On February 22, Katten client dub announced its $17 million funding round from venture capital firms such as Tusk Venture Partners, which led the seed round, and individual investors, including the CEO of Uber and Co-founder of Robinhood, as reported by PR Newswire.
Founded by 22-year-old Steven Wang, who dropped out of Harvard to start the company, the dub app allows everyday investors to easily replicate the portfolios of emerging investment managers, financial influencers and former hedge fund managers from well-known asset management firms. Katten advised dub and its affiliates on regulatory issues that helped dub and its affiliated broker-dealer and investment adviser obtain registration with the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
The Katten team was led by Litigation Partner Brian Poronsky and included Financial Markets and Funds Partners Christian Hennion and Susan Light, Broker-Dealer Regulation co-chair, and Securities Litigation Partner Michael Lohnes.
"First-Ever Copy-Trading Platform dub Raises $17M Seed Round From A-List VCs and Individual Investors" PR Newswire, February 22, 2024
