Reducto - About the company
Reducto is a series B company based in San Francisco (United States), founded in 2023 by Adit Abraham and Raunak Chowdhuri. It operates as a Provider of AI software for document parsing and data extraction. Reducto has raised $108M in funding from investors like First Round Capital, Andreessen Horowitz and Benchmark. The company has 216 active competitors, including 49 funded and 25 that have exited. Its top competitors include companies like Primer, Hebbia and Vectara.
Company Details
Provider of AI software for document parsing and data extraction. The software utilizes computer vision and vision-language models to deliver accurate, LLM-ready results. It offers tools for parsing, splitting, extracting, and editing documents. The system reads documents, captures layout, structure, and meaning, and corrects outputs in real-time. It separates multi-document files, extracts structured data, and fills in blanks without templates. The software supports various file types and multiple languages.
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Series B
Total Funding
$108M in 3 rounds
Latest Funding Round
Investors
Ranked
9th among 216 active competitors
Employee Count
56 as on Mar 31, 2026
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Reducto's funding and investors
Reducto has raised a total funding of $108M over 3 rounds. Its first funding round was on Oct 04, 2024. Its latest funding round was a Series B round on Oct 14, 2025 for $*****. 5 investors participated in its latest round. Reducto has 7 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Reducto:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 14, 2025 | 2015591 | Series B | 4064760 | 6235715 | 1426443 | 8358393 |
Apr 25, 2025 | 9934602 | Series A | 4037064 | 4297017 | 2293433 | |
Oct 04, 2024 | 3809343 | Seed | 2931742 | 9653664 |
View details of Reducto's funding rounds and investors
Reducto's founders and board of directors
Founder? Claim ProfileThe founders of Reducto are Adit Abraham and Raunak Chowdhuri. Adit Abraham and Raunak Chowdhuri are the CEOs of Reducto.
Here are the details of Reducto's key team members:
- Adit Abraham: Co-Founder & CEO of Reducto.
- Raunak Chowdhuri: Co-Founder & CEO of Reducto. Contact Info: 1 email address
View details of Reducto's Founder profiles and Board Members
Reducto's employee count trend
Reducto has 56 employees as of Mar 26. Here is Reducto's employee count trend over the years:
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Reducto's Competitors and alternates
Top competitors of Reducto include Primer, Hebbia and Vectara. Here is the list of Top 10 competitors of Reducto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Primer 2015, San Francisco (United States), Series D | AI based text summarization and contextualization software tool | $237M | 71/100 | |
2nd | Hebbia 2020, New York City (United States), Series B | Generative AI agents for knowledge work | $161M | 64/100 | |
3rd | Vectara 2020, Palo Alto (United States), Series A | Provider of a platform for building governed, grounded, auditable AI agents | $73.5M | 63/100 | |
4th | Unstructured 2022, Loomis (United States), Series B | Platform offering text analytics solutions | $65M | 62/100 | |
5th | Docugami 2018, Kirkland (United States), Seed | Developer of AI that transforms unstructured documents into structured, actionable data | $11.7M | 59/100 | |
6th | Eigen Technologies 2014, London (United Kingdom), Acquired | AI based solutions to extract data from documents | $60M | 59/100 | |
7th | LANDING AI 2017, Palo Alto (United States), Series B | API-first agentic document extraction platform built for accuracy, reliability, and governance at scale | $57M | 58/100 | |
8th | ThirdAI 2021, Houston (United States), Seed | Platform offering large language models and AI technologies | $6M | 57/100 | |
9th | Reducto 2023, San Francisco (United States), Series B | Provider of AI software for document parsing and data extraction | $108M | 56/100 | |
10th | Nanonets 2017, San Francisco (United States), Series B | Provider of an AI-powered platform for document processing and workflow automation | $42M | 55/100 |
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Reducto's Investments and acquisitions
Reducto has made no investments or acquisitions yet.
News related to Reducto
Media has covered Reducto for a total of 3 events in the last 1 year.
•
Redacto raises Rs 12 Cr in seed round led by PeerCapitalEntrackr•Oct 30, 2025•Reducto, PeerCapital, Antler, Redacto and 1 other
•
Reducto Raises $75M in Series B FundingFinSMEs•Oct 14, 2025•Reducto, Y Combinator, Andreessen Horowitz, Benchmark and 2 others
•
Reducto Secures $24.5M Series A FundingBenzinga•Apr 25, 2025•Reducto, Benchmark, First Round Capital, BoxGroup and 1 other
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