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Upstage

Upstage

Software Development

San Jose, California 11,942 followers

Building intelligence for the future of work

About us

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.

Website
https://upstage.ai
Industry
Software Development
Company size
51-200 employees
Headquarters
San Jose, California
Type
Privately Held
Founded
2020

Locations

Employees at Upstage

Updates

  • Most insurance systems aren’t built on complete data. They’re built on what makes it into the system. A few manually entered fields, some structured inputs, and a much larger volume of information that never gets captured at all. The rest stays in documents. PDFs, emails, spreadsheets, attachments. Stored, but not actually usable. And yet, everything downstream, across models, rules, and automation, is expected to operate as if the data is whole. That’s the disconnect. In a recent onsite conversation, Sam Gobrail, Galina Fendikevich, and Kasey Roh unpack where this shows up in real workflows, and what changes when that foundation is actually complete. When unstructured data is transformed into structured, reliable data at scale, without constant retraining for every document variation, teams stop working around gaps. They operate from a complete dataset they can trust. That’s when dashboards, analytics, and decisioning systems start delivering on what they’re supposed to.  #InsuranceAI #InsuranceOperations #Insurtech #Underwriting #WorkflowAutomation #DataInfrastructure #DataQuality

  • Upstage reposted this

    Really enjoyed the conversation with Alex Bond on The Leadership In Insurance Podcast! It was a rare opportunity for me to reflect publicly on how I’ve synthesized the lessons I learned from Tesla, Meta, and early-stage VC experience to help shape our strategy at Upstage: Why we focus on foundational AI technologies, why we chose the insurance industry as a key entry point, and what comes next. Insurance is one of the industries where AI can create the most meaningful transformation, and we’re still only at the beginning. Worth a listen for anyone thinking seriously about the future of AI in insurance! #InsurTech #AI #LeadershipInInsurance #EnterpriseAI

    View profile for Alex Bond

    Founder of FinPro and Host of The Leadership in Insurance Podcast: Hiring Senior Talent into VC/PE-backed Insurtech and Insurance, Insurtech Investor.

    🎙️ New Episode | The Leadership In Insurance Podcast I had a brilliant conversation with Kasey Roh, Head of US at Upstage AI, and if you work in underwriting, claims, or insurance technology, this one's a must-listen. Kasey's background is unlike most people I speak to in this industry. Having worked through periods of hyper-growth at Meta and Tesla, she saw first-hand what happens when organisations try to automate before they truly understand their own processes, and the costly lessons that follow. It's a mindset she's brought directly into how Upstage helps insurance carriers adopt AI the right way. We got into some really important territory: 🔹 Why mapping your workflows before automating is still the most overlooked step in AI adoption 🔹 How Upstage went from powering 60–70% of claims processing in Korea to taking on the US enterprise market 🔹 What OCR and LLM technology is actually doing for underwriting and claims — and why legacy systems are struggling to keep up 🔹 Whether it's existing carriers or new AI-native players who will ultimately reshape the industry Kasey's take on where insurance AI is heading is candid and grounded: the proof-of-concept phase is ending, and the organisations without proper governance and human oversight are going to find the scale-up very difficult. 🎧 Links in the comments 👇 I'd love to hear your thoughts.

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  • Upstage launched Upstage Studio in Japan today at SusHi Tech Tokyo 2026 on April 27-29 — a no-code platform for building agentic workflows that automate document-heavy work like invoices, contracts, and claims. If your team is still processing these documents manually, come see what an AI-powered workflow actually looks like in production. 🎤 Hiroyuki (Hugh) Matsushita pitches on the Atrium Stage, April 28 at 12:50 📍 Booth West Hall 1, C539 all week #STT2026 #UpstageAI #DocumentAI #DocumentIntelligence #AgenticAI

    View profile for Hiroyuki (Hugh) Matsushita

    Country Manager, Upstage (AI Unicorn, Selected CB Insights AI100) | Bridging global tech with #Japan business impact | Human-centric AI | MBA, IE Business School

