Create a fundraise

By the end of this guide you'll have created a fundraise on one of your holdings, chosen the fundraise type that matches how you're raising capital, and added the first opportunities to your pipeline.

Before you start

A fundraise belongs to a holding, so create the holding and its share classes first. A fundraise tracks the investors you're raising from as opportunities — pipeline records that move through stages as each investor progresses from prospect to signed. If you plan to collect payments through Covercy, you can also assign a receiving bank account, but you can add or change that later.

Choose a fundraise type

Covercy One supports three fundraise types, and the type you choose shapes the workflow and the columns you see:

• Commitment — for collecting commitments without calling capital right away. Opportunities move through the pipeline stages Potential, Soft Circled, Signed, and Lost.
• Investment — for direct investments where you'll call capital. Opportunities move through the same pipeline stages, and a capital call is set up automatically when an opportunity is signed so you can call and collect when you're ready.
• Capital call — for calling capital against investors who already have positions with uncalled commitment, rather than building a new pipeline. You select existing positions and set a call amount for each.