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Pit

Full company profile

uuid00vqkzj

Namestring
Pit
Legal namestring
Pitdotcom Sweden AB
Websiteurl
pit.com
Company typeenum
Private
Founded yearint
2025
Descriptiontext

Pit (Pitdotcom Sweden AB) is a Stockholm-based, privately held AI software company founded in 2025 that positions itself as an "AI product team as a service" for mid-to-large European enterprises. Its platform learns how a customer's business operates and translates operational requirements — across operations, finance, and customer workflows — into custom, production-grade internal software, replacing the spreadsheets, inboxes, and rigid SaaS tools that enterprises use to manage fragmented processes. The platform is sold through direct enterprise sales under bespoke Master Services Agreements with a land-and-expand motion from pilot to enterprise-wide rollout, supplemented by a self-serve "Start demo" entry point and a system-integration channel partnership with Nexer Group. Pricing is quote-based per engagement with multi-year contract terms; revenue mechanics combine upfront build fees and ongoing managed platform operations on Pit Cloud.

The technical stack is structured as a two-component architecture: Pit Studio is the AI-driven software-generation front end that produces documented, maintainable, production-grade code with monitoring and rollback, while Pit Cloud is the governed enterprise infrastructure back end providing tenant isolation, ISO 27001-aligned security, SSO, role-based access control, full audit trails, and observability for every customer in a fully isolated EU environment. The platform is model-agnostic, with EU-hosted model options available to meet data residency requirements under GDPR, NIS2, and the EU AI Act. The system ingests natural-language problem descriptions and outputs integrated software and automated workflows across use cases including contract and invoice validation, campaign management, cross-system data reconciliation, approval workflows, spare-parts logistics, and billing automation.

Pit is led by CEO and co-founder Adam Jafer alongside co-founder Fredrik Hjelm — both co-founders of European scooter operator Voi — with additional founding engineers and designers drawn from Voi, Klarna, and iZettle. The company publicly launched on 7 May 2026 alongside a $16 million seed round led by Andreessen Horowitz (a16z) with Lakestar, the Stena and Lundin Swedish family offices, and angel investors from OpenAI, Anthropic, Google, Deel, and Revolut. Live enterprise deployments at launch included Voi (mobility), Tre (telecommunications), Stena Recycling (industrial), and Kry (healthcare), with additional multibillion-dollar customers referenced in the broader logistics, telecom, healthcare, and industrial sectors.

Short descriptiontext

Pit (Pitdotcom Sweden AB) is a Stockholm-based AI software company, founded in 2025, that sells an "AI product team as a service" generating custom, production-grade enterprise software for mid-to-large European companies across logistics, telecom, e-commerce, healthcare, and industrial sectors.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersStockholm, Sweden
HQ citystring
Stockholm
HQ countrystring
Sweden
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
AI software generation, enterprise workflow automation, custom enterprise software, AI process automation, governed cloud infrastructure
Industry4 codes
1AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI)
CodeHDAEANAIPrimaryYes
2IT Workflow Automation & Orchestration Platforms
CodeHDAEALAFPrimaryNo
3Platform Engineering & Internal Developer Platforms (IDP) for Compute
CodeHDABADAIPrimaryNo
4Developer Tools & DevOps Platform Services (CI/CD, Artifacts, IaC)
CodeHDABAAAIPrimaryNo
NAICS code3 codes
  • Custom Computer Programming Services541511
  • Computer Systems Design and Related Services54151
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services51821
SIC code3 codes
  • Services-Computer Programming Services7371
  • Services-Computer Integrated Systems Design7373
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Enterprise Workflow Automation Software
Social media profiles2 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Enterprise custom software engagements
TypeProfessional Services
Description

Revenue from building and operating custom AI-generated internal software systems for enterprise customers. Described as 'AI product team as a service' — Pit deploys engineers and AI to design, build, and maintain bespoke operational systems, replacing spend that would otherwise go to SaaS licences, in-house engineering, or ERP modernization. Enterprise customers engage under Master Services Agreements (per the Terms of Service), supporting a land-and-expand motion where pilots expand into enterprise-wide rollouts.