    【Upstage - SusHi Tech登壇 & Studioを日本市場ローンチ発表】 Upstageは、本日から開催されるSusHi Tech Tokyo 2026 on April 27-29 登壇に先立ち、AIエージェント基盤「Upstage Studio」を発表しました。請求書・契約書・保険金請求書 — ドキュメント処理が人手作業で課題になっている業務を、ノーコードで Agenticなワークフローに置き換えるプラットフォームです。 AI導入がPoCで止まる原因は、モデル性能ではなく「現場のドキュメントをAIが使える形にできるか」ー Studioは、そこに正面から取り組むプロダクトです。イベント会場は本日夕方に高市総理も登壇されますが、私も明日28日のAtrium Stageで他のAIユニコーン企業の皆様と並び、Pitchの機会を頂いてます。 今回、会場ブースでは、Upstage初の試みとしてお米(コシヒカリ)をSWAGとして配っています!是非、会場でお会いできるのをお待ちしております!! 📍 Atrium Stage|4月28日(火) 12:50〜 📍 West Hall 1, C539 Launched today at SusHi Tech Tokyo 2026: Upstage Studio — a no-code, AI-powered platform designed to build, deploy, and manage #agentic workflows for invoices, contracts, claims, and other document-heavy processes. If your team is still manually processing invoices, contracts, or claims — come find us at SusHi Tech Tokyo this week! We're showcasing the Upstage Studio in Japan at SusHi Tech. Today, Prime Minister Takaichi takes the Stage at SusHi Tech Tokyo. Tomorrow (April 28), I'll have the honor of standing on the Atrium stage — alongside other AI unicorn leaders — to share Upstage's story and what we're building for Japan. Come get the most useful swag (Rice) you'll get at any tech conference this year! 📍 Atrium Stage · April 28 · 12:50 📍 Booth: West Hall 1, C539 Press Release: https://lnkd.in/gS2vurYv

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  • Fixing that foundation changes what’s actually possible. If most of your data remains trapped in documents, every downstream system inherits that limitation. When the inputs are strong, everything built on top of them becomes more reliable, scalable, and useful.

    Every insurance workflow I've seen starts in the same place — documents. Submissions arrive as PDFs, emails, spreadsheets, attachments stapled together in ways nobody planned for. Some of that data makes it into systems. Most of it doesn't. I've talked to teams where 90% or more of the information in a submission never gets structured — it just stays trapped in the file. And then everything downstream gets built on top of that incomplete foundation. Models, workflows, business logic, decisioning — all running on inputs that were never fully captured in the first place. That's the problem we decided to solve. We sit at the very front of the process — turning unstructured documents into structured, reliable data at scale. Because once that foundation is solid, everything that comes after it actually has a chance of working. We'd love to hear about your document chaos: https://lnkd.in/gxAiXNsJ

  • General-purpose AI is built for breadth. Underwriting demands depth. And that’s the difference between something that works once and something teams can rely on.

    General purpose AI can do a lot of things well. But domain specific tasks, like underwriting, isn’t a general purpose job. When teams rely on broad LLMs, they often end up forcing complex workflows into a small prompt window, hoping the model understands the context, the documents, and the decision criteria. Sometimes it works. But it also puts a lot of burden on the team to shape the input just right. Purpose built systems change that dynamic. When a model is designed around document heavy workflows and a specific domain, much of the context is already built in. That means less prompt engineering and more time focused on the decisions that actually matter. Great perspective from Amwins Benefits Vice President of Digital Strategy Steven Beauchem! https://lnkd.in/e5qCuVVb #InsuranceAI #Underwriting #InsurTechStrategy #InsuranceOperations

  • Most program leaders don’t have a demand problem right now. They have a capacity problem. More carrier appointments drive more submissions, but submission volume doesn’t scale cleanly with headcount. At some point, intake becomes the bottleneck. Not underwriting, not appetite, just getting through the documents fast enough to act. That’s where many programs start to stall… and where others start to pull ahead. The difference is how submission intake is handled. When documents are processed upfront, teams move faster through each submission and can take on more volume across carrier relationships without adding staff. Underwriters stay focused on evaluating risk, not digging through PDFs. That’s what real capacity expansion looks like. With Target Markets Program Administrators Association (TMPAA) Mid-Year coming up, program leaders are about to have a lot of carrier conversations. New programs. More capacity. Faster turnaround. What carriers are really trying to answer in those conversations is simple: Can you handle the volume? And, can you move fast enough to keep up with it? The programs that can answer that clearly tend to win. Want to pressure test your approach to handling more volume? Come talk to us at our table (booth 10): https://lnkd.in/ggrSGrs3

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  • Events like the Auto Insurance Report National Conference continue to reinforce where the industry is heading. The conversation is shifting from access to data to actually making it usable, from innovation to operational impact, and from future-state autonomy to real-world progress today. That shift is where meaningful differentiation will be built.

