Meanwhile raises $19 million
Meanwhile, a new life insurance startup, is disclosing $19 million in funding from several investors including Sam Altman, Lachy Groom, Gradient Ventures, Muoro Capital, MS&AD, and Hudson Structured Capital Management. The capital raise values the startup at $100 million.
Founded in 2022, Meanwhile is bringing bitcoin to life insurance. The startup is offering a whole life insurance product with premiums and claims entirely denominated in bitcoin.
Meanwhile was founded by Zac Townsend and Max Glasner. According to its site, it is a licensed and regulated life insurance business in Bermuda.