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Meanwhile raises USD37.5M in a funding round led by Bain Capital Crypto at a valuation of USD350M. The company will use the funds to expand its software and product development in the fintech and insurance sectors.
PRIVATEOct 08, 2026
Amount Raised
$37.5 Million
Round Type
Venture
HamiltonFinancial ServicesFinanceFintech
Investors
Northwestern Mutual Future VenturesApolloFramework VenturesHaun VenturesBain Capital Crypto
Description
Meanwhile, a Hamilton, Bermuda-based fintech and insurance infrastructure startup, raised USD37.5M in funding at a valuation of USD350M. The round was led by Bain Capital Crypto, with participation from several investors. The company aims to enhance its actuarial software and accelerate product development for its health coverage lines. Additionally, it will scale operations to attract high-net-worth digital asset holders globally.
Company Information
Company
Meanwhile
Location
90 Pitts Bay Road
Hamilton, Pembroke, Bermuda
About
Meanwhile’s mission is to leverage digital assets to provide protection and retirement services globally. Meanwhile Incorporated's subsidiary, Meanwhile Insurance Bitcoin (Bermuda) Limited, is the world's first Bitcoin life insurer. Regulated by the Bermuda Monetary Authority as a Class ILT insurer, Meanwhile Insurance is a fully functioning and launched life insurance company denominated in Bitcoin. Meanwhile’s systems allow users to easily apply for their BTC life insurance policies, a tax-advantaged way to make a portion of policyholders’ BTC active. Confident that BTC is on pace to become a global store of value and functional currency, the company’s licensed and regulated Bermuda subsidiary is entirely denominated in BTC, accepting all premiums and paying out all claims in BTC.
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