pit.com
2Ongoing managed platform operations
TypeManaged Services
Description

Recurring element tied to running and governing the deployed custom systems on Pit Cloud (tenant isolation, SSO, RBAC, audit trails, ISO 27001, observability). Pit maintains the software long-term, contrasting with one-time builds, generating managed-services revenue per deployment.

pit.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Pricing details1 tier
1Quote-based enterprise engagement
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing is determined per engagement; customers contact Pit via website form. No public tiers, seat counts, or usage rates disclosed. Positioned as 'AI product team as a service' replacing in-house build costs and SaaS licence fees.

pit.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1Pit Studio
Description

Component of the Pit platform that learns how a business works and builds the system that runs it.

pit.com
+1 more record
Core offering1 text field

Pit builds and operates custom, production-grade AI-generated internal software systems for mid-to-large enterprises, replacing manual workflows, spreadsheets, and rigid SaaS tools. The platform combines Pit Studio (AI that learns a business's operations and generates bespoke software in days to weeks) with Pit Cloud (governed, ISO 27001-aligned EU infrastructure with tenant isolation, SSO, RBAC, and audit observability) under bespoke Master Services Agreements.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 85% reduction in campaign execution time
+4 more records
Product overview1 text field

Pit operates a single, unified AI-native enterprise operations platform that is structured as a platform-plus-modules architecture with two tightly integrated core components: Pit Studio, the AI-driven software-engineering front end that learns a customer's workflows and generates the custom, production-grade software that runs them, and Pit Cloud, the governed enterprise infrastructure back end that hosts those systems with ISO 27001-aligned security, tenant isolation, SSO, RBAC, and full audit observability. Together Pit Studio (the "AI product team as a service" that builds the system) and Pit Cloud (the runtime that runs it securely and at enterprise scale) form the offering that mid-to-large enterprises use to replace spreadsheets, inboxes, and rigid SaaS tools with AI-generated internal systems across logistics, telecom, e-commerce, healthcare, and industrial sectors.

Product and service2 records
1Pit Studio
CategoryCore platform — AI software generation front end
Description

AI-driven component of the Pit platform that learns how a customer's business operates and generates the custom, production-grade internal software and automated workflows that run it; positioned as the "AI product team as a service" that turns briefs into deployed systems in days to weeks, producing documented, maintainable, production-ready code rather than prototypes.

2Pit Cloud
CategoryCore platform — governed infrastructure back end
Description

Enterprise-grade infrastructure component of the Pit platform that hosts the systems Pit Studio builds, providing tenant isolation, ISO 27001-aligned security, SSO, role-based access control (RBAC), full audit trails, and observability; each customer runs in its own fully isolated environment within the EU, designed for GDPR, NIS2, and EU AI Act compliance.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierFlagshipTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-06-17
Description

Strategic partnership announced 17 June 2026 combining Nexer's enterprise transformation, software engineering and managed services expertise (2,450 experts in 16 countries) with Pit's AI-native software development platform. Together they support organisations modernising application landscapes, accelerating software delivery, and embedding AI into core business processes. Quoted: Martin am Zoll (CEO, Nexer) and Adam Jafer (CEO, Pit).

Strategic tierCoreTypeTechnology or Integration
Description

Subprocessor providing hosting and Kubernetes-based compute for serving pit.com (does not store contact form submissions or other Site personal data). Located in Finland / EU-wide with EU SCCs used for any US transfers.

Strategic tierCoreTypeTechnology or Integration
Description

Subprocessor providing managed PostgreSQL database (storage of contact form submissions and related Site data). Located in Germany (Frankfurt).

Strategic tierCoreTypeTechnology or Integration
Description

Subprocessor providing content delivery network, DDoS protection, and Cloudflare Turnstile bot-detection challenge for pit.com. Operates global edge network (EU and US) with EU SCCs used for any US transfers.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

UiPath is an enterprise RPA and process automation incumbent adding AI agents and document understanding. It overlaps with Pit on automating invoice/contract validation and operational workflows, though UiPath's center of gravity is RPA rather than AI-generated custom software.

