Pit, a Stockholm, Sweden-based AI-native enterprise operations platform, has raised $16 million in funding.
Investors
The round was led by Andreessen Horowitz (a16z), with participation from Lakestar, Pit founders, and executives from OpenAI, Anthropic, Google, Deel, and Revolut, as well as the Stena and Lundin families.
Andreessen Horowitz (a16z) is a venture capital firm that backs entrepreneurs shaping the future through technology. Founded in 2009, the firm manages multiple funds across stages, sectors, and geographies. a16z invests in seed- to growth-stage companies across AI, bio + healthcare, consumer, crypto, enterprise, fintech, gaming, and infrastructure, as well as companies contributing to American dynamism. The firm currently manages more than $90 billion in assets under management across multiple funds.
Pit Use of Funds
The company will use the funding to scale its AI-native enterprise software platform, expand deployments across industries, and accelerate the development of custom AI-powered operational systems for enterprises.
About Pit
Led by CEO Adam Jafer, Pit is an AI-native enterprise software platform that helps companies replace spreadsheets, inboxes, and rigid SaaS tools with custom-built operational systems. Its platform includes Pit Studio, which learns company workflows and builds operational systems, and Pit Cloud, which provides enterprise-grade governance, security, and infrastructure. Headquartered in Stockholm, Sweden, Pit is already being used across logistics, telecom, ecommerce, and healthcare sectors, delivering automation, operational efficiency, and workflow optimization for enterprises.
Funding Details
Company: Pit
Raised: $16.0M
Round: Seed
Funding Date: May 2026
Lead Investor: Andreessen Horowitz (a16z)
Additional Investors: Lakestar, executives from OpenAI, Anthropic, Google, Deel, Revolut, Stena, and Lundin families
Company Website: https://pit.com/
Software Category: AI-native Enterprise Operations Software
Source: https://www.globenewswire.com/news-release/2026/05/07/3289856/0/en/pit-launches-with-16-million-led-by-andreessen-horowitz-to-bring-ai-native-software-to-enterprise-operations.html