Builder

Lachy Groom

Also known as Lachlan Groom

Lachy Groom is an angel investor and a co-founder of Physical Intelligence, which develops foundation models for robots. By age 18 he had launched and sold three businesses, and in 2012 he worked at Stripe, an online payments processor. He left Stripe in 2018 to focus on angel investing full-time, backing Figma, Notion, Lattice and Ramp before they became household names. Physical Intelligence emerged from stealth in March 2024 with $70 million in seed funding. A TechCrunch article from July 2026 names him as a co-founder of the company.

Timeline

  1. By 2012

    Three businesses sold by 18

    Born in Perth, Western Australia, he launches and sells three businesses by 2012, when he is 18.

  2. 2012–2018

    Early staff at Stripe

    He works at Stripe, an online payments processor, in 2012, and serves as its Head of Issuing. In 2018 he leaves Stripe to focus on angel investing full-time.

  3. 2018–2021

    Early bets on Figma and Notion

    He backs Figma, Notion, Lattice and Ramp before they become household names. In 2021 he raises $250 million for a third fund.

  4. March 2024

    Physical Intelligence emerges

    In March 2024, Physical Intelligence emerges from stealth with $70 million in seed funding. It aims to develop foundation models for robots.

  5. Since 2024

    Co-founder of Physical Intelligence

    In July 2026, TechCrunch describes him as a co-founder of Physical Intelligence.

Sources and credits

Photo: We have no published photo of Lachy Groom yet. Send us a free-licensed photo.

  1. Lachy Groom - Wikipedia en.wikipedia.org. Checked 15 October 2026.
  2. Meet the 2012 Future Makers - SmartCompany smartcompany.com.au. Checked 15 October 2026.
  3. Lachy Groom Investments: How Stripe's Former Executive Became One of the Best Angel Investors in Tech | Hustle Fund hustlefund.vc. Checked 15 October 2026.
  4. Physical Intelligence Raises $70M to Build AI-Powered Robots for Any Application maginative.com. Checked 15 October 2026.
  5. The Anthropic-Physical Intelligence rumor roiling AI Twitter | TechCrunch techcrunch.com. Checked 15 October 2026.