Reducto
Category: AI Developer Tools
AI platform that accurately reads and parses complex documents, like PDFs, into structured JSON data via an API for developers. Reducto was founded in 2023. The company is led by Adit Abraham. Based in San Francisco, CA, USA. Team size: 56. Total funding raised: $108M. Latest round: Series B ($75M, Oct 2025). Key investors include Andreessen Horowitz, Benchmark, First Round Capital, BoxGroup, Y Combinator.
- Founded
- 2023
- Headquarters
- San Francisco, CA, USA
- Team size
- 56
- Total funding
- $108M
Value proposition
Automates the parsing of complex documents where traditional OCR/AI tools struggle, providing highly accurate, structured data through a simple API.
Products and solutions
API for parsing complex documents (e.g., PDFs) into structured JSON
Unique value
Focus on high accuracy parsing of structurally complex documents where other tools fail, coupled with a developer-first approach and clean API.
Target customer
Developers and enterprises requiring automated data extraction from complex documents, particularly in finance, legal, insurance, logistics, and real estate.
Industries served
Finance, Legal, Insurance, Logistics, Real Estate, Software Development
Technology advantage
Utilizes proprietary machine learning and computer vision models for deep document structure understanding beyond standard OCR/NLP, ensuring ease of integration.
How they differentiate
Offers superior accuracy on complex document layouts with a streamlined API, specifically addressing PDF parsing challenges for developers.
Main competitors
Scale AI (Document AI), Google Document AI, Instabase, AWS Textract
Key partnerships
Y Combinator (Alumni)
Notable customers
Harvey, Scale AI, Vanta, Mercor, Rogo, Anterior, Newfront, Medallion, Legora, Levelpath, JLL, Vise, Laurel, Toast, Zip, Supio, August, LEA, Gumloop, Benchmark, Stack AI, Elysian
Major milestones
Founded in 2023 Participated in Y Combinator W24 Batch Raised $8.4M Seed Round (2024) Raised $24.5M Series A Round led by Benchmark (Apr 2025) Raised $75M Series B led by a16z (Oct 2025) Processed over 1 billion pages (late 2025) Acquired Opennote (May 2026)
Growth metrics
Rapid growth reported post-YC leading to significant Series A funding. Specific metrics not publicly disclosed.
Market positioning
Developer-first AI tool specializing in high-accuracy parsing for complex documents.
Geographic focus
Primarily US/North America, with global potential via API.
Patents and IP
Not publicly available
About Adit Abraham
Adit Abraham is the co-founder and CEO of Reducto. He studied Computer Science at MIT and previously worked at Google in Ads/Search. He co-founded Reducto in 2023.
Official website: https://reducto.ai