About Upstage
Upstage is a company based in South Korea founded in 2020 by Eunjeong Lucy Park and Seong-Hoon Kim.. Upstage has raised $285.41 million across 6 funding rounds from investors including Amazon, AMD and KT. Upstage offers products and services including Solar Pro, Solar Mini, Syn, Document Parse, and Information Extract. Upstage operates in a competitive market with competitors including UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, among others.
- Headquarter South Korea
- Founders Eunjeong Lucy Park, Seong-Hoon Kim
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Upstage Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$285.41 M (USD)
in 6 rounds
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Latest Funding Round
$122 M (USD), Series C
Apr 15, 2026
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Investors
Amazon
& 22 more
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Employee Count
Employee Count
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Products & Services of Upstage
Upstage offers a comprehensive portfolio of products and services, including Solar Pro, Solar Mini, Syn, Document Parse, and Information Extract. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Balanced AI model for tasks in finance, healthcare, and legal sectors.
Lightweight model designed for fast and efficient AI use cases.
Small model trained specifically for Japanese language processing.
Converts complex documents into machine-readable formats for AI.
Extracts structured data from unstructured text accurately.
Command center for teams managing paperwork and workflows.
Funding Insights of Upstage
Upstage has successfully raised a total of $285.41M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $122 million completed in April 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $122.0M
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First Round
First Round
(03 Sep 2021)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2026 | Amount | Series C - Upstage | Valuation | SAZZE | |
| Aug, 2025 | Amount | Series B - Upstage | Valuation | Korean Development Bank | |
| Apr, 2024 | Amount | Series B - Upstage | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Upstage
Upstage has secured backing from 23 investors, including institutional and venture fund investors. Prominent investors backing the company include Amazon, AMD and KT. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of a venture capital firm for various sectors
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Founded Year | Domain | Location | |
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Financial support is provided to ventures by Hana Ventures.
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Founded Year | Domain | Location | |
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Early-stage venture capital arm of SoftBank Group
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Upstage
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Upstage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Upstage Comparisons
Competitors of Upstage
Upstage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based robotic process automation software is developed and provided.
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| domain | founded_year | HQ Location |
Document processing is automated through AI-based robotic platforms.
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| domain | founded_year | HQ Location |
An AI-based platform for robotic process automation is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for cognitive automation
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| domain | founded_year | HQ Location |
AI agent platform for enterprise task automation is provided.
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| domain | founded_year | HQ Location |
Provider of robotic process automation and chatbot solutions to automate work processes
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Upstage
Frequently Asked Questions about Upstage
When was Upstage founded?
Upstage was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Upstage located?
Upstage is headquartered in South Korea.
Who is the current CEO of Upstage?
Seong-Hoon Kim is the current CEO of Upstage. They have also founded this company.
Is Upstage a funded company?
Upstage is a funded company, having raised a total of $285.41M across 6 funding rounds to date. The company's 1st funding round was a Series B of $72.13M, raised on Sep 03, 2021.
What does Upstage do?
Upstage was founded in 2020 in South Korea as a provider of an AI platform focused on multiple task management. The platform is designed to address integration challenges for AI technology, allowing customers to concentrate on core business activities. Resources for AI development and maintenance are streamlined through this environment. Operations are centered in the AI sector, serving various customer needs in technology adoption.
Who are the top competitors of Upstage?
Upstage's top competitors include UiPath, HyperScience and Automation Anywhere.
What products or services does Upstage offer?
Upstage offers Solar Pro, Solar Mini, Syn, Document Parse, and 2 more products and services.
Who are Upstage's investors?
Upstage has 23 investors. Key investors include Amazon, AMD, KT, Industrial Bank of Korea, and Mirae Asset.