Reducto raises $24.5M in Series A funding led by Benchmark to enhance its LLM-ready input technology for enterprises.
Reducto raises $24.5M in Series A funding led by Benchmark to enhance its LLM-ready input technology for enterprises.
04/26/25, 4:07 PM
Location
san franciscoMoney raised
$24.5 million
Industry
software
machine learning
artificial intelligence
Round Type
series a
Investors
Y Combinator, Box Group, First Round Capital, Benchmark
Reducto has announced that it raised a $24.5M Series A round of funding to improve its platform for unlocking unstructured data for AI. The round was led by Benchmark, with participation from First Round Capital, BoxGroup, and Y Combinator. This funding will help Reducto advance its unique technology that allows AI teams to effectively utilize data hidden in documents. With proven accuracy improvements over competitors, Reducto aims to address key challenges faced by AI development teams.
Company Info
Location
san francisco, panamá province, panama
Additional Info
Reducto is the most accurate solution for turning complex documents into AI-ready inputs. The team from MIT built state of the art vision models that read documents like humans do, solving a critical bottleneck for AI teams working with unstructured data. Reducto enables reliable AI processing of sensitive documents like medical records and financial statements with the accuracy and reliability necessary in production environments.