TypeEmerging player
Description

Workato is an enterprise iPaaS and workflow automation platform increasingly embedding AI agents into integration recipes. It competes with Pit on cross-system operational automation but follows a self-serve SaaS model rather than custom-built delivery.

TypeDirect peer
Description

Cursor is an AI-native code editor that generates, refactors, and debugs production code using foundation models. It overlaps directly with Pit Studio's AI software generation capability, though Pit delivers finished enterprise systems with governance rather than developer tooling.

TypeEmerging player
Description

n8n is a workflow automation platform with native AI capabilities for building agent-driven enterprise processes. It overlaps with Pit Cloud's workflow automation layer but targets technical users building their own automations rather than consuming fully managed custom systems.

TypeBroad incumbent
Description

ServiceNow provides enterprise workflow automation, low-code app generation, and now AI agents for operational processes — directly competing with Pit for the same use cases (contract processing, approvals, cross-system reconciliation) but as a broad platform rather than custom-built systems.

TypeBroad incumbent
Description

Palantir Foundry builds custom enterprise data and operational systems for large organizations in heavily regulated industries. It overlaps with Pit on bespoke operational software for enterprises with strong governance requirements, though Palantir is a much larger established player.

TypeDirect peer
Description

Replit combines an AI agent with a cloud development environment to let users describe and deploy applications, comparable to Pit Studio + Pit Cloud's natural-language-to-deployed-software flow, though Replit focuses more on individual developers and SMBs than mid-to-large enterprises.

TypeEmerging player
Description

Sana is a Stockholm-based AI platform that builds custom enterprise knowledge and workflow applications. It shares Pit's Swedish AI hub origin and enterprise custom-software proposition, with comparable compliance positioning for European buyers.

TypeDirect peer
Description

Cognition markets Devin as an autonomous AI software engineer that builds and ships software from natural-language briefs. It is the closest direct competitor to Pit's "AI product team as a service" positioning in autonomous software generation.

TypeBroad incumbent
Description

GitHub Copilot is Microsoft's enterprise AI coding assistant embedded across the developer toolchain. It competes with Pit Studio on AI code generation but ships as a developer productivity tool rather than a managed software delivery service.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability10 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Pit

Enterprise Workflow Automation Softwarepit.com

Pit (Pitdotcom Sweden AB) is a Stockholm-based AI software company, founded in 2025, that sells an "AI product team as a service" generating custom, production-grade enterprise software for mid-to-large European companies across logistics, telecom, e-commerce, healthcare, and industrial sectors.

What Pit does

Pit (Pitdotcom Sweden AB) is a Stockholm-based, privately held AI software company founded in 2025 that positions itself as an "AI product team as a service" for mid-to-large European enterprises. Its platform learns how a customer's business operates and translates operational requirements — across operations, finance, and customer workflows — into custom, production-grade internal software, replacing the spreadsheets, inboxes, and rigid SaaS tools that enterprises use to manage fragmented processes. The platform is sold through direct enterprise sales under bespoke Master Services Agreements with a land-and-expand motion from pilot to enterprise-wide rollout, supplemented by a self-serve "Start demo" entry point and a system-integration channel partnership with Nexer Group. Pricing is quote-based per engagement with multi-year contract terms; revenue mechanics combine upfront build fees and ongoing managed platform operations on Pit Cloud.

The technical stack is structured as a two-component architecture: Pit Studio is the AI-driven software-generation front end that produces documented, maintainable, production-grade code with monitoring and rollback, while Pit Cloud is the governed enterprise infrastructure back end providing tenant isolation, ISO 27001-aligned security, SSO, role-based access control, full audit trails, and observability for every customer in a fully isolated EU environment. The platform is model-agnostic, with EU-hosted model options available to meet data residency requirements under GDPR, NIS2, and the EU AI Act. The system ingests natural-language problem descriptions and outputs integrated software and automated workflows across use cases including contract and invoice validation, campaign management, cross-system data reconciliation, approval workflows, spare-parts logistics, and billing automation.

Pit is led by CEO and co-founder Adam Jafer alongside co-founder Fredrik Hjelm — both co-founders of European scooter operator Voi — with additional founding engineers and designers drawn from Voi, Klarna, and iZettle. The company publicly launched on 7 May 2026 alongside a $16 million seed round led by Andreessen Horowitz (a16z) with Lakestar, the Stena and Lundin Swedish family offices, and angel investors from OpenAI, Anthropic, Google, Deel, and Revolut. Live enterprise deployments at launch included Voi (mobility), Tre (telecommunications), Stena Recycling (industrial), and Kry (healthcare), with additional multibillion-dollar customers referenced in the broader logistics, telecom, healthcare, and industrial sectors.

Pit firmographics

Firmographics
Name
Pit
Legal name
Pitdotcom Sweden AB
Website
https://pit.com
Company type
Private
Founded year
2025
Operating status
Operating
Headcount range
11–50 employees
Short description
Pit (Pitdotcom Sweden AB) is a Stockholm-based AI software company, founded in 2025, that sells an "AI product team as a service" generating custom, production-grade enterprise software for mid-to-large European companies across logistics, telecom, e-commerce, healthcare, and industrial sectors.
Ownership category
akta.pro rank

Pit industry classification

Industry
Product category
Enterprise Workflow Automation Software
NAICS
Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
SIC
Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI)
akta.pro secondary industries
IT Workflow Automation & Orchestration Platforms (HDAEALAF), Platform Engineering & Internal Developer Platforms (IDP) for Compute (HDABADAI), Developer Tools & DevOps Platform Services (CI/CD, Artifacts, IaC) (HDABAAAI)

Keywords

  • AI software generation
  • Enterprise workflow automation
  • Custom enterprise software
  • AI process automation
  • Governed cloud infrastructure

Where Pit is headquartered

Location

Headquarters

HQ city
Stockholm
HQ country
Sweden
HQ region
Europe

Offices1 record

Markets served

Pit business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

  1. Enterprise custom software engagements: Revenue from building and operating custom AI-generated internal software systems for enterprise customers. Described as 'AI product team as a service' — Pit deploys engineers and AI to design, build, and maintain bespoke operational systems, replacing spend that would otherwise go to SaaS licences, in-house engineering, or ERP modernization. Enterprise customers engage under Master Services Agreements (per the Terms of Service), supporting a land-and-expand motion where pilots expand into enterprise-wide rollouts.
  2. Ongoing managed platform operations: Recurring element tied to running and governing the deployed custom systems on Pit Cloud (tenant isolation, SSO, RBAC, audit trails, ISO 27001, observability). Pit maintains the software long-term, contrasting with one-time builds, generating managed-services revenue per deployment.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractQuote-based enterprise engagement

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Pit product offering

Product offering

Core offering

Pit builds and operates custom, production-grade AI-generated internal software systems for mid-to-large enterprises, replacing manual workflows, spreadsheets, and rigid SaaS tools. The platform combines Pit Studio (AI that learns a business's operations and generates bespoke software in days to weeks) with Pit Cloud (governed, ISO 27001-aligned EU infrastructure with tenant isolation, SSO, RBAC, and audit observability) under bespoke Master Services Agreements.

Product overview

Pit operates a single, unified AI-native enterprise operations platform that is structured as a platform-plus-modules architecture with two tightly integrated core components: Pit Studio, the AI-driven software-engineering front end that learns a customer's workflows and generates the custom, production-grade software that runs them, and Pit Cloud, the governed enterprise infrastructure back end that hosts those systems with ISO 27001-aligned security, tenant isolation, SSO, RBAC, and full audit observability. Together Pit Studio (the "AI product team as a service" that builds the system) and Pit Cloud (the runtime that runs it securely and at enterprise scale) form the offering that mid-to-large enterprises use to replace spreadsheets, inboxes, and rigid SaaS tools with AI-generated internal systems across logistics, telecom, e-commerce, healthcare, and industrial sectors.

Differentiator

Problem solved

Functional benefit

Brands

  • Pit Studio: Component of the Pit platform that learns how a business works and builds the system that runs it.
  • Pit Cloud

Products and services

  • Pit Studio AI-driven component of the Pit platform that learns how a customer's business operates and generates the custom, production-grade internal software and automated workflows that run it; positioned as the "AI product team as a service" that turns briefs into deployed systems in days to weeks, producing documented, maintainable, production-ready code rather than prototypes.
  • Pit Cloud Enterprise-grade infrastructure component of the Pit platform that hosts the systems Pit Studio builds, providing tenant isolation, ISO 27001-aligned security, SSO, role-based access control (RBAC), full audit trails, and observability; each customer runs in its own fully isolated environment within the EU, designed for GDPR, NIS2, and EU AI Act compliance.

Quantifiable outcome

  • 85% reduction in campaign execution time
  • +4 more outcomes

Companies that use Pit

Customer profile

Named customers4 records

Segments6 records

Ideal customer profiles4 records

Pit technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature6 records

Pit partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered flagship and core.

  • Nexer GroupflagshipImplementation/ SI/ Consulting Partner · 17 June 2026Strategic partnership announced 17 June 2026 combining Nexer's enterprise transformation, software engineering and managed services expertise (2,450 experts in 16 countries) with Pit's AI-native software development platform. Together they support organisations modernising application landscapes, accelerating software delivery, and embedding AI into core business processes. Quoted: Martin am Zoll (CEO, Nexer) and Adam Jafer (CEO, Pit).
  • Google Cloud Platform (Google LLC)coreTechnology or IntegrationSubprocessor providing hosting and Kubernetes-based compute for serving pit.com (does not store contact form submissions or other Site personal data). Located in Finland / EU-wide with EU SCCs used for any US transfers.
  • Neon, Inc.coreTechnology or IntegrationSubprocessor providing managed PostgreSQL database (storage of contact form submissions and related Site data). Located in Germany (Frankfurt).
  • Cloudflare, Inc.coreTechnology or IntegrationSubprocessor providing content delivery network, DDoS protection, and Cloudflare Turnstile bot-detection challenge for pit.com. Operates global edge network (EU and US) with EU SCCs used for any US transfers.

Scale indicators8 records

Recent moves5 records

Expansion highlights6 records

Pit competitors and assessment

Company assessment

Broad incumbents

  • UiPath: UiPath is an enterprise RPA and process automation incumbent adding AI agents and document understanding. It overlaps with Pit on automating invoice/contract validation and operational workflows, though UiPath's center of gravity is RPA rather than AI-generated custom software.
  • ServiceNow: ServiceNow provides enterprise workflow automation, low-code app generation, and now AI agents for operational processes — directly competing with Pit for the same use cases (contract processing, approvals, cross-system reconciliation) but as a broad platform rather than custom-built systems.
  • Palantir Foundry: Palantir Foundry builds custom enterprise data and operational systems for large organizations in heavily regulated industries. It overlaps with Pit on bespoke operational software for enterprises with strong governance requirements, though Palantir is a much larger established player.
  • GitHub Copilot: GitHub Copilot is Microsoft's enterprise AI coding assistant embedded across the developer toolchain. It competes with Pit Studio on AI code generation but ships as a developer productivity tool rather than a managed software delivery service.

Emerging players

  • Workato: Workato is an enterprise iPaaS and workflow automation platform increasingly embedding AI agents into integration recipes. It competes with Pit on cross-system operational automation but follows a self-serve SaaS model rather than custom-built delivery.
  • n8n: n8n is a workflow automation platform with native AI capabilities for building agent-driven enterprise processes. It overlaps with Pit Cloud's workflow automation layer but targets technical users building their own automations rather than consuming fully managed custom systems.
  • Sana (Sana Labs): Sana is a Stockholm-based AI platform that builds custom enterprise knowledge and workflow applications. It shares Pit's Swedish AI hub origin and enterprise custom-software proposition, with comparable compliance positioning for European buyers.

Direct peers

  • Cursor (Anysphere): Cursor is an AI-native code editor that generates, refactors, and debugs production code using foundation models. It overlaps directly with Pit Studio's AI software generation capability, though Pit delivers finished enterprise systems with governance rather than developer tooling.
  • Replit: Replit combines an AI agent with a cloud development environment to let users describe and deploy applications, comparable to Pit Studio + Pit Cloud's natural-language-to-deployed-software flow, though Replit focuses more on individual developers and SMBs than mid-to-large enterprises.
  • Cognition (Devin): Cognition markets Devin as an autonomous AI software engineer that builds and ships software from natural-language briefs. It is the closest direct competitor to Pit's "AI product team as a service" positioning in autonomous software generation.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Pit social profiles

Digital presence

Pit compliance and trust

Trust signal

Compliance3 records

Pit financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Pit leadership team

Management profile

Number of profiles

Profiles6 records

Pit funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Pit M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pit

What does Pit do?

Pit builds and operates custom, production-grade AI-generated internal software systems for mid-to-large enterprises, replacing manual workflows, spreadsheets, and rigid SaaS tools. The platform combines Pit Studio (AI that learns a business's operations and generates bespoke software in days to weeks) with Pit Cloud (governed, ISO 27001-aligned EU infrastructure with tenant isolation, SSO, RBAC, and audit observability) under bespoke Master Services Agreements.

Is Pit a public or private company?

Pit is a private company. It is classified as venture growth investor backed and is currently operating.

When was Pit founded?

Pit was founded in 2025. It employs 11 to 50 people.

Where is Pit based?

Pit is headquartered in Stockholm, Sweden, in the Europe region.

How does Pit make money?

Two revenue lines are on record. Enterprise custom software engagements are the primary driver. The others are ongoing managed platform operations.

Who are Pit's main competitors?

Broad incumbents on record are UiPath, ServiceNow, Palantir Foundry and GitHub Copilot. Emerging players are Workato, n8n and Sana (Sana Labs). Direct peers are Cursor (Anysphere), Replit and Cognition (Devin).

Does Pit have an API?

No public API is recorded for Pit.

What industry is Pit in?

Pit's product category is Enterprise Workflow Automation Software. Its primary akta.pro industry code is HDAEANAI, AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI), with a secondary code of HDAEALAF, IT Workflow Automation & Orchestration Platforms. Its NAICS code is 541511 and its SIC code is 7371.