    Wrapping up a few quick but packed days at the Auto Insurance Report National Conference in Dana Point — a beach run at sunset, and some of the brightest minds in auto insurance all in one room. You really can't beat the combination. A few sessions that stuck with me: - Bill (LexisNexis Risk Solutions) on how introspection and a willingness to keep learning is what lets a business continue to innovate. Easy to say, hard to actually do — and a great reminder that humility is a competitive advantage. - Ryan and Michael (Connected Analytic Services and Toyota Insurance) on how connected vehicle data can create genuinely meaningful experience differences for insurance customers. The gap between "we have the data" and "we've done something useful with it" is where the real work lives, and Toyota is clearly doing that work. - Brad Nail (Waymo) on how autonomous vehicles are already improving road safety today. As a consumer, I walked out more excited than ever for the day full autonomy is just part of life. Big thanks to Pat and Brian for putting this together year after year — the content, the crowd, and the care that goes into it really show. And a shoutout to my partner in crime on the road, Brian! #AIRI2026 #AutoInsurance #InsurTech

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      +6
  • Upstage is now Korea's first generative AI unicorn. We've closed the first tranche of our Series C at $120M, bringing total funding to approximately $270M. This round reflects something beyond capital: market conviction in a company that has grown revenue 130%+ annually, built on real enterprise demand for Solar LLM and our Document Intelligence suite. The funding goes toward what matters. Advancing our proprietary foundation models to compete on a global stage, expanding into the U.S. and Japan, and continuing to attract the talent that makes it possible. We measure success in revenue. This round helps us get there faster.

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  • This is exactly why Motor Carrier Insurance Education Foundation (MCIEF) continues to be such a valuable forum for the industry. The focus wasn’t on trends or hype, but on the real operational challenges teams are navigating every day, from loss runs to legacy systems to profitability in commercial auto. That’s where the most meaningful conversations happen.

    Four days at the Motor Carrier Insurance Education Foundation (MCIEF) Forum in Orlando with my partner in crime Brian — and I'm leaving with a real appreciation for this community. MCEIF brings together a focused group of people who live and breathe commercial auto and trucking insurance. The conversations here weren't about AI hype or what's trending. They were about how painful loss runs still are, what it actually takes to get clean data out of aging systems, and the day-to-day grind of keeping commercial auto profitable. That kind of specificity is where the best conference conversations happen. Two things I won't forget: - The afternoon ice cream station. I don't know who made that call, but every conference in America needs to steal this idea. There's something about handing someone a bowl of ice cream that makes the next conversation twice as good. - And getting serenaded by John with a full band. I did not have that on my conference bingo card. The man can sing. Big thanks to the MCEIF team for putting together a genuinely warm, well-run event. Heading home to catch the kids before bedtime. On to the next one.

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  • Most conversations about auto insurance come back to profitability. But profitability isn’t just about pricing. It depends on how quickly and accurately you can evaluate risk and respond to claims. And a lot of that still comes down to data pulled from documents. The carriers improving performance aren’t just optimizing models. They’re improving the quality of the data behind them. That’s where high-accuracy, audit-ready document processing makes a difference: — Extracting and validating data across submissions and claims — Reducing manual work and inconsistencies — Creating a more defensible foundation for decisions Because better outcomes don’t come from more inputs. They come from inputs you can trust. Brian Lawing and Sam Gobrail from Upstage will be at the Auto Insurance Report National Conference next week talking with carrier leaders about how this is playing out across underwriting and claims. If you’re attending, stop by and say hello! #AutoInsuranceReport #AutoInsurance #PandCinsurance #Insurtech

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