Dub, the copy-trading platform that says it’s transforming how Gen Z invests, has secured a $30 million Series A funding round, bringing its total raised to $47 million. The deal, which founder Steven Wang had previously hinted to TechCrunch was in the works, comes a year after its official launch.
The 23-year-old Harvard dropout’s platform has been steadily growing, surpassing 1 million downloads, says Dub, by allowing users to mirror the investment strategies of successful traders.
“The ultra-wealthy have long leveraged expert money managers. Now, Dub brings that same advantage to everyday investors,” says a press release citing Wang, who told TechCrunch in a recent podcast that he began investing in second grade.
The platform, which costs $10 per month to subscribe, has gained viral attention for features like following portfolios that mirror trades of high-profile politicians, including Nancy Pelosi’s disclosed moves.
