Reducto, a San Francisco, CA-based ingestion platform that unlocks unstructured data for AI pipelines, has raised $24.5 million in Series A funding.
Investors
The round was led by Benchmark, with participation from existing investors First Round Capital, BoxGroup, and Y Combinator.
Benchmark Capital is a venture capital firm based in Woodside, California, established in 1995. The firm invests in early-stage technology companies, focusing on sectors such as consumer technology, enterprise software, and internet-enabled businesses.
Reducto Use of Funds
The company will use the funds to advance its ingestion technology, scale its product offerings, and expand its market reach.
About Reducto
Founded by Adit Abraham and Raunak Chowdhuri, Reducto provides an AI-powered platform specializing in processing unstructured data for AI pipelines. The company leverages cutting-edge Vision-Language Models (VLMs) to help enterprises extract structured data from complex documents like PDFs and spreadsheets and turn it into reliable inputs for large language models (LLMs). Reductio's platform supports comprehensive workflows, including document parsing, classification, and intelligent extraction. Headquartered in San Franciso, CA, Reducto serves companies like Scale AI and FAANG.
Funding Details
Company: Reducto, Inc.
Raised: $24.5M
Round: Series A
Funding Date: April 2025
Lead Investor: Benchmark
Additional Investors: First Round Capital, BoxGroup, Y Combinator
Company Website: https://reducto.ai/
Software Category: AI Document Ingestion
Source: https://www.globenewswire.com/news-release/2025/04/25/3068298/0/en/Reducto-Raises-24-5M-Series-A-Round-to-Help-Enterprises-Unlock-Unstructured-Data.html