PRODUCT / FINANCIAL OPERATIONS

Consider all your financial operations handled.

While you focus on scaling your firm, Covercy’s end-to-end financial operations (FinOps) framework connects disparate systems data, simplifying administrative tasks and giving you valuable time back in your day.

Covercy is a financial technology company, and is not a bank. Banking services provided by Thread Bank, Member FDIC.

Financial Operations (FinOps) Features

Covercy’s FinOps framework streamlines back-office processes for real estate firms by connecting bank accounts, integrating third-party property management and accounting tools, and layering it all on top of powerful investment management functionality. All in one simple platform. 

FDIC Insurance

Protect your funds with up to $3M of FDIC insurance per depositor, ensuring all bank accounts managed within Covercy are up to the maximum allowable limits

Funds Security

Covercy offers fully segregated bank accounts, direct transaction handling, and complete transparency. Unlike other platforms, Covercy never commingles funds, ensuring that another party’s transaction activity cannot introduce risk to you or your investors.

Connect to External Bank Accounts

Seamlessly link external bank accounts for both incoming and outgoing transactions, ensuring smooth cash flow between the GP, property or fund and the LPs, vendors, or other recipients without logging out of Covercy’s platform.

Statement Generation

Automatically generate detailed bank statements, keeping financial reporting simple and transparent for both internal and external stakeholders.

Wire

Send wires to title companies or other partners directly from the platform for faster, more secure financial transactions.

High APY Earning Accounts:

  • Earn interest on resting capital while raising funds, adding an extra layer of profitability to your investment operations. 

Vendor Payments

Pay vendors directly from the property, asset, or fund within the platform, reducing manual banking interactions, instantly reconciling accounting data, and simplifying the disbursement process.

Multi-Institutional Banking Dashboard

Manage multiple bank accounts from different institutions in one centralized dashboard, giving you a complete view of your finances, including balance summaries and transaction data. 

ACH Debit

Collect investor contributions and other payments with ACH debit, reducing the need for manual transaction processing.

ACH Credit

Distribute funds easily with ACH credit, ensuring timely payments directly to investor or vendor bank accounts.

Checks

 Issue checks when needed, adding flexibility to your payment options and supporting multiple forms of payout.

Why Covercy?

With so many investment management platforms on the market, learn why Covercy’s financial operations framework gives our GP customers a major competitive advantage over firms using a disconnected tech stack.

Updated Once, Reconciled Everywhere

Keep your investor relations, accounting, and property management data fully aligned from one single source of truth: Covercy. Real-time updates across all platforms reduce errors resulting from manual data entry, ensure seamless communication between teams, and give you complete confidence that every transaction is accurately tracked from start to finish.

Automate Payments and Scale Effortlessly

Close deals faster with Covercy’s one-click payment automation. Automatically track every transaction — incoming funds, outgoing distributions, and even vendor payments — and tap into Covercy’s unique cross-border and multi-currency support to expand your investor pool globally.

Maximum Fund Security with No Third-Party Risk

Safeguard your capital with up to $3M in FDIC insurance per account**, far exceeding the standard $250K offered by most financial institutions. Unlike other platforms, Covercy never commingles funds, providing direct and secure financial transactions for your peace of mind.

Grow Revenue with High-Yield Accounts and Faster Deal Closures

Earn passive revenue with high APY on resting capital in Covercy accounts, while efficiency gains free up time for GPs to focus on sourcing new deals. With integrated deal pages, marketing tools, and instant payments for fundraising and even direct-to-title, you’ll never miss a close.

Investor Portal

Empower your investors with real-time, secure access to detailed reports, investment updates, transaction history, tax information, and more – all in one secure, easy-to-use platform.

Distributions

Automate and streamline your payment distribution process, ensuring timely and accurate-to-the-cent investor payouts with just a few clicks.

Fundraising

Automate your fundraising process, from deal promotion to investor onboarding and, finally, instant capital collection, with Covercy’s end-to-end fundraising engine.

Payments

Seamlessly manage domestic and global payments with flexible options for receiving and distributing funds quickly and securely.

What Our Clients Say

Covercy reviews sourced by G2

Frequently Asked Questions

Covercy automates key financial processes such as contributions, distributions, bank reconciliations, and vendor payments. It integrates seamlessly with external banking systems, property management software, and accounting platforms to reduce manual tasks and ensure accurate, real-time financial data.

Covercy’s platform provides a centralized multi-institutional dashboard that consolidates all your bank accounts across different institutions. You can execute payments, reconcile accounts, and manage transactions from a single interface, making financial operations more streamlined and efficient.

 Covercy’s FinOps framework connects banking, accounting, and investor management, automating many tasks that must be done manually when using other systems, like reconciliation and payments. This reduces the risk of human error, ensures that investor and financial records are always up-to-date, and gives you as the GP real-time control over your financial operations.

Unlike many platforms that rely on third-party systems, Covercy directly connects to your bank accounts, allowing you to send ACH debits, credits, wires, and even issue checks. This eliminates delays, provides real-time reconciliation, and ensures complete visibility over all transactions. Unlike other financial institutions and payment platforms, Covercy never commingles funds. This means another party’s transaction issues will never impact you or your investors. 

Learn how Covercy’s end-to-end financial operations platform can accelerate growth for your firm

Free

Standard

Pro

Flexible investment management 
features to fit your real estate firm.

Free
Free investment management software
Free plan includes:
  • Investor management
    Manage your assets and your investors all in one place.
     
  • Investor Portal with reporting
    Elegant investor portal where your investors can review performance.
     
  • Fundraising and capital call management
    Promote new properties/assets via the platform. Record interest level and funding.
     
Get Started
Standard
Save 20%
Automate payments and increase productivity
All the benefits of Free, and:
  • Full Investor Portal
    Give access to your investors: new opportunities, assets, reports, documentation, K1s.
     
  • Automated distribution payments
    End-to-end automated distribution payments. Calculate, notify, distribute directly to your investor's bank account.
     
  • Capital call collection with ACH debit
    After fundraising commitment, automate the capital call payment processing and reconciliation.
     
Try for free
Pro
Save 20%
For growing teams and funds
All the greatness of Standard, and:
  • Funds (with capital commitments)
    Allows raising funds in an open fund structure.
     
  • FDIC insured accounts per depositor
    All funds in the Covercy Wallet are FDIC insured by our banking partner.
     
  • Fully customizable permissions
    User roles fully customizable.
     
Try for free

Learn how Covercy’s end-to-end financial operations platform can accelerate growth for your firm.

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