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Covercy
Covercy is a asset manager based in New York; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for...
Covercy
Raise capital, manage investors, automate distributions, and move money — all from one command center purpose-built for real estate GPs.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
7 World Trade Center, 250 Greenwich, New York, NY 10006, USA
Additional offices
London, United Kingdom · Ramat Gan, Israel
Principals
Doron Cohen
Founder & CEO
Peter Sanchez
President
Rotem Magen
Head of EMEA Accounts
Veronika Miller
VP Finance
Ilay Kiriaty
Head of Business Operations
Kristen Erickson
Head of Marketing
Gal Miller
VP Product
Colin Rau
Director of US Sales & Client Success
Errol Rudnick
Managing Director, Europe
Sector focus
Frequently asked questions
What does Covercy's platform actually replace for a real estate GP?
Covercy aggregates banking, payment execution, capital-call processing, and automated distribution waterfalls into a single interface. It replaces the typical GP's stack of manual spreadsheets, multiple bank portals, and standalone investor-reporting tools. The firm built the platform to eliminate the reconciliation and communication overhead that surfaces every distribution cycle.
Who leads Covercy and what is their background?
Founder and CEO Doron Cohen drives strategy and product vision, drawing on 20-plus years across fintech and real estate, including founding Leverage and building software for FX brokerages. President Peter Sanchez, a former Northern Trust executive, oversees profitability, operations, and compliance. Regional leaders in London and New York manage EMEA and US client growth respectively.
How does Covercy handle the movement of investor money on its platform?
Covercy embeds payment rails and banking infrastructure directly into its investment-management workflow. This allows GPs to initiate distributions, process capital calls, and transfer funds without leaving the platform or manually interfacing with external banking portals. The firm's original cross-border payments DNA underpins the money-movement capability.
Is Covercy an investment firm, or does it manage its own real estate assets?
Covercy is a technology platform provider, not an investment firm. It does not manage its own real estate portfolio or raise third-party capital for direct investment. Its core business is selling software and payment services to commercial real estate general partners who run their own funds and deals.
Does Covercy disclose assets under administration or client volume?
No. Covercy does not publicly disclose total assets administered on its platform, dollar volume of payments processed, or the number of GP firms using its technology. As a private company, it maintains operational metrics internally.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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