Pit
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Investors
Founders
About
Pit is a Stockholm-based AI-native software company that builds production-grade custom software for enterprise operations, positioning itself as an “AI product team as a service” 12. The company exited stealth on May 7, 2026 with a €13.6 million ($16 million) launch round led by Andreessen Horowitz 12. Pit’s founding team came out of Voi, Klarna, and iZettle, where they built AI-powered systems to replace manual operational workflows at scale 1. CEO and co-founder Adam Jafer was previously a co-founder of Swedish e-scooter company Voi 1. Early customers include Voi, Tre, Stena Recycling, and Kry, spanning logistics, telecom, e-commerce, and healthcare 1.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-07 | Seed | €13.6M | Andreessen Horowitz | Lakestar 12 |
The round also included strategic angel investors from OpenAI, Anthropic, Google, Deel, and Revolut, as well as members of the Stena and Lundin families 1. The amount has been reported as both €13.6 million (EU-Startups) and $16 million (TheNextWeb) 12.
What Investors Say
No independently sourced investor quotes found for this round.
What Founders Say
No independently sourced founder quotes found for this round.
Sources
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TheNextWeb, “Pit launches with $16M to build custom AI-native software,” May 7, 2026, accessed May 2026. https://thenextweb.com/news/pit-16m-launch-andreessen-horowitz-ai-enterprise-operations↩↩↩↩↩↩↩↩
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EU-Startups, “Stockholm’s Pit exits stealth with €13.6 million a16z-led funding to offer ‘AI product teams as a service,’” May 7, 2026, accessed May 2026. https://www.eu-startups.com/2026/05/stockholms-pit-exits-stealth-with-e13-6-million-a16z-led-funding-to-offer-ai-product-teams-as-a-service/↩↩↩↩