Upstage

Upstage is a South Korean artificial intelligence company founded in October 2020. It specializes in developing enterprise-grade generative AI solutions, focusing on its Solar large language models (LLMs) and Document AI suite for intelligent document processing. The company aims to enhance organizational processes by creating advanced language models and document processing engines that prioritize efficiency and human-centered design.

Headquartered in Yongin, South Korea, Upstage has operational hubs in Seoul, San Francisco, Tokyo, and Hong Kong, employing over 100 professionals, including AI researchers and engineers. The company has raised significant funding, exceeding $118 million, and is recognized as a pre-unicorn with plans for an IPO in 2026. Upstage's products are tailored for document-heavy industries such as finance, insurance, and healthcare, providing solutions that automate data extraction and improve accuracy in processing various documents.