Reducto

Document parsing API for AI and RAG pipelines

Series B
San Francisco, CA
Founded 2023

About

Founded in 2023 (YC) by Adit Abraham and Raunak Chowdhuri out of MIT, Reducto builds a high-accuracy document processing API that converts PDFs, scanned files, spreadsheets, and 30+ other formats into structured data ready for RAG pipelines and process automation. The platform combines OCR with proprietary vision-language models and a multi-pass agentic system to capture layout, tables, and complex structure with high fidelity. Backed by Andreessen Horowitz, Benchmark, and First Round Capital with $108M raised, Reducto has processed over a billion pages. Customers include AI-native companies like Harvey and Scale AI, as well as global financial institutions and Fortune 10 enterprises.

Products

  • Deep Extract — Structured document extraction agent that converts documents into accurate, LLM-ready data.
    Customer sectors: finance, healthcare, legal
  • Parse API — Parses documents capturing layout, structure, and meaning with near-perfect accuracy using Agentic OCR.
    Customer sectors: finance, legal, enterprise AI teams
  • Split API — Automatically separates multi-document files or long forms into individual, useful units without manual prep.
    Customer sectors: enterprise AI teams, finance, healthcare
  • Extract API — Extracts structured data from documents with schema-level precision for invoices, forms, and disclosures.
    Customer sectors: finance, insurance, legal
  • Edit API — Fills detected blanks, tables, and checkboxes dynamically without templates, supporting scanned and digital docs.
    Customer sectors: finance, legal, healthcare

Market research & competitive positioning

Source-backed TAM / SAM / SOM sizing, displacement analysis, and an interactive peer positioning map for Reducto — available to members.

Related Companies

Other startups in Data Management Platforms