What it sells
Generative AI
Business model breakdown
Buyer: who owns the budget?
UnverifiedHeads of operations/claims/underwriting and IT/AI leads at insurers, banks and healthcare providers.
Trigger: what makes them buy now?
Manual data extraction from invoices, claims, contracts and forms is slow and custom builds are costly; Information Extract needs no training or templates.
Workflow: what inputs become what output?
Upstage Studio agents gather claims/policy/underwriting documents, extract and check data (Document Parse, Information Extract) and hand teams a complete file; claim close 3.4 days faster, under 5 min per quote at Amwins.
Economics: what it saves and how it charges
Usage-based API (per-token for Solar LLMs, per-page for document products) plus Studio, cloud marketplace and on-prem deployments.
Distribution: how it reaches customers
Self-serve API and console, demo-led enterprise sales, and cloud marketplaces (AWS, Azure, Snowflake) plus on-prem.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-04-15 | Series C | $120M | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.