Dub Secures $30 Million in Series A Funding

Dub, a copy trading app that allows users to mirror the investment portfolios of notable investors and financial influencers, has raised $30 million in a Series A round co-led by Notable Capital and Neo, with additional participation from other venture partners and a $5.5 million venture debt facility from Silicon Valley Bank. Since launching a year ago, Dub has surpassed 1 million downloads, appealing especially to younger and retail investors by offering a subscription-based platform where users can copy the trades of high-profile individuals, including politicians and hedge fund managers. The platform aims to make investing more accessible and educational, shifting focus from individual stock picking to following proven investment strategies and enabling users to become creators themselves by sharing their own portfolios. Dub's model seeks to address rising concerns over risky financial products and investment advice proliferating on social media, positioning itself as a transparent alternative that empowers a broader demographic to participate in wealth building. The new funding will support the expansion of Dub's creator-driven marketplace and the addition of more features to increase accessibility for all investor levels. Overall, Dub is positioning itself as a tool for financial literacy and inclusion in the face of growing wealth inequality.