The Covercy Story

We are the first real estate
platform where banking meets
investment management.

Covercy began as a cross-border payments company. It wasn’t long before we noticed how many commercial real estate firms faced a real headache every “wire day.” Back then, teams were spending hours—or even days—calculating exactly how much each LP investor was owed, driving down to the bank, and sending individual wire payments. Multiply that by each property, each holding, and each investor, and some GPs were making hundreds of wires at a time.

Solving that pain point became our mission. Since then, Covercy has combined deep payments and tech expertise with commercial real estate industry experience to create a purpose-built platform that empowers real estate firms to automate investor distributions, manage payments, and scale their firms—all in one place—transforming “wire day” into a click rather than a marathon.

We knew there had to be a better way.

Solving that pain point became our mission. In 2020, we launched our Covercy GP platform, bringing together banking and investment management in one place. Combining deep payments and tech expertise with commercial real estate industry experience, our purpose-built platform empowers real estate firms to automate investor distributions, manage payments, and scale their firms — all backed by our service-driven team.

See for yourself — request a demo today.

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Leadership Team

Doron Cohen

Founder & CEO

Doron Cohen is Founder & CEO of Covercy, where he leads the company’s strategy, product vision, and growth. With over 20 years of experience in fintech and real estate, Doron has built and scaled high-growth technology businesses—most recently founding Leverate, a leading provider of software and financial solutions for FX brokerages. He holds a degree in Computer Science and Finance, and serves on multiple industry advisory boards.

Rotem Magen

Head of EMEA Accounts

Rotem Magen is Head of EMEA Sales with over a decade of experience in fintech, specializing in sales leadership, account strategy, and customer success. She is passionate about driving revenue growth, with a strong track record of expanding client portfolios, improving conversion funnels, and leading high-performing teams. Rotem holds a master’s degree in Organizational Development and Consulting and brings a data-driven, people-centric approach to every challenge.

Veronika Miller

VP Finance

Veronika Miller is the VP of Finance at Covercy, with extensive experience in financial leadership, planning, and compliance within the fintech and high-tech industries. A licensed CPA who began her professional career at EY, specializing in assurance for high-tech clients. Veronika holds an MBA in Financial Management and a bachelor’s degree in Economics.

Ilay Kiriaty

Head of Business Operations

Ilay Kiriaty is Head of Business Operations at Covercy, driving client growth and ensuring cross-border compliance. Leveraging Israeli real estate roots and US market expertise, backed by an MBA from Tel Aviv University and a BSc from Northeastern University, he streamlines global payments with automation. Ilay is dedicated to optimizing operations and elevating Covercy’s customer experience worldwide.

Peter Sanchez

President

Peter Sanchez is the President at Covercy, a Princeton University alumnus, and a proven record of building high-growth financial and tech-enabled service businesses. Peter brings a depth of industry experience to Covercy with a deep history of driving profitability, optimizing operations, and scaling enterprise value in capital markets and alternative fund administration. Formerly at Northern Trust, he led the transformation and scaling of Hedge Fund Services from $40 billion to $400 billion in AUA. A people-first leader, he aligns teams to purpose, fosters innovation, and builds brands that generate strategic value.

Kristen Erickson

Head of Marketing

Kristen Erickson is the head of Marketing at Covercy. She is a growth marketing leader in the B2B SaaS space with a relentless focus on real revenue impact. With experience in both agency and corporate environments, she prioritizes meaningful metrics over vanity KPIs. Kristen blends cutting-edge technology with strategic insight to scale systems, reach goals, and empower teams. Her approach consistently drives measurable business growth and lasting results

Guy Adika

VP, R&D

Guy Adika is the Vice President of R&D. He is a tech leader with over 15 years of experience in backend development and over 10 years in startup environments. He excels at building and mentoring R&D teams, prioritizing tasks strategically, and aligning product development with customer needs. Guy also brings hands-on experience in business development, fundraising, and strategic planning, navigating startup constraints with creative problem-solving and a strong focus on execution and impact.

Gal Miller

VP, Product

Gal Miller is the Vice President of Product and Technology at Covercy, leading the development and product strategy behind the leading investment management platform. With a background in Israel’s elite Unit 8200, he holds a BSc from the Open University of Israel and an MSc in Computer Science from Bar-Ilan University. Gal has held key leadership roles, including VP of Product at EasySend, Head of Pepper Pay, and Head of Product at ironSource, driving rapid growth, leading cross-functional teams, and executing innovative products in fintech and SaaS.

Errol Rudnick

Managing Director, Europe

Errol Rudnick is a seasoned finance and technology executive with deep expertise in asset management and information systems. Based in the U.K., he has led Covercy Europe as Managing Director since February 2015. Earlier, he served as CIO and CEO at Weston Capital Management and Tenham Asset Management and founded Rudnick LLP. A University of Cape Town alumnus with an ICAEW qualification, Errol has guided numerous startups and notable cultural organizations, demonstrating strategic finance leadership, operational transformation, and governance acumen.

Colin Rau

Director of US Sales & Client Success

Colin Rau is the Director of US Sales and Customer Success at Covercy, leading the company‘s domestic sales strategy and ensuring high levels of client satisfaction. With over nine years of experience in fintech and commercial real estate, he previously drove revenue growth at CoStar and LoopNet. Colin earned a bachelor’s degree from James Madison University and is based in Washington, DC.

Offices

NYC

7 World Trade Center,
250 Greenwich, New York,
NY 10006

LDN

5-7 Tanner St,
London SE1 3LE,
United Kingdom

TLV

Beit Gibor Sport,

7 Menachem Begin Road

Ramat Gan 5268102

Israel

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Banking services:

*Covercy is a financial technology company, and is not a bank. Banking services provided by Thread Bank, Member FDIC.
The Covercy Visa Debit Card is issued by Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted.
**Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure and a list of program banks at https://thread.bank/program-banks. Please contact customerservice@thread.bank with questions on the sweep program.

Payment services:

The Currency Cloud Limited (Non MIFID related products). Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) Currencycloud Terms of Use All testimonials, reviews, opinions or case studies presented on our website may not be indicative of all customers. Results may vary and customers agree to proceed at their own risk.

Covercy Europe Limited. Registered in England No. 675000. Registered Office: 5 Elstree Gate, Elstree Way, Borehamwood, Hertforshire, WD6 1JD, UK
Covercy Technological Trading Limited. Registered in Israel No. 57797. Registered Office: 3 Ha-Yetsira St, Ramat Gan 5252141.
For clients based in the European Economic Area, the issuance of e-money and the provision of related payment services for Covercy Europe Ltd are provided by CurrencyCloud B.V. CurrencyCoud B.V. is registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701).
For clients based in the United States, payment services for Covercy Europe Ltd. are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here. VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041.
For clients based in the United Kingdom, Covercy Europe Ltd. is an EMD Agent of The Currency Cloud Limited. Payment and e-money services are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).

We are the first real estate
platform where banking meets
investment management.

We knew there had to be a better way.