Meanwhile Raises $82M in Funding Led by Bain Capital, Haun Ventures
Meanwhile Life Insurance Funding
- Meanwhile, a life insurance company offering policies in Bitcoin, raised $82 million in a new funding round.
- The funding was led by Bain Capital and Haun Ventures, bringing their total 2025 funding to $122 million.
- Initial Series A funding of $40 million was led by OpenAI CEO Sam Altman.
- Other participants in the recent round include Apollo, Framework Ventures, Fulgar Ventures, Northwestern Mutual, Pantera Capital, and Stillmark.
- Funding will expand Bitcoin-linked savings and retirement products globally.
Operation and Services
- Meanwhile is a Bermuda-based licensed life insurance carrier focusing on Bitcoin-denominated payouts.
- The firm is one of the largest Bitcoin lenders, offering lending services to institutions and policyholders.
- Policyholders with policies over two years can borrow against them at fair market value of Bitcoin.
Bitcoin Market Update
- Bitcoin reached a new all-time high of $126,198 on Oct. 6 amid market uncertainty.
- US spot Bitcoin ETFs recorded their second-highest daily inflow since inception.
- Analysts attribute Bitcoin's rise to investors seeking safe havens due to global uncertainties.