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Covercy description
Covercy is an all-in-one software designed for commercial real estate investment firms, particularly those working with high-net-worth individuals. It streamlines investment management, automates fund distribution, and provides a portal for investors to track their portfolios. From fundraising to payment distributions, Covercy helps manage real estate investment assets so firms can focus on their next deal. This includes automated calculations, secure payments, investor notifications, and detailed record-keeping.
Who is Covercy best for
Covercy helps small commercial real estate investment firms manage high-net-worth individual investments. It streamlines processes from fundraising to distributions, offering automated calculations, secure payments, and investor reporting. Users praise its ease of use and customer support but note occasional bugs and areas for improvement in complex calculations.
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Best for small commercial real estate investment firms working with high-net-worth individuals.
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Ideal for commercial real estate investment firms.
Covercy features
| Supported Covercy supports generating investor reports with customizable templates and automated delivery. |
| Supported Covercy allows sharing documents, including pitch decks, with investors through its platform and investor portal. |
| Supported Covercy supports fundraising progress tracking, investor interaction management, communication, and reporting. |
| Supported Covercy automates calculations and distributions based on predefined waterfall structures. |
| Supported Covercy supports fundraising workflow management, including investor communication, deal tracking, and closing processes. |
| Supported Covercy tracks investment performance, including ROI and IRR. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Covercy reviews
We've summarised 83 Covercy reviews (Covercy TrustPilot reviews and Covercy G2 reviews) and summarised the main points below.
- Excellent and responsive customer support.
- User-friendly interface and easy to use platform.
- Streamlined investment management and automated fund distribution.
- Provides a transparent investor portal.
- Competitive pricing compared to alternatives like Juniper Square.
- Occasional bugs and slow loading times reported.
- Complex waterfall calculations need improvement.
- Lack of mobile app.
- Limited document management features, such as saving drafts and deleting uploads.
- Some find the document verification process excessive.
Covercy pricing
The commentary is based on 8 reviews from Covercy G2 reviews and Covercy TrustPilot reviews.
Covercy's pricing is generally considered competitive and a good value, especially for smaller transactions and compared to competitors like Juniper Square. Some users find it affordable and inexpensive while others note higher costs for large transfers or compared to traditional banking.
Users sentiment
See the Covercy pricing page.
Covercy alternatives
Juniper SquareBetter for larger firms and has more momentum. A Juniper Square alternative for managing private investment partnerships.Read more
InvestNextBetter for firms of all sizes, not just medium and large businesses. Has a faster employee growth rate, indicating strong momentum. Offers more comprehensive customer support including video tutorials. Provides positive pricing sentiment and flexible plan options. Includes more robust features like document upload. However, some users report a difficult initial setup. A Covercy competitor and alternative for real estate investment management.Read more
XQ FundyBetter fit for property and private equity fund managers. Caters to pension institutions, asset managers, and valuers. Has more momentum currently.Read more
NMI MRMBetter for payment processors seeking to manage merchant relationships. Not designed for real estate investment management. Focuses on merchant onboarding, automated underwriting, and CRM tools.Read more
RealeflowBetter for finding, analyzing, and funding deals. Caters to a wider range of real estate investors. Has more website traffic momentum.Read more
REsimpliBetter for smaller real estate investors. Focuses on lead management, marketing automation, and deal streamlining. Has positive pricing sentiment and is growing faster. Users love the customer support and ease of use.Read more
Covercy FAQ
What is Covercy and what does Covercy do?
Covercy is a real estate investment management software designed for firms working with high-net-worth individuals. It automates fund distribution, streamlines investment management, and offers an investor portal for portfolio tracking. Covercy helps manage assets, from fundraising to distributions, enabling firms to focus on dealmaking.
How does Covercy integrate with other tools?
Covercy integrates with various tools to enhance its functionality. It supports payment gateways for seamless transactions and offers integrations for investor reporting and document sharing. Further details on specific integrations are limited.
What the main competitors of Covercy?
Covercy competes with Juniper Square, InvestNext, and XQ Fundy in the real estate investment management software space. While Aumni focuses on venture capital and Capboard on equity management, they offer some overlapping functionalities regarding investor relations and portfolio management. REsimpli, geared towards individual investors, is less directly comparable.
Is Covercy legit?
Covercy appears to be a legitimate software option for commercial real estate investment firms working with high-net-worth individuals. User reviews highlight excellent customer support and a user-friendly interface. However, some users mention occasional bugs and areas for improvement. Consider exploring alternatives if those concerns are critical for your business.
How much does Covercy cost?
I couldn't find pricing information for Covercy. Therefore, I can't tell you whether Covercy is worth the investment. Contact Covercy directly to obtain current product pricing details.
Is Covercy customer service good?
Covercy's customer service is generally viewed positively. Users highlight the responsive and helpful support team, particularly mentioning their willingness to address questions and resolve issues promptly. While some users report occasional bugs and slow loading times, the overall sentiment towards customer service remains positive.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.