# Pit

**Source:** https://www.startuphub.ai/startups/pit
**Profile type:** Startup

> An AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools used in enterprise operations.

## About

Pit is an AI-native platform designed to replace the fragmented mix of spreadsheets, inboxes, and rigid SaaS tools that underpin many business processes in enterprises. It acts as an 'AI product team as a service,' enabling enterprises to build and run custom software tailored to their internal operations. The platform translates business needs into fully deployed, production-grade software. Its offering includes Pit Studio, which learns organizational workflows and builds tailored systems, and Pit Cloud, which provides governed infrastructure with enterprise-grade security and compliance.

## Key facts

- **Slug:** pit
- **Website:** https://pit.ai/
- **Location:** Stockholm, Sweden
- **Founded:** 2022-01-01
- **Operating status:** Inactive
- **Total funding:** $10M
- **Sectors / tags:** Artificial Intelligence, Enterprise Software, Operations Management, Workflow Automation, Agentic AI, AI Tool, Foundation Model, Generative AI, API Platform

## Frequently asked

### What does Pit do?

Pit is an AI-native platform designed to replace the fragmented mix of spreadsheets, inboxes, and rigid SaaS tools that underpin many business processes in enterprises. It acts as an 'AI product team as a service,' enabling enterprises to build and run custom software tailored to their internal operations. The platform translates business needs into fully deployed, production-grade software. Its offering includes Pit Studio, which learns organizational workflows and builds tailored systems, and…

### What is Pit's revenue?

StartupHub estimates Pit's annual revenue at $1.6M (range $1.1M to $6.6M, 27% confidence), based on comparable companies in the sector.

### What is Pit's valuation?

StartupHub estimates Pit's effective valuation at $38.4M (range $25.0M to $60.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Pit raised?

Pit has raised a total of $10M in funding. The most recent round on record is Seed.

### Where is Pit headquartered?

Pit is headquartered in Stockholm, Sweden.

### When was Pit founded?

Pit was founded in 2022.

### What industry does Pit operate in?

Pit operates in Artificial Intelligence, Enterprise Software, Operations Management, Workflow Automation, Agentic AI, AI Tool.

### What is Pit's current status?

Pit's current operating status is: Inactive.

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