Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Cambrian Ventures launches with a $20 million fund backed by top fintech entrepreneurs


News provided by

Cambrian

Jul 26, 2022, 10:30 ET

Share this article

Share toX

Share this article

Share toX


Cambrian Ventures, a new early-stage venture capital firm led by former Andreessen Horowitz partner Rex Salisbury, today launched its inaugural $20 million fintech-focused fund investing at the angel, pre-seed and seed stage. The fund is backed by top fintech entrepreneurs, including the founders of Nerdwallet, Plaid, Simple, Alloy, Modus, SentiLink, Jeeves, Betterment, Blend, Routable, Trim, LendUp, One, SoFi, Moonpay, LoanPro, Altruist, Melio, and more. The fund aims to accelerate the growth of early-stage fintech firms through a community-based approach.

SAN FRANCISCO, July 26, 2022 /PRNewswire-PRWeb/ -- Cambrian Ventures, a new early-stage venture capital firm led by former Andreessen Horowitz partner Rex Salisbury, today launched its inaugural $20 million fintech-focused fund investing at the angel, pre-seed and seed stage.

Among the fund's investors are some of the most influential entrepreneurs and operators in the fintech sector. This includes the founders of Nerdwallet, Plaid, Simple, Alloy, Modus, SentiLink, Jeeves, Betterment, Blend, Routable, Trim, LendUp, One, SoFi, Moonpay, LoanPro, Altruist, Melio, and more.

Andreessen Horowitz fintech lead Rex Salisbury launches Cambrian Ventures with a $20 million fund

Post this

Through the fund, Salisbury will extend the Cambrian fintech community he established in 2016 to share resources, knowledge, and mentorship among industry peers to the next generations of visionary founders. Initially founded as a passion project outside of his day job as a software engineer at a fintech startup, Salisbury has quickly grown the community to a global network with over 15,000 subscribers, 4,000 meetup attendees, and a Slack community with 1,100+ fintech founders.

Prior to launching the fund, Rex was a founding partner of the fintech team at Andreessen Horowitz (A16Z), a role he began three years after launching Cambrian in 2016. While at A16Z, he helped build the fintech vertical and invested in a number of deals including Deel and Tally, companies he had previously encountered in his work with Cambrian. In launching the fund, Salisbury is going back to the community roots, where he is able to help founders at the earliest stage.

"In seeing the positive and meaningful impact this community of experienced fintech founders and investors has had thus far, Cambrian's venture fund was a logical next step. There is a unique opportunity to mobilize the Cambrian community to facilitate vital connections while adding operational expertise and capital at the earliest and most critical stage of founder-market fit," said Rex Salisbury, Founder and General Partner of Cambrian. "The fund aims to leverage the entrepreneurial experience, subject matter expertise, operational expertise, and industry insights within the Cambrian community to support the next generation of fintech entrepreneurs."

"Rex has pioneered a new frontier for fintech entrepreneurs by harnessing the power of community around a fund structure," said Andy Carra, co-founder of SoFi and investor in the fund. "Cambrian's success to date is due to Rex's passion, sense of camaraderie, and extensive belief in both fintech's potential and the power of community."

Cambrian plans to invest in 30 companies, with investments of up to $500K at the angel, pre-seed, and seed stage within the fintech sector. Cambrian has made five investments over the last few months, including Keep Financial's recent seed round. To date, Cambrian has assisted in matching more than 500 co-founders and investors and has helped members make key hires through its talent collective and referral job board.

"Cambrian is an ideal partner for us because they blend a community ecosystem with Rex, an investor with extensive experience in building and scaling fintech startups," said Rob Frohwein, co-founder of Keep Financial and Kabbage, which was acquired by American Express in 2020."

"Rex's influence, reach, and ability to identify the next great entrepreneurs in fintech are impressive and made him a valuable asset at A16Z," said Anish Acharya, General Partner on the A16Z fintech team. "We are delighted to see how he and Cambrian will continue to support the fintech ecosystem with the launch of this fund."

For more information, please visit https://www.cambrianhq.com.

About: Cambrian Ventures is an early-stage venture capital firm supporting entrepreneurs in fintech. The firm was started by Rex Salisbury, a founding member of A16Z's fintech practice. The fund serves as the investment arm of the Cambrian fintech community created by Salisbury in 2016 with over 15,000 subscribers, 4,000 meetup attendees, and a Slack community for 1,100+ fintech founders. The firm is backed by leading fintech founders, operators and investors. For more information, please visit https://www.cambrianhq.com.

Media Contact

Tanya Hayre Gillogley, Cambrian, 1 (862) 245-1829, [email protected]

SOURCE Cambrian

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.