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dub Raises $17M in Seed Funding Round

Feb 22, 2024almost 2 years ago

Amount Raised

$17 Million

Round Type

seed

New YorkFintechFinance

Investors

Silicon Valley Bank (Svb)Ryan TedderRoger Ferguson, Jr.Bill CapuzziNathan RodlandDara KhosrowshahiTusk Venture Partners

Description

dub, a NYC-based provider of a copy-trading platform, raised $17M in Seed funding. The round was led by Tusk Venture Partners with participation from a group of venture capital firms and individual investors. The company intends to use the funds to expand operations and development efforts.

Company Information

Company

dub

Location

New York, New York, United States

About

dub is transforming how individuals think about investing. By providing a simple and easy way to build and share portfolios, individuals now have access to some of the best minds in asset management. dub’s innovative copy-trading platform enables industry experts, financial influencers, and retail investors with a knack for trading, the ability to share their insights and thematic portfolios— all through an easy-to-use mobile application.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech