Reducto was founded in 2023 by Adit Abraham and Raunak Chowdhuri, both former engineers at Google and Nvidia, with the goal of helping enterprises extract structured information from complex unstructured documents. The company combines traditional computer vision methods with new Vision-Language Models (VLMs) to create a parsing platform that achieves higher accuracy and reliability than existing solutions.
Since launching, Reducto has parsed over 250 million pages for thousands of companies, including customers like Scale AI and Vanta, as well as multiple Fortune 500 enterprises. The platform is used to power critical workflows across finance, healthcare, tech, and legal industries, solving bottlenecks in document processing that have historically slowed down broader AI adoption.
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Reducto Lands $24.5 Million After Parsing 250 Million Pages
- By Anshika Mathews
- Published on
We’re not far off from having intelligent systems.
