When was Reducto founded?

Reducto was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Reducto located?

Reducto is headquartered in San Francisco, United States.

Who is the current CEO of Reducto?

Adit Abraham and Raunak Chowdhuri s of Reducto. Adit Abraham has also founded 1 company.

How many employees does Reducto have?

As of May 31, 2026, the latest employee count at Reducto is 63.

Is Reducto a funded company?

Reducto is a funded company, having raised a total of $108M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 04, 2024.

When was the latest funding round of Reducto?

Reducto's latest funding was a $***** Series B round on Oct 14, 2025, with participation from 5 investors.

Where does Reducto rank among its competitors?

Reducto ranks 6th amongst 216 active competitors, of which 49 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Reducto, which secured $75M in Oct, 2025.

Who are the top competitors of Reducto?

Reducto's top competitors include Primer, Hebbia and Vectara. Among them, Reducto secured the most recent funding round in October, 2025.

Reducto - 2026 Company Profile, Team, Funding & Competitors

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 24 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

Series B, Oct 14, 2025, $*****

Investors

First Round Capital & 12 more

Ranked

6^th among 216 active competitors

Employee Count

63 as on May 31, 2026

Investment & Acquisitions

Opennote

Similar Companies

Primer & 298 more

View Reducto's full profile

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	9521027	Series B	5575613	2074844	7701488	1292948
Apr 25, 2025	8756366	Series A	8927663	4731641	3101840	First Round Capital & 2 more
Oct 04, 2024	3717675	Seed	9450438	8135390	First Round Capital	Y Combinator & 9 more

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View details of Reducto's funding rounds and investors

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:

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 63 employees as of May 26. Here is Reducto's employee count trend over the years:

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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	Primer 2015, San Francisco (United States), Series D	AI based text summarization and contextualization software tool	$237M	Addition, Lux Capital & 19 others	71/100
2nd	Hebbia 2020, New York City (United States), Series B	Generative AI agents for knowledge work	$161M	Index Ventures, Andreessen Horowitz & 12 others	64/100
3rd	Vectara 2020, Palo Alto (United States), Series A	Provider of a platform for building governed, grounded, auditable AI agents	$73.5M	Race Capital, FPV Ventures & 21 others	63/100
4th	Unstructured 2022, Loomis (United States), Series B	Platform offering text analytics solutions	$65M	Bain Capital Ventures, Madrona & 15 others	62/100
5th	Docugami 2018, Kirkland (United States), Seed	Developer of AI that transforms unstructured documents into structured, actionable data	$11.7M	SignalFire, Next World Capital & 15 others	61/100
6th	Reducto 2023, San Francisco (United States), Series B	Provider of AI software for document parsing and data extraction	$108M	BoxGroup, Benchmark & 11 others	60/100
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	McRock Capital, Pure Storage & 12 others	58/100
8th	Nanonets 2017, San Francisco (United States), Series B	Provider of an AI-powered platform for document processing and workflow automation	$42M	Elevation Capital, Accel & 16 others	55/100
9th	ThirdAI 2021, Houston (United States), Seed	Platform offering large language models and AI technologies	$6M	Cervin, Firebolt Ventures & 1 others	54/100
10th	Rohirrim 2022, Reston (United States), Series A	Provider of unified acquisition platform connecting data, capabilities, and requirements	$15M	Insight Partners, IBM & 3 others	53/100