Meanwhile Raises $37.5M in Funding

Meanwhile, based in Hamilton, Bermuda, the first life insurer licensed to operate entirely in Bitcoin, has raised $37.5 million in a new funding round. This latest investment brings the company total funding to more than $180 million.

Investors

The round was led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital.

Meanwhile Use of Funds

Meanwhile plans to use the capital to support its international growth and maintain its ability to meet the surge in demand for its Bitcoin life insurance products across Asia, Europe, and the Middle East.

About Meanwhile

Founded by Zac Townsend and Max Gasner, Meanwhile operates as the first life insurance carrier licensed to be denominated entirely in Bitcoin. The company provides regulated life insurance policies that allow high-net-worth clients to save, protect, and transfer wealth using Bitcoin.

Funding Details

Company Website: https://meanwhile.bm

Company: Meanwhile
Raised: $37.5M
Funding Date: October 8, 2026
Lead Investor: Bain Capital Crypto
Additional Investors: Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, Morgan Creek Digital
Company Website: https://www.meanwhile.bm
Software Category: Insurtech
Source: https://www.businesswire.com/news/home/20261008514088/en/Sam-Altman-Backed-Meanwhile-Raises-%2437.5M-as-Families-Across-Asia-Europe-and-the-Middle-East-Turn-to-Bitcoin-Life-Insurance