Bain Capital Crypto and Haun Ventures are leading the charge to help the company expand
Bitcoin-based life insurance company Meanwhile has secured $82 million in fresh funding to expand its suite of digital financial products. The round was led by Bain Capital Crypto and Haun Ventures, with participation from Apollo, Stillmark, and Northwestern Mutual Future Ventures. The Bermuda-regulated company said the funds will help meet growing demand for Bitcoin-denominated life insurance, savings, and retirement products designed to protect against inflation.
Today, at @meanwhilelife, we’re announcing $82M in new funding, co-led by @HaunVentures and @BainCapCrypto with @PanteraCapital@NMFuture, @apolloglobal and @HelloStillmark also participated
This brings Meanwhile’s total 2025 funding to $122M pic.twitter.com/4EgY9RAbQ2
— Zac Townsend (@ztownsend) October 7, 2025
Meanwhile’s total funding for 2025 now stands at $122 million, following a $40 million Series A round in April led by Framework Ventures and Fulgur Ventures. The company’s offerings include Bitcoin-based life insurance policies, annuities, and savings bonds, with all premiums, policy values, and claims settled entirely in Bitcoin. Its goal is to serve both individuals and institutions seeking long-term wealth preservation through crypto-denominated insurance products.
CEO Zac Townsend said the new funding reflects confidence from both traditional and crypto-native investors. “Both domains see Bitcoin as a foundational asset for savings, protection, and intergenerational wealth transfer,” he explained. Townsend added that improving regulatory clarity could push insurers and reinsurers to view Bitcoin as a legitimate complement to sovereign fixed income instruments.
Haun Ventures partner Chris Ahn said the growing Bitcoin economy will need its own ecosystem of long-term financial products. He compared the evolution to the early US economy, which relied on traditional insurance, pensions, and mortgages to establish financial stability. Investors see the same foundation emerging within Bitcoin’s expanding financial landscape.
Meanwhile’s growth comes amid increasing overlap between the crypto and insurance sectors. Earlier this year, Barbados-based insurer Tabit raised $40 million in Bitcoin to back its property and casualty policies. Platforms like Nayms and Ensuro are also bridging decentralized finance with real-world insurance markets, signaling broader interest in Bitcoin-backed financial security products.
