Overview
- Pit, which disclosed its public launch and funding Thursday, raised $16 million in seed capital led by Andreessen Horowitz to bring its enterprise software to more customers.
- The round included Lakestar, the Stena and Lundin families, and angel backers from OpenAI, Anthropic, Google, Deel, and Revolut.
- Pit’s platform pairs Pit Studio, which maps a company’s workflow and generates the software, with Pit Cloud, which provides ISO 27001 compliance, tenant isolation, single sign-on, role-based access, and audit trails.
- Deployments are live across logistics, telecom, healthcare, e-commerce, and industrial clients such as Voi, Tre, Stena Recycling, and Kry, with results like 85% faster campaigns and 10,000 hours saved per deployment that the company says it achieved.
- Backers frame Pit as delivering durable, governed speed versus incumbents like ServiceNow and UiPath and newer coding tools such as Lovable, Cursor, and Bolt, a pitch that speaks to enterprises still running key work on spreadsheets and email.