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Reducto raises $24.5M in Series A funding led by Benchmark to enhance its LLM-ready input technology for enterprises.

Apr 26, 2025•5 months ago

Amount Raised

$24.5 Million

Round Type

series a

San FranciscoSoftwareMachine LearningArtificial Intelligence

Investors

Y CombinatorBox GroupFirst Round CapitalBenchmark

Description

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 Information

Company

Reducto

Location

San Francisco, California, United States

About

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.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech