This page may contain stale information. Last updated: 2026-06-12
Overview
Pit is a Stockholm-based AI startup that positions itself as an “AI product team as a service,” building custom enterprise software solutions powered by AI. The company emerged from stealth on May 7, 2026, with $16 million in seed funding led by Andreessen Horowitz.
Funding Details
- Seed Round: $16 million
- Lead Investor: Andreessen Horowitz (a16z), with General Partner Alex Rampell
- Other Investors: Lakestar, Stena and Lundin families, angel investors from OpenAI, Anthropic, Google, Deel, and Revolut
Founding Team
- Adam Jafer (CEO)
- Fredrik Hjelm (previously CEO of Voi)
- Filip Lindvall (co-founder of Voi)
All founders previously worked at European mobility giant Voi and fintech leader Klarna.
Product Offering
Pit Studio
Analyzes existing company processes and builds automated systems, integrating AI into specific workflows within days or weeks.
Pit Cloud
Provides governed infrastructure ensuring:
- ISO 27001 compliance
- Tenant isolation
- Full audit trails
Early Traction
Client Companies
- Voi (micro-mobility)
- Tre (Three) - telecom
- Stena Recycling
- Kry (healthcare)
Reported Results
- 85% reduction in campaign execution time
- 10,000+ hours saved annually for a large industrial client through automated invoice and contract validation