TLDR:
- dub, the first copy-trading platform in the U.S., raised $17 million in a seed round
- dub’s platform allows everyday investors to replicate portfolios with a single tap
First-Ever Copy-Trading Platform dub Raises $17M Seed Round From A-List VCs and Individual Investors
Key Points:
dub secures a $17 million seed round from venture capital firms and individual investors, including the CEO of Uber and Co-founder of Robinhood. The platform enables everyday investors to copy the portfolios of investment managers, hedge funds, or elected officials easily. The company behind dub is a registered broker-dealer facilitating copy-trading practices.
dub’s founder, Steven Wang, introduces a new creator economy to investing where individuals can access various investment strategies. The platform allows users to copy portfolios effortlessly and also enables users to share their own investment strategies on the app. dub offers proprietary investment strategies from former hedge fund managers and financial influencers.
The 22-year-old founder started his investment journey early and decided to drop out of Harvard to pursue dub full-time. The platform opens up a new horizon for retail investing and allows creators and experts to share their investment insights with everyday investors.
