Pit raises $16M seed

◆ Amount

$16M

◆ Announced

7 May 2026

◆ Company

◆ Source

◆ The Round

Pit raised $16M in seed funding, announced on 7 May 2026, led by a16z. The round is tracked live by Fusion42 as part of the Raise fund database and the Scout startup database.

◆ About Pit

Enterprise AI startup that learns from clients' business processes to create custom software for automation. Pit is based in Sweden and currently at seed stage, operating in Enterprise Software.

◆ Investors

◆ Investing funds on Raise

• a16z

◆ Market context

a16z is profiled on Raise, Fusion42's database of venture funds — where each investor's thesis, cheque size and other tracked backings can be followed. This funding event is a citable node in Fusion42's market graph: it links Pit's Scout profile to the funds behind the round and to related Wire analysis, and is refreshed from public announcements as the round is confirmed or extended. It is the same live market data Arthur reasons over when benchmarking a founder's own raise against what is closing in the market right now.

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