Horizon56

Oil & Gas Well Construction Softwarehorizon56.io

Company typePrivate
Founded2021
HeadquartersLyngby, Denmark
Headcount51–100
GTM typeB2B
OfferingSoftware

Horizon56 firmographics

Firmographics

Name: Horizon56
Legal name: Horizon56
Website: https://horizon56.io
Company type: Private
Founded year: 2021
Operating status: Operating
Headcount range: 51–100 employees
Ownership category
akta.pro rank

Horizon56 industry classification

Industry

Product category: Oil & Gas Well Construction Software
NAICS: Software Publishers (513210), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
SIC: Services-Prepackaged Software (7372), Oil & Gas Field Services, Nec (1389), Services-Computer Integrated Systems Design (7373)
akta.pro primary industry: Drilling & Workover Rigs (Land & Offshore) (EUALABAA)
akta.pro secondary industry: Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

Oil and gas software
Well construction digitalization
Drilling operations platform
Oilfield SaaS solutions
Well planning software

Where Horizon56 is headquartered

Location

Headquarters

HQ city: Lyngby
HQ country: Denmark
HQ region: Europe

Offices5 records

Markets served

Horizon56 business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

SaaS Subscription: Non-exclusive, payable, non-sublicensable, non-transferrable user right to Subscription Items during the Term. Subscription includes Software, Software API, and On-Rig Deployments as specified in Order Form.
On-Rig Deployment: Cloud-based access plus local IT-infrastructure deployment on specific rigs as specified in Subscription Order Form. Customer responsible for operations of On-Rig Deployments.

Pricing tiers

Model	Billing	Price
Subscription	Multi-year contract	Subscription-based SaaS pricing

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Horizon56 product offering

Product offering

Core offering

Horizon56 sells a subscription-based SaaS ecosystem that digitalizes oil and gas well construction workflows end-to-end, replacing paper-based processes with structured digital work instructions, real-time execution tracking, automated drilling reporting, and pre-drilled risk advisories. Its six modules (RigBridge, RigPlan, RigGuide for planning and RigFlow, RigPulse, WellNav for execution) are deployed as cloud software with optional on-rig infrastructure and are integrated with external drilling control and data systems.

Product overview

Horizon56 is an ecosystem for safe and efficient well operations that digitizes the oil and gas well construction process. The platform follows a two-layer architecture: Planning Modules (RigBridge, RigPlan, RigGuide) for creating and approving work instructions, and Execution/Reporting Modules (RigFlow, RigPulse, WellNav) for real-time operations and reporting. The system connects onshore planning teams with offshore rig operations, enabling digitalized workflows, real-time information sharing, and structured operational data exchange between operators, drilling contractors, and service companies.

Differentiator

Problem solved

Functional benefit

Brands

RigBridge: Planning solution for creating, approving, and publishing digital, standardized, and structured work instructions.
RigFlow
RigPlan
RigGuide
RigPulse
WellNav

Products and services

RigBridge RigBridge is the planning solution where users create, approve, and publish digital, standardized, and structured work instructions; once published, instructions flow into RigFlow for execution and real-time progress tracking and support instant plan revisions across all users.
RigPlan RigPlan is the Rig Activity Planner for creating and planning activities that support the primary well construction process, integrating weather, logistics, and permit systems and feeding as-run data back from execution to optimize future planning.
RigGuide RigGuide is a digital solution for creating and managing a library of Standard Operating Procedures, streamlining SOP creation, review, and approval for oil and gas companies to support operational efficiency, compliance, and collaboration.
RigFlow RigFlow is execution software that consumes plans from RigBridge and provides digital instructions, tracks progress, and distributes relevant information in real time to the entire rig team and other stakeholders while recording operational data and user interactions during execution.
RigPulse RigPulse is a next-generation reporting system that delivers automated insight into performed operations with IADC certified daily drilling reports, downtime tracking, and billing summaries, supporting both local and cloud-based operations and integrating with RigFlow for real-time operational visibility.
WellNav WellNav is a Pre-Drilled and Trip Risk Advisory System built for the driller that alerts to potential risks and events, lithology/formation changes, and supports string and well-based points of interest with advisories including surveys with high dog leg severity.

Quantifiable outcome

509 workhours saved across 4 rig operations in 30 days
+2 more outcomes

Companies that use Horizon56

Customer profile

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Horizon56 technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Horizon56 partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered founding/flagship.

Equinorfounding/flagshipStrategic or Co-development Partner · 1 January 2021Equinor co-founded Horizon56 in 2021 as part of the Maersk Drilling project initiated in 2018. Contributing industry expertise and operational requirements to the platform development.
AkerBPfounding/flagshipStrategic or Co-development Partner · 1 January 2021AkerBP co-founded Horizon56 in 2021 as part of the Maersk Drilling project initiated in 2018. Contributing industry expertise and operational requirements to the platform development.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Horizon56 competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

Horizon56 compliance and trust

Trust signal

Compliance6 records

Horizon56 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Horizon56 leadership team

Management profile

Number of profiles

Profiles6 records

Horizon56 funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Horizon56 M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Horizon56

What does Horizon56 do?

Is Horizon56 a public or private company?

Horizon56 is a private company. It is classified as venture growth investor backed and is currently operating.

When was Horizon56 founded?

Horizon56 was founded in 2021. It employs 51 to 100 people.

Where is Horizon56 based?

Horizon56 is headquartered in Lyngby, Denmark, in the Europe region.

How does Horizon56 make money?

Two revenue lines are on record. SaaS Subscription is the primary driver. The others are on-Rig Deployment.

Does Horizon56 have an API?

Yes. Horizon56 makes available Software API(s) as software-as-a-service through designated APIs, which the Customer can use to utilize the Software. The Subscription Items (which include Software, Software API, and On-Rig Deployments) are made available solely as software-as-a-service through these designated APIs. The API is provided as part of the Subscription Items and enables customers to access and utilize the Software. Developer documentation is at horizon56.io/ProductDescription.

What industry is Horizon56 in?

Horizon56's product category is Oil & Gas Well Construction Software. Its primary akta.pro industry code is EUALABAA, Drilling & Workover Rigs (Land & Offshore), with a secondary code of BPAEAGAO, Enterprise Application License Advisory, Vendor Management & Optimization. Its NAICS code is 513210 and its SIC code is 7372.