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Upstage
formerly Upstage AIBuilding intelligence for the future of work
Seoul, South Korea · Founded 2020 · $151.9M raised
- Headquarters
- Seoul
- Founded
- 2020
- Business Model
- B2B
- Website
- upstage.ai
- Total Funding
- $151.9M
- Last Round
- $122.1M Series CApr 2026
- Rounds
- 3
About
Upstage is a Seoul-founded (2020) enterprise AI company building large language models and document-processing engines — including its flagship 'Solar' LLM — that help organizations automate workflows and extract structured data from documents. Backed by investors such as SoftBank Ventures Asia, SK Networks and Korea Telecom, the 100+ person team operates hubs in Seoul, San Francisco and Tokyo and became South Korea's first AI software unicorn in 2026.
Summary
Upstage is an Artificial Intelligence company based in Seoul, South Korea, founded in 2020. It has raised $151.9M in total across 3 rounds, most recently a $122.1M Series C round in Apr 2026. Investors include Saje Partners, SBVA and Company K Partners.
Tech & App Stack
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Funding History
Apr 2026
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Seed through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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