LG

Lachy Groom

Founder of Physical Intelligence

San Francisco, California

Overview 

Lachy Groom is the Co-Founder of Physical Intelligence and previously served as the Head of Stripe Issuing at Stripe. He has made significant investments in various companies across different sectors, including ClimateTech/CleanTech, FinTech, and Consumer Internet, such as Peak Energy, Figma, and Superhuman. Groom's career highlights include co-founding Physical Intelligence and leading investments in a wide range of successful companies like Stripe, Figma, and Superhuman, showcasing his expertise in entrepreneurship, business development, and strategic investing in innovative technologies.

Work Experience 

  • Co-Founder

    2024 - Current

Physical Intelligence is an AI company developing machine learning for robots and other physical devices.

Raised $470,000,000.00 from Bond, Lux Capital, Redpoint, Sequoia Capital, Thrive Capital, Khosla Ventures, OpenAI and Jeff Bezos.

  • Head of Stripe Issuing

    2012 - 2018

    I lead Stripe Issuing: Stripe Issuing is an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards. It’s infrastructure that enables you to do things like create employee expense cards with dynamic spending limits, generate virtual cards so marketplace couriers can pay with their phones at specific merchants, or run the entire card stack for a new digital bank. Prior, I managed the product teams responsible for our core payments product, global expansion, and enterprise users. Prior, to that I managed our global BD and operations team responsible for financial partnerships and their operations. I’ve led partnerships with Visa, Mastercard, First Data, and dozens of other financial entities across the world. I joined Stripe as our 30th employee. In addition to my primary roles managing our Payments products, and our global financial partnerships team, I've worked on: — International expansion: responsible for Stripe's expansion into Singapore, Hong Kong and New Zealand. — Product for https://stripe.com/checkout — Growth (first role held)

Stripe is an API technology company that provides online payment processing and commerce solutions for Internet businesses.

Raised $9,440,247,725.00 from E1 Ventures.

Articles About Lachy

Relevant Websites