Covercy
Company

Last deal

$5.M

Amount

Venture - Series Unknown

Stage

28.03.2024

Date

4

all rounds

$11.6M

Total amount

General

About Company
Covercy is a Banking-Embedded Investment Management Platform for commercial real estate investment firms.

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founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Covercy is a transparent ecosystem that streamlines the fundraising and investor relations processes for commercial real estate investment firms. The platform includes a range of tools for GPs to manage the investment lifecycle from sourcing to closing, and allows for transferring money globally with guaranteed rates. Covercy's integrated payments and deposits engage HNW and family office investors, while its smart APY yielding checking accounts boost IRR. The company is backed by Silvertech Ventures, Group 11 and Altair VC, and has offices in New York, London and Tel Aviv. Payment and banking services are provided by regulated partners.
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