Upstage named to CB Insights AI 100 2025

Recognized as one of the world’s most promising private AI companies
We’re thrilled to announce that Upstage has been named to the CB Insights AI 100, a prestigious list recognizing the 100 most innovative private AI companies in the world. Selected from a global pool of thousands, this year’s AI 100 cohort highlights startups that are delivering real-world impact across industries, driving the future of artificial intelligence from hype to execution.
“At Upstage, we take on the hardest challenges in enterprise AI—from parsing complex documents at scale to building compact, high-performance language models. Being named to the CB Insights AI 100 is a meaningful milestone for us—not only as a team of builders, but as a company proudly representing Korea and Asia on the global stage. It’s a clear signal that our technology is among the world’s best.”
— Sung Kim, CEO at Upstage

Upstage, Built for the Future of Work
Businesses today need measurable ROI—not just demos. At Upstage, we’re focused on building models that actually work in production, from document intelligence to generative intelligence. Here’s what we’re building:
- Document AI: Our document processing solutions power 60%+ of insurance claims processing in Korea and provide 70% cost reduction.
- Solar LLM: Our flagship models Solar Mini and Solar Pro deliver GPT-4-level performance on a single GPU, via our depth-up scaling technology.
- Information Extract: Our universal information extraction model that eliminates the need for retraining, using prompt-based adaptability.
- AI Space: Our document understanding tool for enterprise-grade question answering and summarization—freeing teams to focus on what matters.
Quick facts on the 2025 AI 100:
- The 100 winners include 21 startups in AI agent platforms and infrastructure, 12 in AI observability and governance, and 12 in physical AI technology and building blocks.
- The 2025 cohort is deploying AI across horizontal applications (customer service, process automation), infrastructure (AI observability, AI agent building), and verticals (healthcare and life sciences, industrials, financial services).
- Collectively, these companies have raised $11.4B in equity funding over time, including more than $2.3B in 2025 (as of 4/16/2025).
- Nearly 75% are early-stage companies (Series A or earlier).
- 27 companies are based outside the United States, spanning 13 countries. This includes companies in developing and competitive AI markets like France and South Korea.
- The cohort has formed 315+ business relationships since 2023, including with industry leaders like NVIDIA, Google, and Uber.
- Explore the full CB Insights AI 100 2025 report
About CB Insights
CB Insights is an AI super analyst for market intelligence. It delivers instant insights that help you bet on the right markets, track competitors, and source the right companies. Our AI super analyst is powerful because it is built on the validated database of companies and markets that CB Insights is famous for. To learn more, please visit www.cbinsights.com.
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