Upstage develops AI tools that automate repetitive tasks and enhance productivity through advanced document processing and key information extraction. Their technology provides decision support across various industries by enabling efficient data retrieval and analysis, reducing manual workload and improving operational efficiency.
Funding
$101.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
IBKDFounders
Product
Problem
Many organizations struggle with the time-consuming and error-prone process of manually extracting and processing information from documents, hindering productivity and decision-making. Traditional methods often require predefined templates and lack the accuracy needed for efficient workflow automation.
Solution
Upstage provides AI-powered tools designed to automate document processing and enhance productivity by extracting key information. Their technology leverages advanced large language models (LLMs) to parse documents, perform optical character recognition (OCR), and extract relevant data without the need for predefined templates. This enables efficient data retrieval and analysis, reducing manual workloads and improving operational efficiency across various industries. Upstage's solutions offer context-aware translation and groundedness checks to ensure accuracy and coherence.
Target Audience
Upstage's primary customers are businesses across various industries looking to automate document processing, enhance productivity, and improve decision-making through AI-powered solutions.
Features
- **Document Parse:** Extracts tables, figures, and paragraphs from documents, serializing elements based on reading order and converting output to HTML.
- **Document OCR:** Extracts all text from documents using high-performance character recognition optimized for document processing.
- **Key Information Extraction:** Employs an AI-based engine to extract key information from target documents without predefined templates, enabling high-accuracy workflow automation and data export to CSV, JSON, or databases.
- **Solar Pro Preview:** A highly intelligent LLM designed to run on a single GPU.
- **Solar Mini:** A purpose-trained LLM.
- **Chat API:** Facilitates the creation of conversational agents with function-calling capabilities.
- **Translation API:** Provides context-aware English-Korean translation, leveraging previous dialogues for coherence.
- **Groundedness Check API:** Verifies the accuracy of LLM-generated answers based on user questions and search results.
- **Embeddings API:** Converts text into embedding vectors for tasks like retrieval and classification.