Tech Company Financing Transactions

Meanwhile Funding Round

6th Man Ventures, Gradient Ventures and Hudson Structured Capital Management invested in a $19 million funding round for Meanwhile. This VC investment round was announced on 6/8/2023.

Transaction Overview

Company Name
Announced On
6/8/2023
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to be licensed and regulated as an life insurance company by the Bermuda Monetary Authority, an insurance regulator, as well as hire to its initial team and launch its first product -- Bitcoin (BTC)-denominated whole life insurance.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
90 Pitts Bay Road, 3rd Floord
Hamilton, HM08
BM
Phone
Undisclosed
Email Address
Overview
Meanwhile is a licensed and regulated life insurance business in Bermuda. Meanwhile's products are designed to comply with US tax code for favorable tax treatment.Life insurance is one of the oldest financial products in the world, but it has seen centuries of no innovation. At Meanwhile, we believe digital currencies are here to stay and that new financial products and institutions will be built on top of them. That's why we are offering the first--and only--life insurance policies based on Bitcoin.
Profile
Meanwhile LinkedIn Company Profile
Social Media
Meanwhile Company Twitter Account
Company News
Meanwhile News
Facebook
Meanwhile on Facebook
YouTube
Meanwhile on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Zac Townsend
  Zac Townsend LinkedIn Profile  Zac Townsend Twitter Account  Zac Townsend News  Zac Townsend on Facebook
Chief Information Officer
Jim Cristallo
  Jim Cristallo LinkedIn Profile  Jim Cristallo Twitter Account  Jim Cristallo News  Jim Cristallo on Facebook
Chief Technical Officer
Max Gasner
  Max  Gasner LinkedIn Profile  Max  Gasner Twitter Account  Max  Gasner News  Max  Gasner on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/8/2023: Insify venture capital transaction
Next: 6/8/2023: Martech3D venture capital transaction

 

Share this article

 


Where The Data Comes From

We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary