# Covercy

> Covercy is a financial technology company serving commercial real estate investment managers. It began with cross-border payments, followed customer demand into investor management, and now sells Covercy One, a platform joining fundraising, banking, distributions, fund administration, reporting, and AI assistance.

- **Founded:** 2015
- **Headquarters:** New York, United States
- **Founders:** Doron Cohen (Founder and CEO), Gonen Tiberg (Co-founder; role unconfirmed)
- **Products:** Covercy One, Covercy Pay, Neo, Covercy Prime
- **Notable:** The company says real estate investment payments accounted for 65% of its payment volume by 2019., Covercy says it now serves 300 investment firms and 30,000 investors and processes $2 billion in payments annually., Launched Covercy One in April 2026 after rebuilding its platform around a unified data model.

## Products & services

- **Covercy One** — Commercial real estate investment management platform for fundraising, CRM, investor portal, capital calls, distributions, reporting, banking, and fund administration.
- **Covercy Pay** — Cross-border payment and currency transfer service, the company’s original business.
- **Neo** — AI assistant across Covercy One workflows, including data questions, drafting, and reports, with human approval for critical actions.
- **Covercy Prime** — Off-plan property sales and payment-plan management for UAE developers and brokers.

## Achievements

- The company says real estate investment payments accounted for 65% of its payment volume by 2019.
- Covercy says it now serves 300 investment firms and 30,000 investors and processes $2 billion in payments annually.
- Launched Covercy One in April 2026 after rebuilding its platform around a unified data model.

## Latest updates

- **2026-06** — Published a comparison of Covercy GP and Covercy One and refreshed its fund-management product explanation.
- **2026-04** — Launched Covercy One with Neo, embedded banking, and full-lifecycle fund-management workflows.
- **2025-12** — Announced a strategic fund-administration partnership with NAV Fund Services.
- **2025-02** — Introduced AI writing assistance for investor communications and reports.

## Links

- Website: https://www.covercy.com/
- LinkedIn: https://www.linkedin.com/company/covercy
- Twitter/X: https://twitter.com/CovercyLtd
- YouTube: https://www.youtube.com/c/Covercy
- Facebook: https://www.facebook.com/Covercy

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Profile page: https://yespress.io/covercy
Published by YesPress — https://yespress.io
Last updated: 2026-09-29
