# Covercy

Covercy is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 7 World Trade Center, 250 Greenwich, New York, NY 10006, USA
- **Assets under management:** Undisclosed
- **Website:** www.covercy.com
- **LinkedIn:** https://www.linkedin.com/company/covercy

## Regulatory record

- **Reports private funds:** No

## About

Raise capital, manage investors, automate distributions, and move money — all from one command center purpose-built for real estate GPs.

## Sectors

- Real Estate
- FinTech

## Offices

- London, United Kingdom
- Ramat Gan, Israel

## People

- 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

## 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.

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Last updated: 2026-06-03T20:00:00.000Z

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