Dub, a copy-trading platform designed for Gen Z investors, has raised $30 million in Series A funding, totaling $47 million since its launch. Founded by Steven Wang, a 23-year-old Harvard dropout, Dub boasts over one million downloads by allowing users to emulate successful traders. The platform’s subscription service, costing $10 monthly, has gained popularity for features that let users follow the trading activities of high-profile figures like politicians. The latest funding round was co-led by Notable Capital and Neo, with other ventures also participating, highlighting strong investor interest in innovative investment solutions.
"The ultra-wealthy have long leveraged expert money managers. Now, Dub brings that same advantage to everyday investors," according to a press release citing Wang.
Dub has been steadily growing, surpassing 1 million downloads, says Dub, by allowing users to mirror the investment strategies of successful traders.
The Series A funding round brought in $30 million, bringing its total raised to $47 million since its official launch a year ago.
The platform, a subscription to which costs $10 per month, has gained viral attention for features like following portfolios that mirror trades of high-profile politicians.
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