Pit
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Pit - overview
Established
2025
Location
Stockholm, -, Sweden
Primary Industry
Software
About
Based in Stockholm, Sweden, Pitdotcom Sweden AB is an innovative technology company that specializes in AI-driven optimization of business operations, streamlining workflows and enhancing productivity for enterprises. Pit was founded in 2025 in Stockholm, Sweden, and focuses on developing advanced AI solutions to improve business processes. The company has completed one deal, securing EUR 13. 6 million in Seed funding on May 7, 2026, led by Andreessen Horowitz with participation from Lakestar.
No significant changes in business strategy have been noted since its inception. Pit offers an advanced AI platform designed to optimize business operations by automating manual workflows and integrating with existing tools. The core product enables companies to build customized internal tools and automated workflows, such as contract processing systems and campaign management tools, tailored to their specific needs. The platform eliminates repetitive tasks, allowing employees to focus on value-adding activities.
Pit primarily serves mid-to-large enterprises across various sectors, including logistics, healthcare, and e-commerce, with clients such as Voi, Kry, and Tre. The solutions are utilized in markets throughout Europe, emphasizing compliance with local regulations and data residency requirements. Pit generates revenue through a subscription-based model, where clients engage with the platform for ongoing access to its services. Clients typically enter into agreements that cover the implementation of customized solutions and continuous support, often with tiered pricing based on the complexity and scale of the systems developed.
The firm's focus on B2B transactions means that it primarily collaborates directly with enterprise clients. Each transaction reflects the value of the tailored solutions provided, aligning with the unique operational challenges of each client. In May 2026, Pit raised EUR 13. 6 million in Seed funding, which will be utilized to develop software for internal business operations that intelligently learns workflows and creates systems tailored for enterprise processes.
The company plans to expand its market reach into additional European regions, focusing on enhancing its offerings and increasing its client base in the healthcare and logistics sectors. New products aimed at further automating business processes are currently in development, although specific release dates have not been disclosed.
Current Investors
Andreessen Horowitz, Lakestar
Primary Industry
Software
Sub Industries
Content Management Software, Analytics & Performance Software
Website
www.pit.com/
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Pit - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Seed | Completed | Pit | - |
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