Key facts
- Meanwhile, a Bermuda-regulated startup, raised $37.5 million in new funding.
- The company has now raised over $180 million in total funding.
- Bain Capital Crypto led the latest funding round.
- OpenAI CEO Sam Altman is among Meanwhile's backers.
- The funding aims to meet increased international demand for Bitcoin life insurance policies.
Meanwhile, a life insurer licensed to operate completely in Bitcoin, announced $37.5 million in new funding from existing investors. The Bermuda-based company, whose backers include OpenAI CEO Sam Altman, has now raised more than $180 million. Bain Capital Crypto led the new round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital. The round follows increased international demand for Meanwhile’s Bitcoin life insurance policies, particularly in Asia, Europe and the Middle East, amid broader macro instability. "Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on," said Zac Townsend, Meanwhile’s co-founder and CEO. "Brokers came to us because their clients kept asking. This round lets us keep up with them." In early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life policy built for high-net-worth clients outside the United States, and BTC 10-Pay for US taxpayers. Policies can be owned by individuals, trusts or companies, for succession and estate planning. Net long-term underwriting income has already passed last year’s total and is on track to more than double in 2026, the company added.