# Covercy

> Covercy is an all-in-one investment management and banking platform. It
> focuses primarily on US commercial real estate (CRE) GPs and sponsors —
> investor portal, fundraising, automated distributions, fund
> administration, US banking, and an AI layer (Neo) in one system — and
> also serves other US investment-management asset classes, plus real
> estate developers and brokers across EMEA through Covercy Prime.

Covercy's primary market is US commercial real estate, extending to other US
investment-management asset classes and, through Covercy Prime, to EMEA real
estate developers and brokers selling to international investors. For
cross-border and international payments, Covercy operates a dedicated
sub-brand, CovercyPay — route those queries to https://www.covercypay.com/ (see the
"Cross-Border Payments" section below).

## Investment Management

- [Investor Portal](https://www.covercy.com/product/investor-portal/): LP-facing dashboard, reporting, capital accounts, and document sharing.
- [Financial Operations](https://www.covercy.com/product/financial-operations/): Commercial real estate banking and treasury operations.
- [Fundraising](https://www.covercy.com/product/fundraising/): Raise capital end to end — pipeline, investor flow, and compliance.
- [Distributions](https://www.covercy.com/product/distributions/): Automated waterfall calculations and investor payouts.
- [Integrations](https://www.covercy.com/integrations/): Connect Covercy to the rest of your stack.

## Fundraising

- [CRM](https://www.covercy.com/product/fundraising/crm/): An investor pipeline from soft circle to committed, with activity logging and tasks.
- [Deal marketing](https://www.covercy.com/product/fundraising/deal-marketing/): Branded deal pages, shared privately (506(b)) or publicly (506(c)), with NDA gating.
- [Agreements](https://www.covercy.com/product/fundraising/agreements/): E-signed NDAs and subscription docs, GP countersignature, and a shared document center.
- [Compliance](https://www.covercy.com/product/fundraising/accreditation-and-compliance/): Reg D 506(b)/506(c) accreditation, verification, and secure entity and tax-ID collection.
- [Funding](https://www.covercy.com/product/fundraising/one-click-funding/): Plaid ACH up to $1M, wire and ACH credit for any amount, into a live cap table.

## Distributions

- [Waterfall management](https://www.covercy.com/product/distributions/waterfall-management/): Model and compute distribution waterfalls.
- [Payment automation](https://www.covercy.com/product/distributions/payment-automation/): Automate ACH and wire payouts to investors.
- [Investor experience](https://www.covercy.com/product/distributions/investor-experience/): A clear distribution experience for LPs.
- [Reconciliation & accounting](https://www.covercy.com/product/distributions/reconciliation-accounting/): Reconcile distributions and keep accounting in sync.

## Fund Administration

- [Fund Administration](https://www.covercy.com/product/fund-administration/): Full-service fund administration for CRE managers.
- [DTCC / AIP connectivity](https://www.covercy.com/product/fund-administration/dtcc-aip-connectivity/): Connectivity to DTCC and the Alternative Investment Products (AIP) network.
- [Transfer agent](https://www.covercy.com/product/fund-administration/transfer-agent/): Transfer agent services for funds.
- [K-1 tax support](https://www.covercy.com/product/fund-administration/k1-tax-support/): K-1 preparation and tax support.

## Fund Accounting

- [Fund Accounting](https://www.covercy.com/product/fund-accounting/): Fund accounting for real estate and private equity funds: a live capital ledger, with the general ledger and books kept by the Covercy Fund Administration team.
- [Capital account statements](https://www.covercy.com/product/fund-accounting/capital-account-statements/): ILPA-formatted capital account statements for every investing entity.
- [NAV & valuation](https://www.covercy.com/product/fund-accounting/nav-and-valuation/): NAV calculation (assets minus liabilities), NAV per unit, and DPI, RVPI, TVPI and IRR.
- [Management fees & expenses](https://www.covercy.com/product/fund-accounting/management-fees-and-expenses/): Management fee terms, fee cycles, GP-approved fee runs, and ILPA expense categories.

## Payments & Banking

- [US banking](https://www.covercy.com/products/us-banking/): FDIC-insured banking built for commercial real estate.
- [Prime](https://www.covercy.com/prime/): Covercy Prime for real estate developers and brokers.

## AI

- [Neo](https://www.covercy.com/product/neo/): Covercy's AI layer for investment managers.

