Meanwhile Secures $40M in Series A Funding to Enhance Digital Asset Life Insurance Solutions
Meanwhile, a pioneering InsurTech company specializing in digital asset life insurance solutions, has successfully raised $40 million in a Series A funding round. This significant financial boost positions the company as a leader in the intersection of insurance and digital assets.
Funding Overview
The recent investment round was spearheaded by Framework Ventures and Fulgur Ventures, with notable participation from Wences Casares, founder of digital asset bank Xapo. This funding round brings the total capital raised by Meanwhile to approximately $60 million and values the firm at $190 million.
Company Background
Founded in 2022, Meanwhile operates under a license from the Bermuda Monetary Authority, which was obtained in 2024. The company’s flagship product is a whole life insurance policy, with premiums and claims entirely denominated in digital assets.
Innovative Insurance Solutions
This unique approach positions Meanwhile at the forefront of long-term insurance and digital asset financial services. According to the firm, the newly acquired capital will be utilized for:
- Enhancing insurance offerings
- Expanding operational reach
- Increasing regulatory engagement
- Supporting technological advancements
Investor Interest in Digital Assets
The funding round underscores a growing investor interest in digital asset-native financial solutions. Investors are particularly keen on innovations that effectively merge regulatory compliance with new service delivery models in traditional sectors like insurance.
For more insights on the evolving landscape of InsurTech and digital assets, visit InsurTech Insights.
