Upstage has raised $45M in Series B bridge funding, led by Korea Development Bank, Amazon, and AMD to support growth in sales and marketing and enhance international expansion.

Aug 20, 2025•4 months ago

Amount Raised

$45 Million

Round Type

series b

San Joseinformation technology & servicesSoftwareInformation Technology

Investors

AmdAmazonKorea Development Bank

Description

Upstage, a San Jose-based AI company, raised $45M in Series B bridge funding. The company will use the funds to drive growth across sales and marketing hires and continue its international expansion. The raise brought the total capital to $157M. Upstage specializes in enterprise-grade generative AI solutions.

Company Information

Company

Upstage

Location

3003 N 1st St

San Jose, California, United States

About

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.

Related People

3 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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