Upstage
PrivateLast Round
Series C
Nov 9, 2026
Est. Valuation
$679.4M
Total Funding Raised
$269.1M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Upstage operates in AI, Data & Cloud Infrastructure and is based in Seongnam-si. Its latest recorded funding round was a Series C round in November 2026.
Upstage is an artificial intelligence company that provides enterprise-grade generative AI solutions, including its 'Solar' large language model and Document AI products.
Sector
AI, Data & Cloud Infrastructure
Verticals
NLP & Conversational AI, Document Management, ML Platforms, Workflow Automation, Computer Vision
Business Model
B2B
Customer Profile
Usage-Based SaaS, Services & Consulting, Government Contracts, Freemium
AI Layer
Foundation
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Upstage Comparables
Compare Upstage with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Instabase | 83% | |
| Reducto | 83% | |
| Nanonets | 81% |
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Upstage Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Nov 9, 2026 | ||||
| Series B Extension | Aug 20, 2025 | ||||
| Series B | Apr 16, 2024 | ||||
| Series A | Sep 21, 2021 | ||||
| Seed | Feb 1, 2021 |
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Key People
Founding team and executive leadership
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Upstage Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Hana Ventures | Series B |
| InterVest | Series C, Series B Extension |
| Shinhan Venture Investment | Series C, Series B Extension, Series B |
| TBT Partners | Series A |
| Shinhan Financial Group | Series B |
| Premier Partners | Series C, Series A, Series B Extension, Series B |
| SBVA | Series B, Seed, Series A |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 26, 2026
Selected for the CB Insights 'Global AI 100 Startups' list.
- Apr 15, 2026
$126M round raised
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Upstage Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Upstage's valuation, stock price, and market status.
Is Upstage a public or private company?
Upstage is a private company.
What is the current stock price of Upstage?
Upstage is a private company, so its shares have no public market price. Caplight tracks Upstage's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Upstage worth (valuation)?
Upstage's valuation is estimated at $679.4M based on funding round data.
Can I buy Upstage stock?
Upstage shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Upstage's last funding round?
Upstage's most recent funding round was Series C on November 9, 2026.
Who are the main investors in Upstage?
Key investors in Upstage include SBVA, Company K Partners, Sequoia Capital, Korea Development Bank, Mirae Asset Venture Investment.
Will Upstage IPO soon?
No public IPO plans have been announced for Upstage.
How can I track Upstage secondary market activity?
Caplight tracks bids, offers, and trades in Upstage's shares on secondary markets.