Upstage Co.

SoftwareSeries CYongin, South Koreaupstage.ai

Latest round

Series C

Last raised

Jun 2026

Total raised

$664M

Investors

22

About Upstage Co.

, Ltd. specializes in AI technology., Ltd. Co-founders Eunjeong Park and Sung Kim have a history of innovation in technology, with Sung Kim serving as the current CEO. Upstage has not undergone notable business pivots or changes., Ltd. specializes in advanced artificial intelligence solutions designed to enhance operational efficiency across various industries, including finance, healthcare, and legal sectors. Their core offerings include high-performance language models optimized for local environments and lightweight document processing solutions, capable of converting complex documents, such as PDFs and scans, into machine-readable formats. These products focus on extracting structured key data from unstructured text, ultimately streamlining workflows for organizations overwhelmed with paperwork. Upstage AI's client base features a range of leading businesses that utilize their technology for tasks like claims automation and document management. The company's products are deployed primarily in Japan and other markets that prioritize accuracy and reliability in AI-driven solutions. The company generates revenue through a structured model that includes enterprise-grade subscriptions for its suite of AI products and services. Their flagship offerings, such as the Solar LLM and document parsing solutions, are provided under subscription frameworks tailored for specific industry needs. The financial transactions are structured as B2B partnerships, allowing clients to access advanced AI capabilities while ensuring compliance with their operational requirements. Subscription plans may vary based on the scale and customization of services, catering to different organizational sizes and needs, particularly in sectors where precision and speed are critical. The company’s revenue structure supports sustained growth by fostering long-term relationships with clients, enabling them to leverage AI innovations effectively., Ltd. looks forward to launching new products, including advanced AI models that will meet the increasing demands of their client base in finance and healthcare. Additionally, Upstage aims to expand into new markets, particularly targeting regions in North America and Europe.

Who invested in Upstage Co.

22 investors across 5 rounds

See all investors in Upstage Co.

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Funding rounds

  1. Series C

    Jun 3, 2026

    Amount

    $381M

    Investors

    Locked

  2. Series C

    Apr 15, 2026

    Amount

    $122M

    Investors

    Locked

  3. Series B

    Aug 19, 2025

    Amount

    $45M

    Investors

    Locked

  4. Series B

    Sep 2, 2024

    Amount

    $90M

    Investors

    Locked

  5. Series A

    Oct 1, 2021

    Amount

    $27M

    Investors

    Locked

Questions about Upstage Co.

Who invested in Upstage Co.?

Upstage Co. has 22 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Upstage Co. raised?

Upstage Co. has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Upstage Co. last raise money?

Upstage Co.'s most recent round on record is a Series C, in Jun 2026.

What does Upstage Co. do?

Upstage Co. is a software company.

Where is Upstage Co. headquartered?

Upstage Co. is headquartered in Yongin, South Korea.

Which VCs invest in companies like Upstage Co.?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Upstage Co.'s stage. Their profiles are linked below.

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