{"id":241097,"date":"2026-05-07T02:00:00","date_gmt":"2026-05-07T06:00:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/07\/pit-raises-16-million-to-help-enterprises-deploy-ai-at-scale\/"},"modified":"2026-05-07T13:35:15","modified_gmt":"2026-05-07T17:35:15","slug":"pit-raises-16-million-to-help-enterprises-deploy-ai-at-scale","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/07\/pit-raises-16-million-to-help-enterprises-deploy-ai-at-scale\/","title":{"rendered":"Pit Raises $16 Million To Help Enterprises Deploy AI At Scale"},"content":{"rendered":"

Pit Raises $16 Million To Help Enterprises Deploy AI At Scale<\/a><\/p>\n

https:\/\/www.forbes.com\/sites\/davidprosser\/2026\/05\/07\/pit-raises-16-million-to-help-enterprises-deploy-ai-at-scale\/<\/a><\/p>\n

Publish Date: 2026-05-07 02:00:00<\/a><\/p>\n

Source Domain: www.forbes.com<\/a><\/p>\n

Pit’s founders believe enterprises can free up staff by automating business processes<\/span><\/p>\n

Hugo Thambert<\/p>\n

Competition in the artificial intelligence (AI) coding market continues to hot up. An industry worth around $4.9 billion in 2023 is expected to have grown five times\u2019 over by 2030 according to a recent report from Grand View Research. Businesses and other organizations worldwide are increasingly using AI to do the lion\u2019s share of their coding work, both for internal business processes and customer-facing products and services.<\/p>\n

Swedish start-up Pit, which is today announcing it has raised $16 million of funding, is the latest entrant to this market. Its founders believe a focus on scalable deployments can set it apart from peers that haven\u2019t necessarily thought about how to ensure code written with AI can be implemented effectively across the business.<\/p>\n

Adam Jafer, Pit\u2019s CEO and co-founder, says the business was born out of his experience at Voi, the micro-mobility company he previously co-founded and helped to run. Voi\u2019s leadership team was an early adopter of AI for coding, developing a series of tools to manage the company\u2019s workflows. But despite some impressive early results, \u201cevery deployment was bespoke, fragile and impossible to scale\u201d, Jafer recalls.<\/p>\n

He and his co-founders \u2013 with backgrounds at companies including Klarna and iZettle \u2013 therefore set out to develop something more practical. Pit is intended to be that something \u2013 a platform companies can use to bypass the labor-intensive processes that have automatically developed over time. Most companies function with a patchwork of manual workflows, spreadsheets and legacy SaaS tools, Jafer explains, forcing staff to waste time jumping between systems, moving information to the right place and constantly checking nothing has gone wrong.<\/p>\n

\u201cEvery enterprise knows these friction points exist but fixing them has always seemed harder than working around them,\u201d adds Jafer.<\/p>\n

Pit\u2019s value…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pit Raises $16 Million To Help Enterprises Deploy AI At Scale https:\/\/www.forbes.com\/sites\/davidprosser\/2026\/05\/07\/pit-raises-16-million-to-help-enterprises-deploy-ai-at-scale\/ Publish Date: 2026-05-07…<\/p>\n","protected":false},"author":1,"featured_media":241098,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/imageio.forbes.com\/specials-images\/imageserve\/69fa004efe8e9535d7507bda\/0x0.jpg?format=jpg&crop=4490,2104,x0,y411,safe&height=900&width=1600&fit=bounds","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-241097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/241097"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=241097"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/241097\/revisions"}],"predecessor-version":[{"id":241099,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/241097\/revisions\/241099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/241098"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=241097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=241097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=241097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}