# Upstage funding: rounds and investors > Upstage has raised $77M across 3 rounds since 2025. Investors include SBVA, Korea Development Bank and Amazon Web Services. Every round with its source. Source: https://millionrounds.com/company/upstage (Millionrounds; every figure on the page links to its filing or article) South Korea · [Series C startup](https://millionrounds.com/companies) # Who invested in *Upstage* 3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Enterprise Software Raised this month Funding summary Updated 26 Oct 2026 **$77M** raised across 3 rounds since 2025, from 3 sources **$45M** Series B **$33M** Venture - **Latest round:** Series C Oct 2026 - **Biggest round:** $45M Series B · Aug 2025 - **Investors:** 7 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$45M** Series B **$33M** Venture **?** Series C - **First round:** Series B, $45M - **Biggest round:** $45M - **Usual gap between rounds:** 9 months ## The rounds - **Oct 2026** Series C **400억원** *1 new* [JB우리캐피탈](https://millionrounds.com/fund/jb) Reported by Google News search - **Feb 2026** Venture **$33M** *2 new* *1 returning* [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [SBVA](https://millionrounds.com/fund/sbva) [Amazon Web Services](https://millionrounds.com/fund/amazon-web-services) Source recorded - **Aug 2025** Series B **$45M** *4 new* [SBVA](https://millionrounds.com/fund/sbva) [Premier Partners](https://millionrounds.com/fund/premier-partners) [InterVest Co.](https://millionrounds.com/fund/intervest-co-ltd) [Primer Sazze Partners](https://millionrounds.com/fund/sazze-partners) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series B** 2025 **Venture** 2026 **Series C** 2026 [SBVA](https://millionrounds.com/fund/sbva) [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [Amazon Web Services](https://millionrounds.com/fund/amazon-web-services) [Premier Partners](https://millionrounds.com/fund/premier-partners) [InterVest Co.](https://millionrounds.com/fund/intervest-co-ltd) [Primer Sazze Partners](https://millionrounds.com/fund/sazze-partners) [JB우리캐피탈](https://millionrounds.com/fund/jb) ## Everyone who backed them [SBVA](https://millionrounds.com/fund/sbva) VC firm **2** rounds [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) Government **1** round [Amazon Web Services](https://millionrounds.com/fund/amazon-web-services) VC firm **1** round [Premier Partners](https://millionrounds.com/fund/premier-partners) VC firm **1** round [InterVest Co.](https://millionrounds.com/fund/intervest-co-ltd) VC firm **1** round [Primer Sazze Partners](https://millionrounds.com/fund/sazze-partners) VC firm **1** round [JB우리캐피탈](https://millionrounds.com/fund/jb) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=upstage). ## Quick answers about Upstage ### Who invested in Upstage? Upstage's investors include SBVA, Korea Development Bank, Amazon Web Services, Premier Partners and InterVest Co., and 2 more on record. ### How much has Upstage raised? Upstage has raised $77M across 3 rounds since 2025. One round did not disclose an amount, so the total is a floor. ### When did Upstage last raise? Upstage's most recent round was a Series C in Oct 2026. ### What was Upstage's biggest round? Upstage's largest round on record is $45M (Series B), in Aug 2025. ### Who backed Upstage first? Upstage's first round on record, in Aug 2025, was backed by SBVA, Premier Partners and InterVest Co. and 1 others. ### What stage is Upstage at? Upstage's latest named round is a Series C, in Oct 2026. ### Where is Upstage based? Upstage is based in South Korea. ## Companies like Upstage In the same sector, and raised in the last eighteen months. [**Seers** $82M · Oct 2026](https://millionrounds.com/company/seers)[**CCK Solution** Oct 2026](https://millionrounds.com/company/cck-solution)[**XCENA** $179M · May 2026](https://millionrounds.com/company/xcena)[**WIRobotics** $78M · May 2026](https://millionrounds.com/company/wirobotics)[**Xpanner** $29M · May 2026](https://millionrounds.com/company/xpanner)[**Rebellions** $650M · Mar 2026](https://millionrounds.com/company/rebellions) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app