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Live signals
VestbeeTop European funding rounds closed in May 2026European startups closed funding rounds in May 2026, including Cytospire Therapeutics' £61M Series A and eleQtron's €57M Series A. The rounds span immuno-oncology, quantum computing, AI, and biotech, with capital used for clinical trials, scaling, and expansion.SiftedA16z leads $16m seed round in Voi cofounder’s new AI startup PitStockholm-based AI startup Pit raised a $16 million seed round led by Andreessen Horowitz (a16z), with participation from Lakestar and executives from OpenAI, Anthropic, Google, Deel, and Revolut. Founded by the team behind Voi and Klarna, the startup is launching an "AI product team as a service" platform designed to help businesses build and deploy custom internal software, replacing traditional spreadsheets and rigid SaaS tools. At one of Europe's largest industrial companies, Pit's platform replaced legacy contract and invoice validation systems, saving more than 10,000 hours annually while achieving zero validation errors.Pulse 2.0Pit: $16 Million Raised To Build AI-Native Enterprise Operations Software PlatformPit announced its public launch alongside a $16 million funding round led by Andreessen Horowitz to support development of its AI-native enterprise operations software platform. The platform, consisting of Pit Studio and Pit Cloud components, is designed to replace fragmented operational tools with AI-generated custom software for enterprise workflows. Early customer results show an 85% reduction in campaign execution time and over 10,000 hours saved annually per deployment, with pilots running across logistics, telecom, e-commerce, healthcare, and industrial sectors.FintechPit raises $16m to build AI enterprise softwarePit, a Swedish AI startup developing custom enterprise software, has raised $16 million in seed funding led by Andreessen Horowitz to build AI-driven systems that replace manual business workflows. The funding will support global expansion and continued development of its platform, which includes Pit Studio for workflow analysis and bespoke software creation, and Pit Cloud for enterprise-grade infrastructure. The company, founded in 2025 and already serving clients across logistics, telecoms, healthcare, and e-commerce, is positioning itself to address the long-standing challenge of enterprises being constrained by generic SaaS tools.CXO DigitalpulseVoi Founders’ AI Startup Pit Emerges as Stockholm’s New Rising Tech StarAI startup Pit, founded by the co-founders of European scooter company Voi including CEO Fredrik Hjelm, has secured a $16 million seed funding round led by Andreessen Horowitz (a16z). The Stockholm-based company is focused on building AI systems to automate back-office and enterprise operations for regulated industries, and has recruited talent from fintech companies like iZettle and Klarna. The funding round highlights both Pit's strong positioning in the growing European AI startup landscape and Stockholm's emergence as a major European AI hub alongside companies like Lovable.CXO DigitalpulseAndreessen Horowitz Leads $16 Million Funding Round for Swedish AI Startup PitSwedish AI startup Pit has emerged from stealth mode after securing a US$16 million seed funding round led by venture capital firm Andreessen Horowitz, with the Stockholm-based company positioning itself as a next-generation enterprise AI platform focused on workflow automation. The investment, representing one of the larger seed-stage deals in Europe's AI ecosystem this year, is being viewed as a major endorsement of the company's leadership team and reflects growing Silicon Valley interest in European AI innovation. The startup, founded by former executives from Voi and Klarna, aims to build AI-native enterprise systems capable of replacing outdated internal software and spreadsheet-driven operations.TechStartupsAnthropic eyes $1 trillion valuation in new funding round as revenue surges, FT reportsAnthropic is exploring a funding round that could value it near $1 trillion, surpassing OpenAI. The company has raised over $8 billion and is fielding offers totaling around $50 billion. An IPO is expected within 12-18 months.Financial ITPit Launches With $16 Million Led by Andreessen HorowitzPit, an AI-native enterprise operations platform, announced its public launch with $16 million in seed funding led by Andreessen Horowitz, with participation from Lakestar and executives from various tech companies. The platform enables companies to build and deploy custom AI-powered software to replace fragmented spreadsheets, inboxes, and legacy SaaS tools, positioning itself as a new category in enterprise software. Early deployments with companies including Voi, Tre, Stena Recycling, and Kry have reported results such as 85% reduction in campaign execution time and over 10,000 hours saved annually per deployment.The SaaS NewsPit Raises $16 Million in FundingPit, a Stockholm-based AI-native enterprise operations platform, has raised $16 million in seed funding led by Andreessen Horowitz, with participation from Lakestar and individual investors including executives from OpenAI, Anthropic, Google, Deel, and Revolut. The company plans to use the funding to scale its software platform, expand deployments across industries, and accelerate development of custom AI-powered operational systems for enterprises. Pit is currently being used in logistics, telecom, ecommerce, and healthcare sectors, helping companies replace spreadsheets, inboxes, and rigid SaaS tools with custom-built operational systems.TechCrunchVoi founders’ new AI startup Pit has become the latest rising star out of StockholmSwedish startup Pit, founded by former co-founders of European scooter giant Voi including CEO Fredrik Hjelm and Adam Jafer, has raised a $16 million seed round led by venture capital firm a16z with participation from Lakestar. The Stockholm-based company positions itself as an "AI product team as a service," offering enterprise automation solutions through its Pit Studio and Pit Cloud products, and began piloting with customers in telecom, healthcare, and logistics sectors in mid-January. The transatlantic funding round reflects growing investor interest in Stockholm as an active European AI hub.