About GRID

A rare depth of knowledge in how spreadsheets work under the hood

Spreadsheets sit at the centre of how businesses plan, model and decide. Making software and AI agents work with them reliably takes knowledge that only comes from years spent inside them.

Hjálmar Gíslason
Thorsteinn Yngvi Gudmundsson
Eva Dögg Steingrímsdóttir
Steinn Eldjárn Sigurðarson
Borgar Þorsteinsson
Birkir Pálmason
Gunnlaugur Þór Briem
Kristen Martel
Hörður Ragnarsson
Atli Páll Hafsteinsson
Matt Riggott

A small team with an average of 16 years' experience in data and software.Backed by leading investors including NEA and BlueYard.

Getting spreadsheets right

Making AI agents work with real-world spreadsheets is harder than it looks. A workbook in use for a few years leans on decades of Excel behaviour, from volatile functions to a date system that still treats 1900 as a leap year and number formats that change with the locale. Close isn't good enough, because a forecast that's off by a rounding error is a wrong forecast. An agent can read a workbook, but to change an input and trust what comes out, it needs an engine that calculates the way Excel does. We wrote about what building that engine taught us in 2022.

GRID started in Reykjavík in 2018. Our first product, launched in 2021, turned spreadsheets into interactive calculators, and most of the edge cases the engine handles came from years of running customers' real models. In 2025 we were named AI Solution of the Year at the Icelandic Web Awards. Today the engine supports 492 Excel functions, and our spreadsheet technology ships inside a leading LLM platform.

We've spent our careers building data and analytics products, and relying on spreadsheet models ourselves in airline planning, finance and operational research. We've written open source libraries for parsing Excel formulas and reproducing Excel's number formatting, built an Excel add-in, and checked our engine against Excel and Google Sheets one edge case at a time.

The team

Hjálmar Gíslason

Hjálmar Gíslason

Founder & CEO

Founder and CEO of GRID, his fifth software startup. Founded DataMarket in 2008 and led it until its acquisition by Qlik in 2014, then served as Qlik's VP of Product Management in Boston. A career data nerd and entrepreneur, driven by a fascination with data, technology and how they reshape the world.

Thorsteinn Yngvi Gudmundsson

Thorsteinn Yngvi Gudmundsson

Co-founder, VP Operations & Finance

Co-founder, running GRID's finance and operations. Spent his career building new ventures internationally, including as VP of Operations at DataMarket alongside Hjálmar, and has lived in the budgets, forecasts and financial plans that companies run on. MBA from Reykjavík University.

Eva Dögg Steingrímsdóttir

Eva Dögg Steingrímsdóttir

VP of Software Development

Leads the team that builds GRID's engine, viewer and editor. An experienced front-end developer and team leader who has worked for early startups and international airlines alike, with degrees in both computer science and psychology, and an advocate for inclusive workplaces and women in technology.

Steinn Eldjárn Sigurðarson

Steinn Eldjárn Sigurðarson

Co-founder, Engineering

Co-founder, and the systems engineer behind everything GRID runs on, from the first backend he built in 2018 to the platform the team and its AI agents run on today. Before GRID he was CTO at Takumi and one of three backend engineers behind the launch of QuizUp, then the fastest-growing iOS game in the world, and ran mobile network cores for a telecom.

Borgar Þorsteinsson

Borgar Þorsteinsson

Co-founder, Engineering

Co-founder and a veteran of the web, with two decades of data visualisation and JavaScript behind him and a long trail of open source: textile-js, Orðla (an Icelandic Wordle), a Sōkoban in jQuery, and the spreadsheet libraries he wrote for GRID, fx for Excel formulas and numfmt for reproducing Excel's number and date formatting exactly.

Birkir Pálmason

Birkir Pálmason

Engineering

Builds the interfaces where people read and edit spreadsheets in the browser, with a focus on quality and testing. Eight years of React and Next.js across Icelandair, Trialbee in Malmö and retail AI company HIVERY in Sydney, on top of degrees in computer science and psychology. The kind of developer who can be pointed at any problem.

Gunnlaugur Þór Briem

Gunnlaugur Þór Briem

Engineering

Leads GRID's spreadsheet engine, and makes sure it matches Excel and Google Sheets, edge cases included. Nearly three decades in software and data: programmer at Dimon Software and National Bank of Iceland, CTO of DataMarket for six years, then Senior Architect at Qlik for six more. MS in Electrical Engineering from Stanford, and a decade lecturing at the University of Iceland.

Kristen Martel

Kristen Martel

Growth & Sales

Leads growth and sales at GRID, after building out its analytics and running Calculator Studio, where he helped companies turn spreadsheets into interactive tools. Data has been the constant throughout his career, spanning 20 years across travel, SaaS, gaming, and media. He has built segmentations, scoring models, and KPI frameworks to turn data into business decisions. He holds an MSc in Operational Research from LSE.

Hörður Ragnarsson

Hörður Ragnarsson

Engineering, Design & Growth

Designs and builds how people and AI agents work with spreadsheets. Built the React layer around GRID's spreadsheet renderer that a leading LLM platform ships in production, and helped build GRID's AI tools for Excel. Ten years across engineering, product, design and growth, including analytics and A/B testing at GRID, UX research at TripAdvisor and research work at an institute affiliated with the University of Maryland.

Atli Páll Hafsteinsson

Atli Páll Hafsteinsson

Engineering

A backend engineer with sixteen years of production software behind him, whose work runs through much of what GRID ships: the Excel add-in, the tooling behind its SpreadsheetBench runs and the services around the engine. A decade at Hugsmiðjan before GRID, working in Python, Rust, Go and TypeScript.

Matt Riggott

Matt Riggott

Engineering

Took GRID's formula editing and chart libraries to the next level, drawing on two decades in data visualisation and mapping. Early engineer at DataMarket, then at Já built the map of Iceland, highly commended by the British Cartographic Society. Taught data visualisation at Reykjavík University for four years.

Board of Directors

KristinPetursd

Kristín Pétursdóttir

Chairman of the Board — Consultant

ForestBaskett_

Forest Baskett

Special Partner, NEA

CiaranOLeary

Ciarán O'Leary

General Partner, BlueYard

AnthonyDeighton_

Anthony Deighton

CEO, Tamr

Hjalmar_Headshot_2024

Hjalmar Gislason

Founder & CEO, GRID

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Hilarie Koplow-McAdams

Board Observer — Venture Partner, NEA

Our investors

We’re lucky to have some amazing partners with us on our journey, including:

BlueYard Capital Logo

BlueYard invests in founders with transforming ideas that decentralize markets and empower humanity.

logo-nea

New Enterprise Associates: Foundational partners to ambitious founders at every stage of company-building.

Slack fund logo

Slack Fund partners with early-stage founders who have big ideas about the ways people work together.

Spreadsheets run the world

We run spreadsheets

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