/Companies

RagnaRock Geo

Techstars '19

Trondheim, NO · Founded 2018 · 7 employees on LinkedIn · 1 known investors

Find your way into RagnaRock Geo

RagnaRock Geo is a Norwegian technology company that builds AI software to interpret seismic and subsurface data, predicting 3D Earth models including reservoir and rock properties. It serves geophysicists and geoscientists, supporting carbon storage, exploration, development, and production workflows.

Also known as RagnaRock Geo AS

Founders & leadership

RagnaRock Geo was founded in 2018 by Åsmund Heir.

ÅHÅsmund Heir
Åsmund HeirCo-Founder

Investors · 1

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Company profile

researched Sep 2026

RagnaRock Geo is a Norwegian technology company based in Trondheim that develops artificial-intelligence software for the interpretation of seismic data. Its algorithm is designed to assist geophysicists by returning stratigraphy, horizons and faults from large seismic datasets within minutes, with the stated aim of improving understanding of the subsurface and shortening interpretation workflows.

The company positions its product as a decision-support tool that lets geophysicists work with data-driven methods rather than manual interpretation alone. It is categorised in industry directories under artificial intelligence, machine learning, and data and analytics, and is described as operating a B2B software-services model.

Business model

The company is described as a business-to-business software provider, with its offering characterised as SaaS by an industry database [2].

▸Full profile — market position, technology, go-to-market, geography, history

Market position

A small, privately held Norwegian startup in the AI and data-analytics segment applied to geoscience; one investor has been tracked by a Nordic startup database, and reported total funding falls in the €100K–€500K range [0][2].

Technology

An AI/machine-learning algorithm applied to seismic data interpretation, able to extract stratigraphy, horizons and faults from large datasets within minutes [0][1].

Go-to-market

Geophysicists and organisations working with large seismic datasets [0][2].

Geography

Headquartered in Trondheim, Norway, with Norway listed as its operating location [0][1][2].

History

Founded in 2018 and headquartered in Trondheim, Norway; Markus Halvorsen and Åsmund Heir are listed among its founders/management [0][1].

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 20267
Total funding rangeJan 2018Between €100K and €500K

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

▸Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does RagnaRock Geo do?
Norwegian company developing AI software that interprets seismic data for geophysicists.
Who founded RagnaRock Geo?
RagnaRock Geo was founded by Åsmund Heir in 2018.
Who are RagnaRock Geo's investors?
RagnaRock Geo's investors include Techstars.
Where is RagnaRock Geo headquartered?
RagnaRock Geo is headquartered in Trondheim, NO.