Pit, an AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools that run enterprise operations today, announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders and executives from OpenAI, Anthropic, Google, Deel, and Revolut, as well as the Stena and Lundin families.
Pit launches publicly with $16M led by Andreessen Horowitz as an AI product team as a service.
Platform replaces spreadsheets, inboxes, and rigid SaaS tools with custom AI-native software for business operations.
Pit Studio learns how companies work and builds systems; Pit Cloud provides governed infrastructure with ISO 27001, SSO, RBAC, and audit observability.
Early results include 85% reduction in campaign execution time and 10,000+ hours saved annually per deployment.
One European industrial company saved over 10,000 hours annually with zero validation errors.
Pit was built by founders and CTO/AI leads behind Voi, Klarna, and iZettle.
“For 20 years, enterprises have rented software that forces them to operate around it. With AI, that ends. For the first time, every company can run on systems they actually designed themselves,” said Adam Jafer, CEO and co-founder of Pit.
Across industries, core business operations are still powered by spreadsheets, inboxes, and rigid SaaS tools that were never designed for how companies actually work. While enterprises have spent over $1 trillion on digital transformation in recent years, most workflows remain fragmented, manual, and difficult to adapt. Pit replaces this layer with AI-native software that is custom-built for each company's workflows. This enables teams to move faster, operate more efficiently, and scale without the constraints of legacy systems.
Pit's platform is designed to take a business need — from operations to finance to customer workflows — and translate it into fully deployed, governed software. The product consists of two core components:
Pit Studio – learns how you work, and builds the system that runs it for you
Pit Cloud - governed infrastructure with tenant isolation, ISO 27001, SSO, RBAC, and full audit observability
Unlike traditional low-code tools or AI copilots, Pit outputs real software running real operations, not prototypes or experiments.
Pit is already live across enterprise pilots in logistics, telecom, e-commerce, and healthcare — including deployments with Voi, Tre, Stena Recycling, and Kry — with systems going live in days or weeks.
Early results include:
85% reduction in campaign execution time
10,000+ hours saved annually per deployment
99% invoice acceptance rates through automation
At one of Europe's largest industrial companies, Pit replaced legacy contract and invoice validation with an AI-powered system that processes in real time — saving over 10,000 hours annually with zero validation errors.
“Every AI company is selling speed. Pit is selling speed that holds up for years, secure, governed, and built to last. It's a new category,” said Alex Rampell, General Partner at Andreessen Horowitz.
Pit was built by the Founders and CTO/AI leads behind Voi, Klarna and iZettle, who spent years replacing manual workflows with custom, AI-powered systems at scale – driving significant operational gains across both Klarna and Voi. That same approach is now productized in a platform designed for enterprise-grade security, governance, and reliability.
Pit is an AI product team as a service, on which enterprises build and run custom software that runs their business operations. Founded by the founders and CTO/AI leads of Voi, Klarna and iZettle. Pit is now live with large enterprise customers including multibillion-dollar healthcare, mobility, telecom, and industrial companies. Pit is backed by a16z and angels including founders and leaders from Deel, King, Sana, Anthropic, OpenAI, Google, Permira, DST, Lakestar, OTF, the Lundin family, the Stena family, Galdena, Goldman Sachs, Balderton, Index, Revolut, and Amazon.
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