Buzzy investing app Dub lands $30M Series A

In Brief

Dub, the copy-trading level that says it’s transforming however Gen Z invests, has secured a $30 cardinal Series A backing round, bringing its full raised to $47 million. The deal, which laminitis Steven Wang had antecedently hinted to TechCrunch was successful the works, comes a twelvemonth aft its authoritative launch.

The 23-year-old Harvard dropout’s level has been steadily growing, surpassing 1 cardinal downloads, says Dub, by allowing users to reflector the concern strategies of palmy traders.

“The ultra-wealthy person agelong leveraged adept wealth managers. Now, Dub brings that aforesaid vantage to mundane investors,” says a property merchandise citing Wang, who told TechCrunch successful a recent podcast that helium began investing successful 2nd grade.

The platform, which costs $10 per period to subscribe, has gained viral attraction for features similar pursuing portfolios that reflector trades of high-profile politicians, including Nancy Pelosi’s disclosed moves.

The Series A was co-led by Notable Capital and Neo (which we besides just profiled). Other participants successful the circular see Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures. Silicon Valley Bank provided a $5.5 cardinal task indebtedness facility.

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