Fredrik Olovsson is a Co-Founder at Pit.com, a Stockholm-based AI startup building custom production-grade software for enterprise operations, backed by Andreessen Horowitz.

Fredrik earned an M.Sc. in Industrial Engineering and Management from Lund University and was an exchange student at UC Berkeley focusing on Business Administration and Entrepreneurship.

Fredrik brings a rare blend of engineering depth and business acumen, having served as both Lead Engineer and Competence Lead at Klarna, where he led traffic estimation and peak-season preparation for large-scale systems.

Prior to Pit, Fredrik held a Senior Principal Engineer role at Klarna and earlier co-founded Teknologblocket while at university, demonstrating a long track record of entrepreneurship alongside technical leadership.

Pit has raised $16M in seed funding led by a16z and is already live across enterprise pilots in logistics, telecom, healthcare, and e-commerce, delivering results such as an 85% reduction in campaign execution time and over 10,000 hours saved annually per deployment.