Upstage

Upstage

Private
South KoreaAI, Data & Cloud Infrastructurehttps://upstage.ai

Last Round

Series C

Apr 15, 2026

Est. Valuation

$679.4M

Total Funding Raised

$264.3M

Momentum Score

25 /100

Company Overview

Upstage is an artificial intelligence company that provides enterprise-grade generative AI solutions, including its 'Solar' large language model and Document AI products.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, ML Platforms, Workflow Automation, Document Management, RegTech

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting, Government Contracts, Freemium

AI Layer

Foundation

Keywords

large language modelDocument AISolar LLMfoundation modelenterprise AIfrontier AI labunstructured data processingAI-powered OCRfull-stack AIintelligent document processingsovereign AIdocument extractionAI foundryworkflow automationLLM APIon-premises AIfine-tuning toolsAI for insurance

Historical Pricing

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Caplight Momentum Score

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Upstage Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Upstage Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CApr 15, 2026
Series B BridgeAug 20, 2025
Series BApr 16, 2024
Series ASep 17, 2021

Key People

Founding team and executive leadership

Lucy Park

Chief Product Officer, US CEO

Executive Team

Sung Kim

Co-Founder, CEO

Founding Team

Hwalsuk Lee

Chief Technology Officer

Executive Team

Upstage Investors

Notable investors and investment history

InvestorRounds
Hana VenturesSeries B
InterVestSeries C, Series B Bridge
Shinhan Venture InvestmentSeries C, Series B Bridge, Series B
TBT PartnersSeries A
Shinhan Financial GroupSeries B
KT CorporationSeries B
Premier PartnersSeries C, Series A, Series B Bridge, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 15, 2026

    $126M round raised

  • Mar 30, 2026

    Collaborating with AWS, Intel, Snowflake, and Azure on joint campaigns.

Upstage Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Upstage Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Upstage's valuation, stock price, and market status.

Firmographic Details

HeadquartersSouth Korea
Employee Range212
Year Founded2020
Last FundingApr 15, 2026

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