Amount Raised
$72 Million
Round Type
Series B
San JoseInformation TechnologySoftwareinformation technology & servicesInvestors
Description
Upstage, a South Korean startup, has secured $72 million in Series B financing from investors including SK Networks Co. and KT Corp. The funding will be used to bankroll an expansion in the US, Japan, and Southeast Asia.
Quick answer
Upstage raised $72 Million in a Series B round, dated April 16, 2024. Investors: Sbva, Shinhan Venture Investment Co., Korea Development Bank, KT Corp. and SK Networks Co. Upstage is based in San Jose, California, United States.
- How much did Upstage raise?
- Upstage raised $72 Million in a Series B round on April 16, 2024.
- Who invested in Upstage?
- Sbva, Shinhan Venture Investment Co., Korea Development Bank, KT Corp. and SK Networks Co. are named as investors in this round.
- What does Upstage do?
- Upstage is an artificial intelligence startup based in South Korea, focusing on innovation in AI technology for various applications.
- Where is Upstage based and how big is it?
- Upstage is based in San Jose, California, United States. Fundz records about 190 employees.
- Who are the decision-makers at Upstage?
- Fundz holds 3 contacts at Upstage, including the EVP, Solutions & Delivery. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as Upstage that raised within 45 days of this round, from Fundz verified event records.
- Astronomer raised $3.5M (Seed) on May 31, 2024.
- Gravity raised $1M (Seed) on May 28, 2024.
- Health Catalyst raised $2.5M (Seed) on May 24, 2024.
- CoLab Software raised $21M (Series B) on May 16, 2024.
- Recall.ai raised $10M (Series A) on May 16, 2024.
- Intangible Technology raised $300K on May 1, 2024.
Who to call at Upstage, and when
A new round usually means Upstage is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Upstage raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Upstage, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Upstage. With Fundz connected, it knows.
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Fundz sees it the moment Upstage raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansUpstage raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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