Pit Secures $16M to Replace Spreadsheets and SaaS with AI Built Enterprise Systems

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Stockholm based startup Pit has emerged from stealth with a public launch and $16 million in funding to transform how enterprises build and manage internal software systems. The company is introducing an AI native platform designed to replace the fragmented combination of spreadsheets, inboxes, and rigid SaaS tools that still power many business operations today.

Major Investors Back AI Native Enterprise Infrastructure

The funding round was led by Andreessen Horowitz, with participation from Lakestar, company founders, and a group of angel investors connected to leading technology companies including OpenAI, Anthropic, Google, Deel, and Revolut.

The round also included backing from the influential Stena and Lundin families, reflecting confidence in Pit’s ambition to redefine enterprise operations through AI.

Replacing Fragmented Business Tools

Despite years of digital transformation efforts, many enterprises still depend on disconnected spreadsheets, email chains, and inflexible software systems to manage critical operations.

Pit aims to address this challenge by providing companies with fully customised operational software generated around their own workflows rather than forcing businesses to adapt to generic applications.

The company describes its approach as an “AI product team as a service,” allowing organisations to build and operate production ready systems tailored to their needs.

Built by Experienced Nordic Tech Leaders

Pit was founded by former executives and operators from Voi, Klarna, and iZettle.

Drawing on experience from scaling fast growing technology businesses, the founders identified a common problem across enterprises: operational teams were still relying on outdated and fragmented infrastructure despite significant software spending.

The company was created to simplify and modernise these workflows through AI driven software generation.

Two Core Components

Pit’s platform consists of two main products designed to work together.

The first is Pit Studio, which learns how organisations operate and generates custom software systems aligned with their workflows and business logic. Rather than offering templates or simple automations, the platform creates operational software intended for real production environments.

The second component is Pit Cloud, which provides enterprise infrastructure with governance, security, and compliance controls required for large scale deployments.

Together, the two systems are designed to give enterprises a secure and flexible way to build internal operational software without relying on traditional development cycles.

Beyond Low Code and AI Assistants

Pit positions itself differently from conventional low code tools or AI copilots. Instead of helping users create prototypes or automate isolated tasks, the platform focuses on delivering fully operational systems ready for enterprise use.

This approach reflects a broader shift toward AI generated software capable of replacing traditional enterprise applications altogether.

According to co founder and CEO Adam Jafer, enterprises have historically been forced to adapt to software constraints, but AI now makes it possible for software to adapt to the way organisations actually work.

Early Enterprise Adoption

The platform is already being deployed across sectors including logistics, telecommunications, healthcare, and ecommerce.

Customers include Voi, Tre, Stena Recycling, and Kry.

These deployments demonstrate growing enterprise interest in AI driven operational infrastructure capable of replacing fragmented internal systems.

Scaling the Future of Enterprise Operations

With fresh funding, Pit plans to continue scaling its platform and expanding adoption among large enterprises looking for more flexible approaches to managing operations.

As businesses increasingly seek alternatives to rigid SaaS ecosystems, AI native infrastructure platforms are emerging as a new category within enterprise technology.

Pit is positioning itself at the centre of this transformation by building software systems designed around how companies actually operate rather than forcing workflows into predefined templates.

With strong investor backing and growing enterprise traction, the company is aiming to redefine the future of operational software in the AI era.

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