▼ Summary
– Dub, an investment platform targeting younger investors, has raised $30 million in a Series A funding round, bringing its total capital to $47 million.
– Founded by 23-year-old Steven Wang, Dub has surpassed 1 million downloads and features copy-trading functionality to replicate seasoned investors’ moves.
– The app offers a social-first design and viral features, including tracking trades linked to high-profile figures, for a $10 monthly subscription.
– The funding round was co-led by Notable Capital and Neo, with contributions from several venture partners and a $5.5 million venture debt facility from Silicon Valley Bank.
– Dub plans to expand its team and enhance its AI-driven recommendation engine to make investing accessible for Gen Z.
Dub, the fast-growing investment platform targeting younger investors, has just closed a $30 million Series A funding round, pushing its total capital raised to $47 million. The fresh injection comes just twelve months after the app’s public debut, validating its unique approach to democratizing trading strategies.
Founded by 23-year-old entrepreneur Steven Wang, a Harvard dropout with a lifelong passion for finance, Dub has already surpassed 1 million downloads. The app’s core innovation lies in its copy-trading functionality, letting users automatically replicate the moves of seasoned investors. “Wall Street’s elite have always had access to top-tier portfolio managers—we’re leveling the playing field,” Wang emphasized in a recent statement.
What sets Dub apart is its social-first design and viral features, including the ability to track trades linked to high-profile figures like Nancy Pelosi, whose investment disclosures often move markets. For a $10 monthly subscription, users gain access to these mirrored portfolios alongside educational tools.
The funding round was co-led by Notable Capital and Neo, with participation from Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures. Silicon Valley Bank also contributed a $5.5 million venture debt facility, signaling strong institutional confidence in Dub’s trajectory.
Wang, who famously began investing as a second-grader, has positioned Dub as more than just an app—it’s a gateway for Gen Z to build wealth through proven strategies. With this latest capital boost, the company plans to expand its team and refine its AI-driven recommendation engine, aiming to demystify investing for the next generation.
(Source: TechCrunch)
