Tech Company Financing Transactions
Upstage Funding Round
Upstage closed a $72 million Series B funding round on 4/16/2024. Investors included Company K Partners, Hana Financial and Industrial Bank of Korea.
Transaction Overview
Company Name
Announced On
4/16/2024
Transaction Type
Venture Equity
Amount
$72,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development of purpose-trained LLMs for global enterprises.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
3003 N 1st St
San Jose, CA 95134
USA
San Jose, CA 95134
USA
Phone
Undisclosed
Website
Email Address
Overview
Upstage boosts work efficiency with industry-leading document processing engines and large-language models (LLMs). Our flagship large language model Solar defines the benchmark for cost-effective and powerful AI solutions for enterprises. Additionally, our Document AI boasts a proven track record in automating documents through advanced AI OCR technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sung Kim
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We do our best to report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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