# Bitcoin life insurer Meanwhile raises $37.5M led by Bain Capital

_Published Friday, October 9, 2026 at 1:17 PM EDT · Capital · Latest · Tier 2 — Notable_

Meanwhile, a company offering life insurance in bitcoin, raised $37.5 million in funding led by Bain Capital, CEO Zac Townsend told Axios. Sources put the valuation at $350M, up from $190M in April 2025. The company is backed by Sam Altman.

## Sources

- [Techmeme](https://www.techmeme.com/261009/p10#a261009p10)

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Canonical: https://techandbusiness.org/newswire/yW4HlvGVxI-YzQHskJGi23
Published: 2026-10-09T17:17:33.018Z
Story chronology: 2026-10-09T11:25:03.000Z
Retrieved: 2026-10-09T19:36:53.725Z
Publisher: Tech & Business (techandbusiness.org)