Native AI Platform Pit Secures $16 Million in Funding Led by a16z

On May 9, native AI platform Pit announced the completion of $16 million in funding, led by a16z, with participation from Lakestar and executives from top AI companies including OpenAI, Anthropic, Google, Deel, and Revolut. Pit is positioned as ‘AI product team as a service’ to replace traditional spreadsheets and rigid SaaS systems.

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