Stockholm-based Pit, an AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools used in enterprise operations, has announced its public launch. The company also raised $16 million in funding led by Andreessen Horowitz (a16z), with participation from Lakestar, its founders, and angel investors including executives from OpenAI, Anthropic, Google, Deel, and Revolut, as well as the Stena and Lundin families.
Pit positions itself as an “AI product team as a service,” enabling enterprises to build and run custom software tailored to their internal operations. The platform aims to replace the fragmented mix of spreadsheets, inboxes, and rigid SaaS tools that continue to underpin many business processes despite significant investment in digital transformation.
Founded by former leaders from Voi, Klarna, and iZettle, Pit is designed to translate business needs into fully deployed, production-grade software. Its offering consists of two core components: Pit Studio, which learns how organisations work and builds tailored systems, and Pit Cloud, which provides governed infrastructure with enterprise-grade security and compliance features.
Unlike traditional low-code platforms or AI copilots, Pit delivers fully operational software systems rather than prototypes. The platform is already being deployed in enterprise environments across sectors including logistics, telecom, e-commerce, and healthcare, with customers such as Voi, Tre, Stena Recycling, and Kry.
For decades, enterprises have relied on software that dictates how they operate. AI now enables companies to run on systems designed around their own workflows,
said Adam Jafer, CEO and co-founder of Pit.
With the new funding, Pit plans to scale its platform and expand adoption among large enterprises seeking more flexible, AI-driven approaches to managing core business operations.
Would you like to write the first comment?
Login to post comments