Amount raised in Series A funding
$24.5 million
Total capital raised by Reducto
$33 million
Key Facts
- Reducto specializes in document ingestion, helping industries like finance, healthcare, tech, and legal convert complex documents into accurate inputs for LLMs.
- Founders Abraham and Raunak Chowdhuri met at MIT and previously worked in AI and computer vision.
- Many Fortune 500 companies still rely on paper-based processes for financial operations.