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Upstage

Upstage is a leading South Korean model company combining sovereign-AI ambitions, commercially usable open weights, and enterprise document products.

HQ

Seoul, South Korea

Founded

2020

Region

Asia-Pacific

Capital & commercial trajectory

Funding rounds and reported revenue

Each point matches a dated itemized record below. Funding points show the disclosed amount for that round, not a running total. Revenue remains a separate series and may represent ARR or run-rate rather than audited revenue.

Valuation, debt or credit, acquisition value, and market cap remain distinct records below and are not combined with funding or revenue.

research pending

A structured financial history has not been completed for Upstage.

The profile will not manufacture a chart from incomplete or unsourced figures. Funding rounds, valuation events, debt facilities, and reported revenue must be dated and linked to a public source first.

Current reported signal: Raised more than $100M in cumulative funding as of 2024.

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Current snapshot

Lifecycle position

Research

Early research & prototypes

Preview

Limited access & evaluation

Growth

Public access & scaling

Deployment

Production & at scale

Current position

Founded

2020

Watch cadence

Weekdays

Last verified

2026-07-23

Focus

Sovereign open-weight language models, document intelligence, and enterprise AI

Latest move

Released Solar Open 2 on July 22, 2026, a 250B-total/15B-active MoE model with a 1M-token context window and commercially usable open weights.

Category and subcategory context

Frontier LabsVertical + EnterpriseOpen sourcedocument-aiagentic-ai

Competitive context

Mistral AIAI21 LabsCohere

Recent models

Solar Open 2Solar Open 100B

Products

Solar model familyDocument ParseInformation ExtractUpstage API

Open weights

Yes

API access

Yes

Watch level

Weekdays

Signals

Open weightsSovereign AILong contextEnterprise AI

Infrastructure & distribution

Where Upstage sits in the AI stack

Model / product operator
01

Model layer

2 tracked model families

02

Access layer

Managed API + self-hostable weights

03

Market layer

Open Weight Labs

Public product surface

Solar model familyDocument ParseInformation ExtractUpstage API

Stack signals

Open sourceEnterprisedocument-aiagentic-aiOpen weightsSovereign AILong contextEnterprise AI

This section reflects publicly visible product and access signals. Undisclosed GPU, cloud, training, and data-center contracts are not inferred.

Recent coverage of Upstage

Recent business and product coverage pulled into the profile so you can see what is happening around the company without leaving the page.