Startup profile · funding coverage
Reducto funding, valuation and investors
AI document-intelligence platform parsing PDFs and unstructured files for enterprise agents.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$75M · 2025
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$100M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series b · San Francisco, CA
Overview
Reducto builds AI document parsing and intelligence infrastructure that converts PDFs, scans, and unstructured files into structured data for enterprise AI agents. Founded by Adit Abraham and Rishabh Garg, the San Francisco company raised $24.5M Series A led by Benchmark in 2025 with a16z participating, followed by a $75M Series B led by Andreessen Horowitz months later — $108M total in under two years. Customers include Harvey, Rogo, and Fortune 10 companies processing documents at billion-page scale. Reducto sits in the document-AI stack below vertical applications, providing the parsing layer that legal, finance, and insurance AI products depend on. Benchmark and First Round re-upped in the Series B.
Why Reducto is interesting
$108M in under two years; powers Harvey, Rogo, and Fortune 10 doc pipelines at billion-page scale — the parsing layer AI agents actually need.
Product & use cases
Reducto provides API-first document parsing that converts PDFs, scans, tables, and unstructured files into structured JSON for AI agents and enterprise applications.
- Parsing legal contracts and filings for AI legal assistants
- Extracting data from financial documents for underwriting agents
- Processing insurance claims and medical records at scale
Key facts
- $108M raised in under two years (Series A + B in 2025)
- Series B (2025): $75M led by a16z; Benchmark and First Round re-upped
- Customers include Harvey, Rogo, and Fortune 10 companies
- Processes documents at billion-page scale
Funding history (newest first)
Series B
2025 $75MSource: https://www.prnewswire.com/news-releases/reducto-raises-75m-series-b/
Series A
2025 $24.5MSource: https://www.prnewswire.com/news-releases/reducto-raises-24-5m-series-a/
Investors in our directory
Funds linked from Reducto's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Purpose-built for AI agent pipelines with high accuracy on complex layouts (tables, multi-column PDFs). Powers downstream products like Harvey rather than competing with them.
Document parsing is the unglamorous infrastructure layer every vertical AI product needs. Reducto competes with open-source (Unstructured) and incumbent (Adobe) options by optimizing for AI agent accuracy and scale. Customer logos (Harvey, Rogo) validate enterprise traction. Rapid fundraising ($108M in ~2 years) reflects investor conviction in picks-and-shovels AI infrastructure.
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Unstructured.io direct
Open-source document parsing; similar infrastructure layer positioning.
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Adobe PDF Extract API incumbent
Adobe's document extraction; less optimized for AI agent workflows.
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LlamaParse adjacent
LlamaIndex's parsing tool; developer-focused but less enterprise-grade.
Notable stories
- Reducto went from Series A to Series B in months, raising $108M total as enterprise AI agents drove demand for reliable document parsing (PR Newswire, 2025).
- The company powers Harvey's legal document analysis — validating the infrastructure-layer thesis rather than building vertical apps.
Industries
Related funding articles
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FAQs about Reducto
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