Dub Secures $30M in Series A Funding
Dub, the copy-trading platform designed for Gen Z investors, has announced a $30 million Series A funding round. This brings the company's total funding to $47 million, just one year after its official launch. The app has already surpassed 1 million downloads.
Founder Steven Wang, a 23-year-old Harvard dropout, created Dub to democratize access to sophisticated investment strategies. The platform allows users to replicate the trades of successful investors.
The ultra-wealthy have long leveraged expert money managers. Now, Dub brings that same advantage to everyday investors.
Dub offers a subscription service for $10 per month. The platform has gained viral popularity for features like mirroring the disclosed trades of high-profile figures, including politicians like Nancy Pelosi.
The Series A funding round was co-led by Notable Capital and Neo. Other participants include Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures. Silicon Valley Bank also provided a $5.5 million venture debt facility.
This latest funding will further fuel Dub's mission to empower a new generation of investors.
