Europe Alternatives

2026-05-07

Pit raises $16M Seed

Stockholm-based Pit raised $16M in a Seed round led by Andreessen Horowitz.

Round at a Glance

Company Pit
HQ Stockholm, Sweden
Amount $16M (€13.6M)
Round Seed
Date 2026-05-07
Valuation Not disclosed
Total Disclosed Funding $16M

Company Snapshot

Pit is a Sweden-based enterprise software company. According to the company's public materials, the product helps enterprise operations teams with replacing the patchwork of spreadsheets, inboxes, and rigid SaaS tools by deploying custom AI-native software built and run as a managed service.

Investors in This Round

Investor Investor HQ Country Notes
Andreessen Horowitz United States Lead
Lakestar Switzerland Participant

Known Cap Table

Investor Round(s) Investor HQ Country
Andreessen Horowitz Seed United States
Lakestar Seed Switzerland

Total disclosed funding: $16M across one round.

Sources