Upstage
How Upstage stacks up in Foundation Models — funding data, key investors, and more.
Awaira Score
Out of 100
HQ
South Korea
Founded
2020
Raised
$100M
Stage
Series B
Team
100-500
About Upstage
Upstage develops Korean and multilingual large language models and enterprise AI products, building the Solar LLM that has achieved top rankings on the HuggingFace Open LLM Leaderboard among models of its parameter class, and offering a Document AI platform for intelligent document processing across financial, insurance, and legal sectors. The Seoul company was founded by former Kakao AI and…
Key Facts
- Upstage has raised a total of $100M in disclosed funding across 1 funding rounds.
- Upstage was founded in 2020 by Kim Sung-hoon and is headquartered in South Korea.
- Upstage employs approximately 100-500 people.
- Upstage operates in the Foundation Models category and is currently at the Series B stage.
- Upstage has an Awaira Score of 65/100, ranking it among the tracked AI companies on Awaira.
- Upstage's most recent funding round was a Series B of $72M closed in August 2024, led by Altimeter Capital.
Source: Awaira · Updated Mar 24, 2026
Valuation
N/A
Post-money
Total Raised
$100M
All rounds
Awaira Score
65/100
Founded
2020
100-500 employees
Strengths & Risks
Strengths
Strong Awaira Score of 65/100
Large team of 100-500+ employees
Considerations
Valuation not publicly disclosed
Analysis based on publicly available data. Not investment advice.
Awaira estimate based on public data. Not financial advice.
How does Upstage stack up against competitors?
Competitor Comparison
Investors in Upstage
Funding Rounds
QuietLed by Altimeter Capital
$72M
Aug 2024
Upstage Latest News
SoftBank Ventures Asia Leads Investment in Korean AI Startup Upstage
Korean Investment Partners Leads $72M Round in AI Startup Upstage
Upstage Partners with Enterprise Clients for Custom AI Model Deployment
Upstage Launches Solar Mini, a Compact AI Model for Enterprise Deployment
Upstage Expands AI Model Training Infrastructure with New GPU Cluster
Open Positions at Upstage
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