Covercy Investment Management Software
Covercy helps General Partners and real estate syndicators manage investor relations and capital movements. It is designed for firms that need to automate waterfall distributions and provide investors with a digital portal.
At a glance
- Category
- Finance & Accounting
- Best for
- General Partners (GPs), Real estate syndicators, Commercial real estate firms
- Pricing
- Pricing starts at $398/month ($199 per entity/month) for the Fundraising Starter plan. A 14-day trial is available.
- Key use cases
- Real Estate Syndication, Investor Reporting, Capital Call Coordination, Waterfall Calculation
- Integrations
- Rent Manager, Yardi, QuickBooks, Dropbox Sign, Plaid
- Official website
- covercy.com
Covercy is an investment management platform designed for the commercial real estate sector. It combines fund administration tools with banking and payment services to help operators manage the lifecycle of a deal, from fundraising to distributions.
The software is built for General Partners (GPs), real estate syndicators, and commercial real estate firms. It supports the tracking of fund performance, the management of deal pipelines, and the coordination of capital calls and investor communications.
Key functionality includes the ability to configure equity and debt waterfall structures and execute payments via ACH, wire, or check. The platform includes an investor portal where Limited Partners may access documents and performance reports.
Buyers should confirm their specific entity count, as pricing is calculated per legal entity. Additionally, users should verify if the integrated banking services and third-party software connections meet their operational requirements.
Key Features
Calculates and processes investor payments based on customizable waterfall structures via ACH, wire, or check.
A secure, white-labeled dashboard providing investors with 24/7 access to holdings, documents, and tax forms.
Tools for managing deal pipelines, interactive pitch decks, and the collection of capital contributions.
Provides access to FDIC-insured business banking accounts through a partnership with Thread Bank.
A tool designed to help create content for fundraising decks and investor updates.
Supports domestic and international payouts with currency conversion.
Use Cases
Managing the process of pooling investor capital to acquire and manage commercial properties.
Providing LPs with performance dashboards and delivery of K-1 documents.
Executing and tracking capital calls from investors through automated payment collection.
Setting up multi-tier return hurdles and performance incentives for profit distribution.
Best For
Integrations
Pricing
Pricing starts at $398/month ($199 per entity/month) for the Fundraising Starter plan. A 14-day trial is available.
FAQ
It calculates payments based on customized waterfall structures and processes them via ACH, wire, or check.
Tiers include Fundraising Starter ($398/mo), Standard ($480/mo), and Professional ($688/mo), with costs calculated per legal entity.
Yes, it supports integrations with Rent Manager, Yardi, and QuickBooks to sync financial data.
Source category: Finance & Accounting
Source subcategory: Asset Management
