 out of 5
Agora Real Estate
(190)
4.8 out of 5
See all Covercy Alternatives

Explore More

Microsoft 365 Reviews
Cloud Storage Security
Out of Office Messages
Intent Data
Best Graphic Design Software
Types of Advertising
Discrete vs Continuous Data
Google Compute Engine reviews
Pros and Cons Details
Covercy
Contact Covercy