Funding
Bain Capital Leads $37.5M Investment in Bitcoin Life Insurance Firm
Bitcoin-denominated life insurer Meanwhile has raised $37.5 million in a new funding round led by Bain Capital Crypto, bringing its total capital raised to over $180 million. The company, which operates entirely in bitcoin, has announced a major surge in international demand for its bitcoin-denominated life insurance products, particularly in Europe, Asia, and the Middle East. Meanwhile has partnered with 15 international brokers to support its global push, and has launched a new product for high-net-worth clients outside the United States. The investment round includes existing backers such as Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital. Meanwhile's CEO, Justin Man, highlighted the growing interest in digital assets for estate planning, noting that more high-net-worth clients are asking how to plan around digital assets and transfer wealth to the next generation. The company reported significant financial momentum, with net long-term underwriting income in 2026 already surpassing full-year results from 2025 and on track to more than double year-over-year.