DGLegacy, a digital legacy planning and inheritance app, aims to help users ensure their assets are passed on to their loved ones smoothly. The app was pitched at Startup Battlefield, showcasing its innovative approach to asset management and transfer. Founded by husband-and-wife duo Ana Mineva and Peter Minev, DGLegacy allows users to maintain an updated catalog of their assets, including relevant information such as passwords.
This approach minimizes the risk of unclaimed assets, a common issue with traditional tools like trusts and wills, which can quickly become outdated. The app enables users to catalog their assets securely and upload relevant documents. Beneficiaries and trustees can then be invited to ensure they are informed about their designated assets.
DGLegacy prioritizes security, using multi-layer encryption to protect all stored information. “One of the most important things about DGLegacy is that it allows you to catalog your digital assets securely and easily. It also has a proprietary protocol for detecting a fatal event,” Peter explained.
The app monitors social media activity and biometric logins, sending an email and eventually a call to check on the user if it notices a significant pause in these activities. Once a fatal event is confirmed, DGLegacy assists beneficiaries in identifying, locating, and claiming the assets.
Simplifying digital asset management
Ana and Peter believe their app is particularly beneficial for middle-class families who may not have access to private bankers or elaborate estate planning services. They have also seen unexpected interest from users in conflict zones, such as Ukraine and Gaza, highlighting the app’s relevance in various challenging circumstances. Ana’s inspiration for DGLegacy dates back 15 years, driven by concerns about her children’s future in the event of a mishap.
Faced with the cumbersome process of manually ensuring her family’s security, she envisioned a more efficient solution. This need became more apparent through personal stories about unclaimed assets and the lack of transparency following a loved one’s death. DGLegacy operates on a freemium model.
Free users can protect up to three assets and assign one beneficiary per asset. For $6.99 per month or a one-time fee of $199, Gold users get unlimited assets and beneficiaries. The Platinum plan, which includes features like cyber breach monitoring and dedicated beneficiary support, is available for $8.99 a month or a one-time fee of $299.
Having been bootstrapped thus far, DGLegacy plans to raise its first VC round later this year or early next year, looking to expand its reach and capabilities. For more information on DGLegacy, visit their website or download the app today.
