DASTA, the operator of the copy-trading app dub, has raised $30m in Series A funding to accelerate the expansion of its mobile-based investment platform in the US.
The round was co-led by Notable Capital and Neo, with additional participation from Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures.
The Series A round also incorporates a $5.5m debt component extended by Silicon Valley Bank, which operates under First Citizens Bank.
This latest raise brings the total capital secured by dub to $47m. The funds will be directed towards scaling dub’s creator-focused investing marketplace and developing new features aimed at increasing participation from investors across varying levels of experience.
Launched publicly in 2024, dub allows users to replicate the investment strategies of other individuals by directly mirroring their model portfolios via the mobile platform.
The app is said to have surpassed one million downloads within a year of its official launch. The platform supports a wide array of portfolio contributors, including financial influencers, experienced traders, and retail associates.
Unlike traditional trading platforms that emphasise individual stock selection, dub enables users to select entire portfolios managed by visible, trackable individuals.
The app’s model is claimed to be built around transparency, education, and accessibility, and seeks to lower the entry barriers typically associated with stock market participation.
A key feature of dub’s offering is its creator programme, operated under the name dub Advisors.
The initiative compensates investment creators with royalties based on the usage and replication of their model portfolios. This structure aims to monetise financial insight while broadening access to investing for a broader demographic.
The company has positioned its service as a means of closing participation gaps in the equity markets. Internal figures cited by dub suggest that approximately 40% of American adults do not own any stocks, while a significant share of total market wealth is held by the top 10% of earners.
By simplifying the investing process and rewarding expertise sharing, dub intends to support financial literacy development while offering retail users more structured market entry points.
The platform combines elements of social media with regulated investment offerings, creating an interface where users can learn from and act on the experience of others. With its expanding contributor base and features designed for retail accessibility, the company intends to grow its share in a market where retail investing has gained momentum post-pandemic.
dub founder and CEO Steven Wang said: “The ultra-wealthy have long leveraged expert money managers to invest their capital. Now, dub brings that same advantage to everyday investors in an accessible and user-friendly way.
“As the largest wealth transfer in history takes place, younger investors face unprecedented exposure to risky financial products and questionable investment advice from social media, with almost 40% of young investors relying on platforms like YouTube or TikTok for financial guidance.”
