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Meanwhile - Seed
Overview
Funding Date
June 6, 2023
Financing amount
$19M
Valuation
--
Category
Subcategory
About Meanwhile - Seed
Life insurance company Meanwhile Insurance Bitcoin (Bermuda) has raised $19 million across two seed rounds. The first was co-led by Sam Altman, CEO of ChatGPT developer OpenAI, and former Stripe executive Lachy Groom. The second was led by Gradient Ventures.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Angel Investor | United States of America | -- | 6 | -- | ||
| Angel Investor | United States of America | -- | 3 | -- | ||
| Fund | United States of America | 2017 | 6 | -- |
Founders & Team
Zac Townsend
Max Gasner
Company Profile / Project Introduction
Life insurance is one of the oldest financial products in the world, but it has seen centuries of no innovation. Meanwhile believes digital currencies are here to stay and that new financial products and institutions will be built on top of them. That's why Meanwhile is offering the first—and only—life insurance policies based on Bitcoin.
With Meanwhile, you can get the same level of protection as traditional life insurance, but your premiums and payouts will be denominated in Bitcoin.