Patent now, pay later — IP protection built for founders
IPWERX
IPWERX is the world's first AI + blockchain patent platform with founder-friendly financing — helping inventors protect their ideas 2× faster, save up to 60%, and defer costs through its Patent Now, Pay Later (PNPL) model.
From idea to company.
The Idea generated in a meeting in Vienna, Virginia under the Name Patent2go
It started with a Napikin with Bassem Kadry and Dr. Amr Eldakak
Changed the Brand Name to "IPWERX, Inc"
Digital Platform for Patent Services
ScienceWerx, Inc partnership
The formation of IPWERX, Inc with the Partnership of ScienceWerx, Inc
Building the Agentic Patent Now Pay Later "PNPL"
Building the first "Patent Now Pay Later" model with collateral of a Convertible Note
Launching the full Agentic AI Patent Services Platform for IP commercialization
Fully Agentic AI Patent Platform
It started with a napkin. In early 2017, in a meeting in Vienna, Virginia, Bassem Kadry and Dr. Amr Eldakak sketched out an idea they called Patent2go — born from a simple frustration: patenting is too slow, too opaque, and too expensive for the founders and inventors who need it most. Great ideas were going unprotected not for lack of merit, but for lack of capital.
Development began in 2019, and by 2023 the vision had matured into IPWERX, Inc — a digital platform for patent services formed in partnership with ScienceWerx. The rebrand marked a shift from a filing service to a full IP commercialization platform for early-stage founders and pre-revenue startups.
IPWERX combines AI and blockchain to reinvent every step of the patent journey. AI-powered drafting and automated prior art search make filing up to 2× faster and up to 60% more affordable. Diagnostic tools — a Patent Eligibility Report and a Commercial Readiness Report — help inventors understand both the novelty and the market potential of their ideas before they invest. And IP agreements are tokenized on-chain, creating immutable ownership records that streamline investor due diligence.
The breakthrough came in 2026 with Patent Now, Pay Later (PNPL) — the first financing model of its kind, backed by a convertible note structure. PNPL lets founders secure their IP within 30 days and spread the cost over 36 months, removing the up-front capital barrier that has kept protection out of reach for so many inventors.
In Q3 2026, IPWERX launched its fully agentic AI patent services platform — an end-to-end system for protecting and commercializing intellectual property. From a napkin sketch to an agentic platform, the mission has never changed: make sure no great idea goes unprotected.