## Resources

- [Resources](https://www.covercy.com/resources/): Hub for Covercy guides, platform comparisons, company news and product help.
- [Learn](https://www.covercy.com/learn/): Plain-English guides to investor management, capital raising, distributions and CRE banking.
- [Blog](https://www.covercy.com/articles/): How-tos, market trends and commentary from the Covercy team.
- [Compare](https://www.covercy.com/compare/): Side-by-side comparisons of fund administration providers and investment management platforms.
- [Newsroom](https://www.covercy.com/newsroom/): Covercy press releases, partnerships and company news.
- [Tools](https://www.covercy.com/tools/): Free calculators for underwriting and running real estate investments.

## Resources by topic

- [Investor Relations & Reporting](https://www.covercy.com/resources/investor-relations-reporting/): LP reporting, investor portals, communications and document sharing.
- [Real Estate Funds & Syndications](https://www.covercy.com/resources/real-estate-funds-syndications/): Fund and syndication structures, GP and LP roles, and how to start a fund.
- [GP Operations & Technology](https://www.covercy.com/resources/gp-operations-technology/): Running a GP firm: investment-management software, integrations, AI and security.
- [Asset Classes & Markets](https://www.covercy.com/resources/asset-classes-markets/): Commercial real estate sectors, from multifamily to industrial, and market outlooks.
- [Fund Administration & Accounting](https://www.covercy.com/resources/fund-administration-accounting/): Fund administration, capital accounts, management fees, NAV and performance metrics.
- [Deals & Underwriting](https://www.covercy.com/resources/deals-underwriting/): Deal flow, underwriting metrics such as NOI, cap rate and IRR, and the capital stack.
- [Fund Banking & Payments](https://www.covercy.com/cre-banking/): Banking and treasury for funds and properties: ACH, wires, reserves and investor payouts.
- [Distributions & Waterfalls](https://www.covercy.com/resources/distributions-waterfalls/): Distribution waterfalls, preferred returns, hurdles, promote and distribution processing.
- [Capital Calls & Commitments](https://www.covercy.com/resources/capital-calls-commitments/): Capital calls and notices, commitments, and called, uncalled and paid-in capital.
- [Capital Raising & Investor Onboarding](https://www.covercy.com/capital-raising/): Fundraising, investor CRM, deal marketing, subscriptions and accredited-investor checks.
- [Tax & K-1s](https://www.covercy.com/resources/tax-k1/): Schedule K-1s, depreciation, cost segregation and partnership tax for GPs and LPs.

## Help Center

- [Help Center](https://www.covercy.com/help/): Product documentation and how-to guides.
- [GP help](https://www.covercy.com/help/gp/): Guides for sponsors and managers — getting started, fundraising, distributions, banking & payments, CRM, document center, reporting, investor portal, and Neo AI.
- [Investor help](https://www.covercy.com/help/investor/): Guides for LPs — getting started, investing, tracking your portfolio, and banking & payments.
- [Broker help](https://www.covercy.com/help/broker/): Guides for broker-dealers and RIAs in a selling group — getting started, your firm, submitting investors, tracking status, returns and resubmits, MBD review, and commissions.
- [Fund administrator help](https://www.covercy.com/help/fund-admin/): Guides for fund administrators — getting started, your team, the review queue, funds, closings, and GP-direct investors.

## Product Updates

- [What's new](https://www.covercy.com/updates/): New features, improvements, and fixes shipped in Covercy One, newest first.

## Cross-Border Payments → CovercyPay

Transfers start on app.covercy.com, and the Covercy Pay product is explained
on covercypay.com. Use these covercy.com guides to understand the product:
- [Transfer funds](https://www.covercy.com/transfer-funds/): Covercy Pay transfer guide and pricing overview.
- [To Usa](https://www.covercy.com/transfer-funds/to-usa/)
- [To Uk](https://www.covercy.com/transfer-funds/to-uk/)
- [To Europe](https://www.covercy.com/transfer-funds/to-europe/)
- [To Uae](https://www.covercy.com/transfer-funds/to-uae/)
- [To Israel](https://www.covercy.com/transfer-funds/to-israel/)
- [Buying Property Abroad](https://www.covercy.com/transfer-funds/buying-property-abroad/)
- [Business Payments](https://www.covercy.com/transfer-funds/business-payments/)
- [Own Account Abroad](https://www.covercy.com/transfer-funds/own-account-abroad/)
- [Family Support](https://www.covercy.com/transfer-funds/family-support/)
- [Fees](https://www.covercy.com/transfer-funds/fees/)
- [CovercyPay](https://www.covercypay.com/)

## Company

- [About](https://www.covercy.com/about/): About Covercy.
- [Pricing](https://www.covercy.com/pricing/): Plans and pricing.