Meet Neo, your AI-powered Co-GP.Learn more
Covercy

Covercy One — The all-in-one platform for CRE fund managers.

Investment Management
  • Investor Portal

    A branded, self-serve home for your investors

  • Financial Operations

    End-to-end financial operations for your firm

  • Fundraising

    From interested investor to funded in minutes

  • Distributions

    Calculate waterfalls, pay, and reconcile in clicks

  • Integrations

    Yardi, Rent Manager, NetSuite and more

Fund Administration
  • Fund Administration

    Professional fund admin, one integrated platform

  • DTCC / AIP Connectivity

    Connect your fund to the DTCC/AIP network

  • Transfer Agent

    Cap tables, subscriptions, and investor registers

  • K-1 & Tax Support

    Reconciled books that make K-1 season painless

Fund Accounting
  • Fund Accounting

    A live capital ledger, with books kept by our team

  • Capital Account Statements

    ILPA-formatted statements for every investor

  • NAV & Valuation

    NAV, NAV per unit, and TVPI, DPI, and IRR

  • Management Fees & Expenses

    Fee runs you approve and ILPA expense lines

Payments & Banking
  • Covercy Pay

    Cross-border money transfers

  • US Banking

    Bank accounts for every fund and asset

  • Covercy Prime

    Payment plans and collections for property sellers

Powered by Neo — your AI Co-GP works across every workflow.
Meet Neo
Pricing
Resources
Articles & Insights

Expert insights, guides, and best practices

About

Our story, mission, and team

Help Center

Guides and answers for Covercy One

Contact

Get in touch with our team

Product Updates

The latest Covercy One features and improvements

Covercy Pay Help

FAQs and support docs for Covercy Pay

Book a Demo (opens in a new tab)
Transfer MoneyLog inBook a Demo (opens in a new tab)
עבריתDeutschEspañolΕλληνικάالعربيةРусский
Covercy logo
TrustRadius Top Rated 2025 badgeTrustRadius Buyer’s Choice 2026 award badgeIndustry recognition medalThoropass SOC 2 Type I compliance badge

Product

PlatformInvestor PortalFundraisingDistributionsFund AdministrationFund AccountingPaymentsFinancial OperationsCovercy PrimeNeoThread BankRent Manager IntegrationCovercy + Rent Manager

Solutions

SolutionsInvestment Management SoftwareInvestor PortalInvestor CommunicationsInvestor ReportingPerformance ReportingCapital CallsDeal SourcingFundraising Pipeline ManagementCapital Stack ManagementDistribution PaymentsGP/LP StructureReal Estate SyndicationPro-Rata DistributionDistribution WaterfallProfit DistributionPaid-In CapitalCapEx ManagementUncalled CapitalTransfer FundsFund Administration ServicesTransfer Agent ServicesDTCC AIP ConnectivityK-1 Tax SupportFundraising for SyndicationsSS&C vs CovercyApex vs CovercyAlter Domus vs CovercyUltimus vs CovercyStandish vs Covercy

Resources

Articles & InsightsHelp CenterWhat's NewCovercy Pay HelpContact SalesRequest a DemoCommercial Real Estate InvestingPCP Flow Case StudyCRE Deal Structures Guide

Legal

International Payments - Terms of UseCovercy GP - Terms of UsePrivacy & Cookie PolicyComplaintsCovercy GP Business Deposit Account AgreementCovercy VISA Debit Cardholder AgreementRegulationElectronic Disclosure & ConsentSitemap

Company

AboutCareersContact usContact SupportLog inPartnershipReferral ProgramCovercy PayRadcliffe

Banking services:

Covercy is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. The Covercy Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.

Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its 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. Pass-through insurance coverage is subject to conditions.

Payment services:

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: 7 Menachem Begin Rd, Ramat-Gan, Israel 5268102.

Payment and e-money services (Non MIFID related products) are provided by The Currency Cloud Limited. 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 United States, Payment services for Covercy Europe Ltd (Non-MIFID related products) 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.

Payment and e-money services (Non MIFID related products) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: 1 Sheldon Square, London, W2 6TT, United Kingdom. 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)

© 2026 Covercy. All rights reserved.

What's new

New features, enhancements, and fixes, newest first.

Page 3 of 3

Type
Audience

Showing 61–72 of 72 · May 31, 2026 – Apr 11, 2026

  1. May 2026
  2. ImprovedGPsMay 31, 2026

    Reports now live under their holding, with a cross-holding view for discovery

    Show detailsHide details

    Every report is now organized under the holding it belongs to, and its breadcrumbs always show that holding no matter how you got there. The primary Reports menu stays a single dashboard listing every report you own, so you can still browse across holdings and jump straight to any report. Existing report links keep working.

  3. ImprovedGPsMay 18, 2026

    See remaining and uncalled capital on the holding Overview

    Show detailsHide details

    The positions table on a holding's Overview tab now shows two new columns next to Contributions: Remaining and Uncalled. Remaining is the committed capital an investor has not yet paid, while Uncalled is the committed capital you have not yet called, so you can tell unpaid capital apart from capital still to be called at a glance. The columns appear per investor and share class in the holding's currency, and you can show or hide them from the table's column settings.

