tech
May 7, 2026
Voi founders' new AI startup Pit has become the latest rising star out of Stockholm
AI startup Pit is led by the cofounders of European scooter giant Voi and backed by a16z, which is leading the startup’s $16 million seed round.
TL;DR
- Pit, an AI startup led by Voi co-founders, has raised $16 million in seed funding led by a16z.
- The company aims to automate enterprise processes by creating custom software tailored to clients' business operations.
- Pit differentiates itself with Pit Studio for employee guidance and Pit Cloud for enterprise compliance.
- The startup is targeting internal, back-office automation rather than customer-facing AI.
- Pit emphasizes augmenting human capabilities and improving work quality over job reduction.
- The company's founding team includes former Voi and Klarna engineers, with a goal of building a diverse team as it scales.
- Stockholm continues to solidify its position as a key European tech startup hub, attracting significant investment.
- Pit's European DNA and agnostic approach to AI and cloud vendors are seen as competitive advantages, particularly for European industrial clients.