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    Lachy Groom

    Former Head of Stripe Issuing and Core Payments Product

    Lachy Groom, Co-Founder of Physical Intelligence

    Lachy Groom is the co-founder and CEO of Physical Intelligence (Pi), a startup that aims to bring general-purpose AI into the physical world by developing foundation models and learning algorithms to power robots and physically-actuated devices.123

    Prior to co-founding Physical Intelligence, Groom had an extensive career at Stripe, where he:

    • Led Stripe Issuing, an end-to-end platform for creating, distributing, and managing physical and virtual cards4
    • Managed product teams responsible for Stripe's core payments product, global expansion, and enterprise users4
    • Managed the global business development and operations team responsible for financial partnerships and their operations4

    Groom joined Stripe as its 30th employee and played a key role in the company's international expansion into Singapore, Hong Kong, and New Zealand.4

    In addition to his work at Stripe and Physical Intelligence, Groom is an active angel investor and serves as a board member at Rise.5

    The founding team of Physical Intelligence includes other renowned experts in robotics and AI, such as Sergey Levine, Chelsea Finn, Brian Ichter, and Karol Hausman.3 The company recently raised $70 million in seed funding from investors like Thrive Capital, Khosla Ventures, Lux Capital, OpenAI, and Sequoia Capital.23

    Highlights

    Oct 31 · twitter

    Super excited to share what we've been up to for the past 7 months!

    Oct 6 · twitter

    If you're curious what we're up to at @physical_int, this is a good glimpse into how we think about the world :)

    Apr 23 · theinformation.com
    Venture FOMO Hits Robotics, as Young Startup Gets $1.5 Billion ...
    Mar 12 · maginative.com
    Physical Intelligence Raises $70M to Build AI-Powered Robots for ...
    Physical Intelligence Raises $70M to Build AI-Powered Robots for ...
    Despite huge losses, SoftBank may try a third Vision Fund - Silicon Valley Business Journal - The Business Journals
    Despite huge losses, SoftBank may try a third Vision Fund - Silicon Valley Business Journal - The Bu
    Jul 21 · Yahoo Finance
    Observability startup Better Stack lands $18.6M in new cash - Yahoo Finance

    Related Questions

    What inspired Lachy Groom to transition from Stripe to Physical Intelligence?
    How does Lachy Groom's background in payments influence his approach at Physical Intelligence?
    What are the main challenges Lachy Groom faces as a co-founder at Physical Intelligence?
    How does Physical Intelligence differentiate itself from other robotics companies?
    What are the future plans for Physical Intelligence under Lachy Groom's leadership?
    Lachy Groom
    Lachy Groom, photo 1
    Lachy Groom, photo 2
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    Experience

    Head of Stripe Issuing, December 2012 - December 2018 (6 years)

    Location

    San Francisco, California, United States