About
Reducto is an AI document parsing platform combining OCR with Vision-Language Models. Founded 2023 by MIT alums Adit Abraham and Raunak Chowdhuri. Raised $108M total: $8.4M seed (Oct 2024), $24.5M Series A (April 2025 led by Benchmark), $75M Series B (Oct 2025 led by a16z). Processes ~1B pages monthly. Customers include Harvey, Rogo, Scale AI, Fortune 10 enterprises.
Key Facts
- [1]Funding: Total funding: $108M. Last round: Oct 2025. Stage: Early Stage.
- [2]Employees: Employee count: 11-50.
- [3]Website: Official website: reducto.ai.
- [4]AI Technology: Core AI/ML technologies: LLM / NLP.
- [5]Region: Region: Americas (United States).
Founder
Adarsh Pyarelal
Co-founder & CEO
AI Technology
LLM / NLP
Large language models for NLP, chat, document understanding, and text generation
Classification
Market Segments
Tech Stack Layers
Details
Related Companies
View all in Research & Data
Greenlite
AI agents that accelerate AML reviews
Tegus
AI-generated investment research summaries
AlphaSense
AI-powered market and search intelligence
Sentieo (Now AlphaSense)
AI financial data and research platform
Trumid
AI-powered fixed income trading platform
Pibit.ai
Agentic underwriting platform for carriers
Other Early Stage Companies
View all
Frequently Asked Questions
What is Reducto?
Reducto is an AI document parsing platform combining OCR with Vision-Language Models. Founded 2023 by MIT alums Adit Abraham and Raunak Chowdhuri. Raised $108M total: $8.4M seed (Oct 2024), $24.5M Series A (April 2025 led by Benchmark), $75M Series B (Oct 2025 led by a16z). Processes ~1B pages monthly. Customers include Harvey, Rogo, Scale AI, Fortune 10 enterprises. Reducto is classified in the Research & Data segment at the Automation layer of the financial AI stack.
Who founded Reducto?
Reducto was founded by Adarsh Pyarelal (Co-founder & CEO).
How much funding has Reducto raised?
Reducto has raised $108M in total funding, placing the company at the Early Stage stage. The most recent round closed in Oct 2025. Among 58 funded Research & Data companies, Reducto ranks #20 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Reducto use?
Reducto primarily leverages LLM / NLP technology. Large language models for NLP, chat, document understanding, and text generation. Within the Research & Data segment, 19 companies use this technology.
What market segment does Reducto operate in?
Reducto operates in the Research & Data and Lending & Credit and Insurance market segments. AI research and data companies provide the intelligence layer of the financial ecosystem — processing vast quantities of structured and unstructured data into actionable insights for investors, analysts, and financial institutions. The company also has a footprint in lending & credit and insurance, reflecting its cross-functional approach to financial AI.
Where is Reducto headquartered?
Reducto is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 11-50 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Reducto's competitors?
Companies similar to Reducto in the Research & Data space include Greenlite ($20M raised), Tegus ($112M raised), AlphaSense ($1.6B raised), Sentieo (Now AlphaSense) ($69M raised), Trumid ($722M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. Tegus focuses on ai-generated investment research summaries. AlphaSense focuses on ai-powered market and search intelligence. (Based on AIFI Map classification data.)
What products does Reducto offer?
Reducto builds automation-layer solutions for the financial services industry. The company's core offering: AI document parsing with agentic OCR for finance. The platform is powered by LLM / NLP technology.