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Upstage

https://www.upstage.ai Research Team Data
Active

Enterprise LLM and Document AI company building Solar LLMs, document parse/OCR/classification, information extraction, embeddings, and API/Studio tooling for business workflows.

Provides Solar LLM APIs, embeddings, document parsing/OCR/classification and information extraction, plus Studio tooling and customer implementations for document-intensive enterprise workflows.

Positioning

Enterprise LLM and Document AI platform

Key facts

HQ location
Seoul, South Korea; hubs in San Francisco and Tokyo
Founded
2020
Employee range
51-200 (100+)
Funding stage
Series B
Company type
Private (Private)
Pricing model
Usage Based (API/usage-based developer pricing and enterprise contracts)
Last updated
Jun 21, 2026

Revenue estimate

Unknown / not publicly disclosed

Valuation estimate

Unknown

Investments

$72M Series B announced Apr 2024; over $100M total raised

Target customers

Enterprises in finance, insurance, healthcare, tax, and document-intensive operations

Key competitors

Unstructured, ABBYY, Rossum, Google Document AI, Azure AI Document Intelligence, Together AI

Known customers

Amwins, Best Option, True Advance, Samsung, Hanwha

Classification (raw research text)

Core focus
Enterprise LLMs and Document AI
Core industry
Document AI / AI Infrastructure
Core category
LLM + document processing platform

Shown verbatim from the research spreadsheet — deriving structured segment/industry tags from this text is a future phase.

Attribute breakdown

  • AI Workflows Secondary feature
  • AI Automation / Business Process Automation Secondary feature
  • AI Fine-tuning / Custom Model Training Secondary feature
  • Agent Builder / Agent Configuration Secondary feature
  • System / API Integration Secondary feature
  • Prompt Management / Prompt Engineering Secondary feature
  • Retrieval-Augmented Generation Secondary feature
  • Enterprise Search / Knowledge Management Secondary feature
  • AI / LLM Data Pipeline Secondary feature
  • Document AI / Document Processing Primary focus
  • Model Deployment / Inference Infrastructure Primary focus
  • Traditional Machine Learning Secondary feature
  • AI Security / Guardrails Secondary feature
  • Data Privacy / PII / Confidential AI Secondary feature
  • AI Governance / Policy Management Secondary feature
  • AI Risk / Compliance Secondary feature
  • Text Chatbots / Conversational Assistants Secondary feature
  • AI for Customer Experience / Support Automation Secondary feature
  • Analytics / BI / Decision Intelligence Secondary feature
  • Enterprise App / Internal Tool Builder Secondary feature
  • Vertical-Specific AI Secondary feature
Show all 32 attributes
  • AI Workflows Secondary feature
  • AI Automation / Business Process Automation Secondary feature
  • AI Fine-tuning / Custom Model Training Secondary feature
  • Agent Builder / Agent Configuration Secondary feature
  • Multi-agent Orchestration / Runtime Not emphasized
  • System / API Integration Secondary feature
  • Prompt Management / Prompt Engineering Secondary feature
  • Retrieval-Augmented Generation Secondary feature
  • Graph RAG / Knowledge Graph Retrieval Not emphasized
  • Enterprise Search / Knowledge Management Secondary feature
  • AI / LLM Data Pipeline Secondary feature
  • Document AI / Document Processing Primary focus
  • Model Deployment / Inference Infrastructure Primary focus
  • Traditional Machine Learning Secondary feature
  • AI Quality Assurance / LLM Evaluation Not emphasized
  • AI Observability / Monitoring Not emphasized
  • AI Security / Guardrails Secondary feature
  • Data Privacy / PII / Confidential AI Secondary feature
  • AI Governance / Policy Management Secondary feature
  • AI Risk / Compliance Secondary feature
  • AI Asset Inventory / Model Registry Not emphasized
  • Human-in-the-Loop Review / Feedback Not emphasized
  • Call Transcription / Speech-to-Text Data Capture Not emphasized
  • Conversation Intelligence / Speech Analytics Not emphasized
  • Text Chatbots / Conversational Assistants Secondary feature
  • Voice AI Agents Not emphasized
  • Voice Infrastructure / STT / TTS Not emphasized
  • AI for Customer Experience / Support Automation Secondary feature
  • Sales / Revenue Intelligence Not emphasized
  • Analytics / BI / Decision Intelligence Secondary feature
  • Enterprise App / Internal Tool Builder Secondary feature
  • Vertical-Specific AI Secondary feature