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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
Ranked
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
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Reducto's founders and board of directors

Founder? Claim Profile
The 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:

Reducto's employee count trend

Reducto has 56 employees as of Mar 26. Here is Reducto's employee count trend over the years:
Employee count trend for Reducto
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Primer
Primer
2015, San Francisco (United States), Series D
AI based text summarization and contextualization software tool
$237M
71/100
2nd
Logo for Hebbia
Hebbia
2020, New York City (United States), Series B
Generative AI agents for knowledge work
$161M
64/100
3rd
Logo for Vectara
Vectara
2020, Palo Alto (United States), Series A
Provider of a platform for building governed, grounded, auditable AI agents
$73.5M
63/100
4th
Logo for Unstructured
Unstructured
2022, Loomis (United States), Series B
Platform offering text analytics solutions
$65M
62/100
5th
Logo for Docugami
Docugami
2018, Kirkland (United States), Seed
Developer of AI that transforms unstructured documents into structured, actionable data
$11.7M
59/100
6th
Logo for Eigen Technologies
Eigen Technologies
2014, London (United Kingdom), Acquired
AI based solutions to extract data from documents
$60M
59/100
7th
Logo for LANDING AI
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
Logo for ThirdAI
ThirdAI
2021, Houston (United States), Seed
Platform offering large language models and AI technologies
$6M
57/100
9th
Logo for Reducto
Reducto
2023, San Francisco (United States), Series B
Provider of AI software for document parsing and data extraction
$108M
56/100
10th
Logo for Nanonets
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.
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FAQs about Reducto

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