Upstage develops advanced AI-driven software solutions to enhance work efficiency for enterprises, specializing in document processing engines and large language models (LLMs).
Upstage's core offerings include their flagship large language model, Solar, which is designed to provide powerful yet cost-effective AI capabilities tailored for enterprise needs. In addition, their Document AI solution focuses on automating document workflows using advanced AI-powered optical character recognition (OCR) technology, helping organizations streamline the processing and extraction of information from documents at scale.
Their technology is used by a broad range of clients, including financial institutions, insurance companies, and media organizations. Notable customers include Samsung Securities, Hyundai Marine Solution, Samsung Fire & Marine Insurance, Korean Tax Firm, AIA, Hanwha Life, The Chosunilbo, Shinhan Securities, Connectwave, Law&Company, and Korea Press Foundation. This customer base highlights Upstage's focus on supporting organizations that require reliable, automated document handling and enterprise-grade AI solutions.
How was Upstage started?
Upstage was founded by a team of experienced professionals in AI, technology, and business, including Stan Lee (Co-founder & CTO), John Kim (CEO and Co-founder of Sendbird), Byung-Gon Chun (CEO of FriendlyAI), Kisun Ahn (Director of Legal AI Research Center and Lawyer), and Hongjong Kim (Head of Data & AI Services Team at K-Bank). Their combined expertise in AI research, legal technology, and enterprise solutions has shaped Upstage's approach to developing practical, scalable AI tools for businesses. More about their founding story can be found on their About page.
Who uses Upstage?
Upstage primarily serves enterprises seeking to automate document processing, improve data extraction accuracy, and leverage advanced AI for business operations. Their customer list includes major corporations in finance, insurance, legal, and media sectors, demonstrating the platform's applicability across data-intensive industries.
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