Svmuu reports that enterprise-level native AI platform Pit has announced the completion of a $16 million funding round, led by a16z, with participation from Lakestar and executives from leading AI companies such as OpenAI, Anthropic, Google, Deel, and Revolut. It is reported that Pit is positioned as an "AI product team as a service," aiming to replace traditional spreadsheets and rigid SaaS systems.