Upstage Selected for CB Insights AI 100

Upstage was selected for CB Insights' 9th AI 100. In the list that selects 100 promising private AI companies worldwide, Upstage was named in the AI Infrastructure – Foundation Models category.

CEO Sung Kim said this selection demonstrates not only technical capability but also the global influence of Korea's AI industry. He emphasized that by expanding the AI work standards built in Korea to overseas markets such as the US, Japan, and Thailand, he aims to make the 'Korean AI standard' a global standard.

CB Insights CEO Manlio Carrelli explained that this AI 100 is composed of companies leading the next wave of AI in areas such as agents, security, and robotics. CB Insights made its selection based on deal activity, industry partnerships, team size, investor influence, headcount, Commercial Maturity and Mosaic scores, and Analyst Briefings submitted directly by startups.

Upstage introduced itself as building the work intelligence of the future based on its proprietary document processing technology and LLM. In particular, it is advancing enterprise AI infrastructure through proprietary domain data, modular architecture, and collaboration with industry leaders.

• The 2025 AI 100 includes 21 companies in AI agent platform and infrastructure, 12 in AI observability and governance, and 12 in physical AI technology and building blocks.
• The overall cohort is expanding into areas such as customer service, process automation, AI observability, AI agent building, healthcare, life sciences, industrials, and financial services.
• Cumulative equity funding stands at $11.4 billion, of which over $2.3 billion in 2025 was tallied (as of 2025-04-16).
• About 75% are early-stage companies at Series A or below.
• Companies outside the US number 27, spanning 13 countries, including competitive AI markets such as France and Korea.
• Since 2023, they have formed more than 315 business relationships, partnering with companies such as NVIDIA, Google, and Uber.