Rex Salisbury’s Cambryan Found Projects raises projects

Rex Salisbury, a single GP, remembers behind Cambrian Ventures, with the privilege of the time he fell in love with Fintech.

It was the year 2015, and he had recently left his job as an investment bank to experience his hand engineering in a mortgage company in San Francisco. “This is when you have companies like Stripe, Plaid, Credit Karma, and Wealthfront started to expand.” “Linding Club had just had a public subscription, and he was trading well.”

The excitement of investors in Fintech dramatically in the following years, reaching a temperature in 2021. Things calmed significantly after a year, with high interest rates.

Today, many believe that Fintech has lost its luster, but Salisbury’s enthusiasm is still strong as it happened in 2015. He feels popular opinion that most opportunities in Fintech have exhausted cannot be beyond the truth. He said: “If you are a specialist and know where to search, you will realize that only 1 % of global financial services revenues have been seized by Fintech.”

In fact, Salisbury was busy investing in startups before the seeds and the seed phase of Cambrian The opening fund is 20 million dollars. Among the 33 companies funded, Salisbury has allegations of about half the financing of the series A, which is much higher than the graduation rate of 15.4 % Followed by Carta.

These companies include Simple closureWhich helps startups closing the store, and PreserveCanadian credit card platform and payments.

Salisbury is attributed to the performance of the first fund with his ability to find strong founders “who are very good in implementation against the vision they place.”

This early success has now helped Salisbury securing a second box, which, like the first one, is launched at $ 20 million in the committed capital.

The Rail is a great achievement for a small project box such as Cambryan: a Report from Pitchbook It showed that the collection of donations by emerging project managers (defined as companies that still run their first three money) amounted to a low contract in the first half of 2025.

Salisbury is not just another investor investor. Before the launch of the Cambrian Ventures, the founding member of Fintech’s Andressen Horowitz (A16Z) was. During his many years of the prominent company, he invested in a start -up company called Deel, which will continue to become a giant in the area of salary and human resources.

Before joining the A16Z, Salisbury founded the Fintech community hosting monthly meetings for the founders, builders and sector lovers. He also launched a news message that rose to about 20,000 subscribers, and runs the recession group that is now proud of more than 1,800 institutions.

Thanks to his respectable network, Salisbury attracted an institutional from the best super technology companies such as Nerdwallet, Plaid, Betterment and Melio as LPS for his first box. These individuals have returned to invest in its second fund, which also witnessed the addition of many institutional supporters, including the bank and a life insurance company.

Salisbury says his strategy is still unchanged in the Cambrian II box, explaining that he is still focusing on “finding great founders who have new ideas for unique products.”

Of course, what is different now is that startups can benefit from all developments in artificial intelligence. “The biggest thing that the artificial intelligence allows you to do is building multi -product companies from the first day,” he said.

He explained, “Amnesty International makes it easy to write more code that does more things,” noting that its investments are in all. “They are doing banking, accounting, financing, corporate tax, treasury, human resources, HSA, FSA and some other things, all in one.”