Meet Neo, your AI-powered Co-GP.
Collect capital in a few clicks — the first close and every call after.
Investors pay by Plaid-verified ACH or wire on the platform, and each payment reconciles into a live, class-aware cap table as it settles — for the initial raise and every future capital call.
ACH debit up to $1M — a one-click experience
Plaid-verified bank accounts and ACH debit fund commitments up to $1 million in the same number of clicks as a cart checkout. The investor links an account once via Plaid — no manual routing or account numbers, no wire instructions traded over email — and reuses it on the next deal.
- Plaid-verified bank account, no manual entry
- ACH debit ceiling of $1M per investment
- Pulled into the deal account on schedule
- Linked account reused on the next deal
Plaid-verified ACH debit up to $1M — no wire instructions over email.
US wire and ACH credit — for any amount
Funding $5M? $25M? Same platform, no investment-size ceiling. US wire and ACH credit lift the $1M ACH-debit cap above — they carry commitments of any size, with wire instructions delivered in-platform with reference codes and reconciliation matching incoming funds to the LP commitment. The manual rails are first-class, not buried beneath "one-click."
- No investment-size ceiling on wire or ACH credit
- Lifts the $1M ACH-debit ceiling above
- Wire instructions delivered in-platform, plus a branded PDF
- Incoming funds reconciled to the commitment
You can connect a new institution or select a saved one.
- Tartan BankPreviously connected
- First Gingham Credit UnionPreviously connected
- Connect a new institutionThen connect faster next time
You'll share contact info, account and balance info, and account and routing numbers to help you fund your account and manage your finances. Learn more
Raise from overseas investors in their own currency
Raise from investors in the US, EU, UK, and Israel — each pays in their own currency while your Holding receives its local currency. A UK investor pays in GBP; your US Holding receives USD. The FX and settlement run on integrated Covercy Pay, so cross-border commitments land and reconcile on the same rails as everything else.
- Investors in the US, EU, UK, and Israel
- Each investor pays in their own currency
- The Holding receives its local currency (e.g. GBP → USD)
- Powered by integrated Covercy Pay
Every payment reconciles into a live cap table
Each signed commitment lands in your cap table the moment it is signed — class-aware, position-level. As ACH or wire clears, the position state advances automatically: no end-of-raise reconciliation step. The cap table you see during the raise is the one you ship after.
- Commitments hit the cap table at signing
- State advances automatically as funds clear
- Class-aware across multiple share classes
- No post-raise reconciliation step
The same rails for every capital call
Funding is not just the initial close. The same ACH, wire, and ACH-credit rails — and the same live cap table — carry every future capital call, with a commitment summary, capital-call email, and wire-instructions PDF generated for each. Collect the first dollar and the last the same way.
Collect on integrated rails
Funding runs on the same banking rails as the rest of your platform — so capital lands, reconciles, and updates the cap table without a separate portal.
ACH and wire in one place
Plaid ACH up to $1M and any-size wire or ACH credit, domestic or cross-border, on integrated banking rails.
Reconciled to the cap table
Each payment matches its commitment and advances the position automatically — no end-of-raise cleanup.
Every call, same flow
The initial close and every future capital call use the same rails, summary, and wire-instructions PDF.
Part of the Covercy One platform
Funding connects to your banking, cap table, and investor portal.
Distributions
Calculate, approve, and pay distributions to the cent, then reconcile automatically.
ExploreInvestor Portal
Give LPs a branded portal for positions, documents, reporting, and capital accounts.
ExploreNeo, your AI Co-GP
The AI layer that drafts investor updates, runs reports, and automates workflows across Covercy One.
ExploreFund Administration
Institutional-grade NAV, bookkeeping, tax, and K-1s, delivered inside the same platform.
ExploreFunding questions
- How large can an ACH-debit investment be?
- ACH debit supports commitments up to $1M. For larger amounts, investors fund via ACH credit or wire — same platform, no investment ceiling. Both rails are available on every fundraise.
- How is the investor's bank account verified for ACH debit?
- Through Plaid. The LP authorizes their account once via Plaid's standard flow — no manual routing or account number entry, no microdeposit waiting period. Once verified, the same account is reusable on subsequent deals.
- Can investors fund cross-border?
- Yes. You can raise from investors in the US, EU, UK, and Israel via integrated Covercy Pay — each pays in their own currency while your Holding receives its local currency (a UK investor pays GBP, your US Holding receives USD). US wire and ACH credit remain available for any amount with no investment-size ceiling.
- Does funding cover capital calls after the initial close?
- Yes. The same ACH, wire, and ACH-credit rails and the same live cap table carry every future capital call. Each call generates a commitment summary and wire-instructions PDF, and payments reconcile and advance the position automatically as they settle.