Versor

Versor AS, operating under versor.io, was established in Oslo, Norway, in 2016 by co-founders Erlend Sierra, Christer Mathiesen, and Eirik Worren Legernæs. The company focused on the development of proprietary autonomy software designed to enable sophisticated and independent drone operations in both indoor and outdoor environments. The core of its business was to create a software solution that could transform the real-time environmental understanding of a drone into complex behaviors, thereby automating industrial drone missions. This technology aimed to shift the paradigm from direct human control of a single drone to the supervision of multiple, independently functioning drones, facilitating their integration into daily industrial workflows.

The firm's business model centered on providing this advanced software to clients requiring automated drone capabilities. In 2018, Versor secured $120,000 in a seed funding round. The lead investor for this round was Techstars, with Farmhouse Capital also participating. This capital injection was intended to help accelerate the development and deployment of its drone autonomy platform. Despite its early-stage funding and participation in the Norwegian startup ecosystem, including being part of Startup Extreme 2018, the company has since ceased operations. PitchBook data indicates that Versor went out of business as of December 2020.

Keywords: drone autonomy software, autonomous drone flight, indoor drone operations, outdoor drone operations, industrial drone automation, robotics, unmanned aerial vehicles, UAV software, drone mission supervision, real-time drone behavior, Norwegian startup, Techstars alumni, autonomous systems, drone technology, industrial automation, robotics software, flight control systems, autonomous navigation, drone fleet management, situational awareness