Upstage: Funding, Investors & Team (Oct 2026)
Upstage AI develops artificial intelligence technologies focused on large language models and document processing systems designed to support enterprise workflows. Its platform includes tools that convert unstructured data such as PDFs, scans, and emails into structured, machine-readable formats, enabling downstream analysis and automation. The company also provides models like its Solar LLM, which are optimized for tasks such as text generation, information extraction, and question answering within business environments. Its solutions are applied across industries including finance, healthcare, insurance, and manufacturing to handle tasks like document parsing, data extraction, and workflow automation. Additionally, its services can be deployed through APIs, cloud environments, or on-premise systems to integrate with existing enterprise infrastructure.
Upstage has raised $502M across 2 funding rounds on record, the most recent an undisclosed round of $380M announced in May 2026.
That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Upstage Company Profile and Key Stats
Latest funding round on record: May 2026.
Upstage Funding Rounds
Upstage raised $122M in a Series C announced in Apr 2026.
1 month later, an undisclosed round of $380M was announced in May 2026.
Upstage Founders and Leadership Team
No contact details are on record for this team yet.
Upstage Funding Compared to Other Artificial Intelligence Startups
Upstage's latest round of $380M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Upstage Funding FAQs
What does Upstage do?
Upstage AI develops artificial intelligence technologies focused on large language models and document processing systems designed to support enterprise workflows. Its platform includes tools that convert unstructured data such as PDFs, scans, and emails into structured, machine-readable formats, enabling downstream analysis and automation. The company also provides models like its Solar LLM, which are optimized for tasks such as text generation, information extraction, and question answering within business environments. Its solutions are applied across industries including finance, healthcare, insurance, and manufacturing to handle tasks like document parsing, data extraction, and workflow automation. Additionally, its services can be deployed through APIs, cloud environments, or on-premise systems to integrate with existing enterprise infrastructure.
How much funding has Upstage raised?
Upstage has raised $502M across 2 rounds on record. The most recent is an undisclosed round of $380M announced in May 2026.
When did Upstage last raise funding?
Upstage's most recent funding round on record is an undisclosed round of $380M, announced in May 2026.
Who founded Upstage?
FundedIQ lists Sung Kim (Founder) at Upstage.
Where is Upstage headquartered?
Upstage is based in Yongin, Ch'ungch'ong-namdo, South Korea.
How many employees does Upstage have?
Upstage is in the 101-250 employee band.
How does Upstage's funding compare to other Artificial Intelligence startups?
Upstage's latest round of $380M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,239 tracked companies over the last two years.
About FundedIQ's Upstage Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Upstage is left off this page rather than filled in.
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