  • FixedGPsMay 17, 2026

    More accurate ownership percentages for non-unitized holdings

    Show detailsHide details

    Ownership percentages for non-unitized holdings with capped share classes now reflect each position's actual share of its class and the deal, instead of showing inflated figures. The Overview tab also hides the Units and PPU columns for non-unitized holdings, where they don't apply, so the positions table shows only the columns that are relevant.

  • ImprovedInvestorsMay 6, 2026

    Clearer bank transfer details when you fund your investment

    Show detailsHide details

    Choosing Bank Transfer on the payment step now shows the receiving account's name, account number, routing details, beneficiary address, and transfer method, each with a one-tap copy button. The wire instructions you download are also cleaner and consistently branded, so you have everything you need to send your funds correctly.

  • ImprovedGPsInvestorsMay 6, 2026

    Richer cash-flow views: capital account balances, a distribution breakdown chart, and a stacked-area default

    Show detailsHide details

    The investor portal's cash-flow screens now include a Capital Account column, so every row shows unreturned invested capital as of that date — no more tallying contributions and returns of capital by hand — and the latest balance matches the Capital Account figure on the GP side. The cash-flow chart now splits each distribution into stacked Return of Capital, Preferred, and Profit segments, making it clear at a glance how much of what an investor has received is their own capital coming back versus earnings; its performance overlay is now labeled Gross IRR and Gross CoC. The chart also opens in a stacked-area view by default, with the view toggle still available to switch modes.

  • April 2026
  • ImprovedGPsApr 30, 2026

    Choose how each investor gets paid when finalizing a distribution

    Show detailsHide details

    You can now set the payment rail per allocation when finalizing a distribution, instead of every payout defaulting to ACH. Each row pre-fills a smart default based on what the recipient and sender bank accounts support, and you can switch the rail wherever more than one option is available. The chosen rail then appears on the distribution detail view and in the investor notice email. Payment status indicators are also now hidden until a payment is actually sent, so distributions still in draft or with notices sent no longer show a misleading "pending" badge.

  • NewGPsApr 28, 2026

    Track check payments in a dedicated Check Tracking view

    Show detailsHide details

    You can now follow your check payments in one place from a new Check Tracking view, opened from a bank account's menu. See each check's current status and delivery progress at a glance, refresh a check for the latest status, and cancel or stop payment on a check while it's still eligible. Covercy will never ask you to share your password, two-factor codes, or banking credentials by email, text, or phone.

  • NewGPsApr 28, 2026

    Publish rich, holding-specific updates right on the investor portal

    Show detailsHide details

    Each holding's investor portal page can now carry a GP-authored content block — formatted text, images, videos, links, and tables — shown right alongside the position and financial data your investors already review there. You author it on the new Investor Portal Settings page, reachable from the holding's menu, which also gathers the Show in investor portal toggle and the content editor in one place (the inline toggle in your holdings table still works as before). Leave the content empty and investors see the holding page exactly as they do today.

  • ImprovedGPsInvestorsApr 26, 2026

    Clearer distribution emails, plus finalize and send LP payouts in one step

    Show detailsHide details

    Distribution notice and finalize emails have a redesigned, consistent LP-facing layout that makes the payout details, bank-account status, and next steps easier to follow, with a single Go To Investor Portal button. Notices and finalized payouts now read clearly for both single-hurdle and multi-hurdle distributions. GPs also get a new Finalize & Send option that finalizes a distribution and sends LP payout emails together, without creating a new notice version.

  • ImprovedGPsApr 22, 2026

    See everything about a capital call in one place: status, lifecycle progress, and payment link

    Show detailsHide details

    The capital-call drawer has been redesigned to lead with what matters: the requested call amount and current status up top, plus a progress rail that tracks each call from Not Called through Called, Transferred, and Invested. The call's details are organized into clear cards — position summary, call details, actions, and the email payment link while a call is in Called status. Custom fields captured on the underlying position now appear here too, matching the Positions page, so contract-specific details stay in view while you work the call. Every existing action — editing the call, sending it, reminders, and status changes — works just as before.

  • ImprovedGPsApr 19, 2026

    See your sender account balance while setting up a distribution

    Show detailsHide details

    When you choose the sender bank account for a distribution, each option now shows its available balance right in the dropdown. You can confirm there are sufficient funds before finalizing, without leaving the form to open the Banking page. Balances appear for your Covercy-connected sender accounts; investor bank accounts are unchanged.

  • NewGPsInvestorsApr 11, 2026

    Add a self-accreditation gate to your 506(b) fundraise landing page

    Show detailsHide details

    Prospects can now self-attest their accreditation status before they see full deal details on your fundraise landing page, with NDA signing available before or after. Completing the gate automatically creates a CRM opportunity for the prospect, giving GPs visibility from first contact rather than only after an investment begins. Setting up NDA templates is also easier: create or clone a template directly from the Investor Flow setup, and the template editor now only shows fields available at signing time. Covercy will never ask you to share your password, two-factor codes, or banking credentials by email, text, or phone.

    3. 3
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Learn more
    Newer
    1
    2