About the offering
IQ121, Inc. is a digital legacy and document management platform headquartered in Camden, DE, with its UK parent company (IQ121.com Limited) having been in development since October 2023. The app launched on the App Store and Google Play in June 2025 in six languages: English, Spanish, Portuguese, Japanese, Chinese, and Russian. The platform was co-founded by actor Kunal Nayyar (known for The Big Bang Theory), who originated the idea after struggling to locate his parents' travel documents during the pandemic. The CEO is Lawrence Phillips, and Michael McCarthy serves as CFO with 30+ years of international finance and operational experience. IQ121's core product is a secure family vault that allows users to store wills, deeds, passwords, photos, letters, voice notes, recipes, and other important documents, with the ability to schedule future release to designated recipients. The platform is designed to address a generational wealth transfer problem: 67% of US adults have no will, and an estimated $84–124 trillion is expected to move between generations by 2050. The company positions itself as a full-stack solution combining a document vault, generational sharing, emergency alerts, and AI-generated life stories in a single app. Security is described as being built to bank and payment-processor standards from day one. Media coverage has appeared in Fortune, Business Insider, CNN, NY Post, and Yahoo Finance, among others. This Wefunder raise targets US market expansion, with funds allocated toward marketing, strategic partnerships, and scaling infrastructure. Engineering and core product development are funded at the UK parent level and excluded from this raise's allocation. The raise has a $100,000 goal and a $5M maximum, with a minimum investment of $100. The investment instrument is a convertible note with milestone-based cash redemption terms written directly into the note: 5x return at 5 million subscribers, 10x return at 10 million subscribers, plus interest. The UK parent backs the note. These outcomes are milestone-dependent and not guaranteed. The company competes in a space that has attracted $150M+ in venture capital but claims differentiation through its celebrity co-founder, multilingual global design, and breadth of features.
FAQ
How much has IQ121 raised?
IQ121 has raised $10,000 of a $5M goal.
Where is IQ121's campaign listed?
The offering is listed on Wefunder, an SEC-registered Reg CF intermediary.
What are the terms of IQ121's raise?
Convertible Debt, $10M cap, 20% discount, 10.0% interest, 60-month term.
When does IQ121's offering close?
The stated close date is Aug 23, 2026.