The Transparent Alternative to Agora Real Estate
More payment options, transparent waterfalls, and 54% lower cost. Plus, try free for 14 days.
No commitment. Cancel anytime during trial.
Key Advantages Over Agora
See why leading GPs are switching to Covercy's modern platform
Complete Payment Flexibility
- 4 payment methods vs Agora's 1
- Up to $5M per payment
- Automated ACH collections
💡 25x higher limits than Agora
Transparent Waterfall Calculations
- Build in Excel, see all formulas
- Download full calculations
- Per-asset or per-LP flexibility
💡 No more black box calculations
54% Lower Cost + Free Trial
- Start at $348/month
- 14-day free trial
- Cancel anytime
💡 Try risk-free today
Dedicated Account Manager
- Personal support included
- Not just general support
- Help with migration
💡 Every customer matters
Connect All Your Banks
- Track external bank accounts
- View balances & transactions
- Unified financial dashboard
💡 Complete financial visibility
Earn on Your Cash
- Up to 3.12% APY
- FDIC-insured accounts
- No hidden fees
💡 Make your money work
See Why GPs Are Switching From Agora to Covercy
A detailed comparison of features, pricing, and capabilities
Free Trial
Payment Methods
Payment Limits
ACH Debit Collections
Waterfall Transparency
Waterfall Flexibility
Starting Price
Billing Options
Pricing Model
Dedicated Account Manager
Banking Integration
Open Bank Accounts
External Bank Connections
Interest on Cash
AI Report Writing
Banking services:
*Covercy is a financial technology company, and is not a bank. Banking services provided by Thread Bank, Member FDIC. The Covercy Visa Debit Card is issued by Thread Bank, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa is accepted.
**Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank 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.
***The tiered annual percentage yield (APY) is effective as of Dec 19, 2024. This is a variable rate based on the Federal Funds Rate and may change after the account is opened. Fees may reduce earnings on the account.
Finally, Waterfalls You Can Trust and Verify
See exactly how every dollar is calculated - no more black boxes
Build in Excel
Use your existing models or create new ones
Download Everything
Get the full spreadsheet with visible formulas
Maximum Flexibility
Configure per-asset or even per-LP waterfalls
Why Transparency Matters
- •Verify calculations independently without shadow Excel files
- •Build trust with investors through complete transparency
- •Customize waterfalls for complex deal structures
- •Handle per-asset or per-LP specific terms easily
Award-Winning & Top-Rated Investment Management Platform



Verified ratings from real users on G2 and TrustRadius
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See the difference for yourself. No long-term commitment required.
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Frequently Asked Questions
Everything you need to know about switching from Agora to Covercy
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Join leading GPs who've made the switch from Agora
Why Switch to Covercy?
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