Elastic vs Upstage

Elastic — Infrastructure · Public · $10.2B mkt cap · 4 of 4 figures sourced  |  Upstage — Foundation Models · Private · $958.8M valuation · 4 of 4 figures sourced

Relationship

Assembled from the recorded fields for this pair, not hand-checked. The comparison below is read from each company’s own profile.

Aligned comparison

FieldElasticUpstage
Size$10.2B mkt cap$958.8M valuation different basis
Employees4,019100 Upstage has 40× fewer
Founded20122020 8 yrs later
StatusPublicPrivate
CategoryInfrastructureFoundation Models
Stack layerAgent platform, Application, Model API, PlatformAPI service, Agent platform, Application, Model API
HeadquartersAmsterdam, NetherlandsSeoul, South Korea

Capability overlap

Shared · 3

Agent orchestrationModel inferenceWorkflow automation

Not verified for Upstage · 6

Data analysisEvaluation and observabilityModel hostingKnowledge retrievalThreat detection and responseVector search

Recorded for Elastic. Upstage’s product records say nothing either way — a missing record is not a missing capability.

Not verified for Elastic · 4

Code generationDocument extractionText generationSearch answers

Recorded for Upstage. Elastic’s product records say nothing either way — a missing record is not a missing capability.

Products, side by side

Algorithmic pairing — assembled from recorded fields, not hand-checked

Elastic

Application

Elastic AI SOC EngineApplication

An AI security-operations layer that correlates alerts from a customer's existing security tools, prioritizes threats and guides response workflows without replacing their SIEM.

Elastic AIOpsApplication

GenAI- and ML-driven capability inside Elastic Observability that automatically detects, diagnoses and helps resolve operational issues, providing recommended actions for SREs.

Elastic LLM ObservabilityApplication

Monitoring capability inside Elastic Observability for generative-AI and agentic applications: performance, cost control, guardrail tracking and reliability for GenAI workloads.

Elastic SecurityApplication

Agentic security-operations platform unifying SIEM, XDR and native automation, with autonomous agents handling detection-to-response workflows and purpose-built AI skills for threat hunting, alert analysis and detection engineering; supports multiple LLMs including on-premises models.

Agent platform

Elastic Agent BuilderAgent platform

A builder for custom AI agents that answer questions and take actions over data indexed in Elasticsearch, using configurable tools, skills and prompts.

Elastic WorkflowsAgent platform

An automation engine that runs both scripted steps and AI agents which reason through investigations and execute response actions against data in Elasticsearch.

Model API

Elastic Inference ServiceModel API

Hosted inference endpoint that runs Elastic-managed LLMs, the ELSER sparse-embedding model and third-party embedding models for ingest, search and chat without provisioning ML nodes in a customer's own Elasticsearch deployment.

Upstage

Application

Solar ChatApplication

Research-the-web chat assistant built on Upstage's Solar LLM family, answering questions with sources.

Upstage AI SpaceApplication

Document intelligence tool that extracts, drafts and reviews document-based work; referenced in a customer testimonial as helping brokers find answers across long documents.

Agent platform

Upstage StudioAgent platform

Workspace for building and running document-processing agents from Upstage's parsing and extraction steps.

Model API

Solar LLMsModel API

Upstage's family of agent-oriented language models -- Solar Pro 4 as a hosted API for terminal tasks, document workflows and multi-turn tool use, plus the open-weight Solar Open 2 (250B MoE, 15B active params) for self-hosting.

No counterpart

Elastic sells these in a stack layer with no product recorded for Upstage yet — nothing on the other side to compare them against.

Platform

Elastic AI AssistantPlatform

A conversational assistant embedded in Kibana that answers natural-language questions against a customer's own indexed data across Elastic's Observability, Security and Search solutions.

Upstage sells these in a stack layer with no product recorded for Elastic yet — nothing on the other side to compare them against.

API service

Document ParseAPI service

API that converts PDFs and scanned documents into structured, machine-readable layout and text.

Information ExtractAPI service

API that pulls named fields out of unstructured documents such as invoices, claims and contracts.