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Reducto Raises $24.5M Series A Round to Help Enterprises Unlock Unstructured Data

GlobeNewswire LogoGlobeNewswire1d ago

Reducto Raises $24.5M Series A Round to Help Enterprises Unlock Unstructured Data - GlobeNewswire

Quick Summary:

"The team's incredibly fast execution on product development further underscores their commitment to delivering state-of-the-art software to customers.” Reducto turns complex documents into accurate LLM-ready inputs, allowing AI teams to reliably use the vast data that’s locked in PDFs and spreadsheets. Ingestion is a core bottleneck for AI teams today because traditional approaches fail to extract and chunk unstructured data accurately.

SAN FRANCISCO, April 25, 2025 (GLOBE NEWSWIRE) -- Reducto, the most accurate ingestion platform for unlocking unstructured data for AI pipelines, announced today that it has raised a $24.5M series A round of funding led by Benchmark, alongside existing investors First Round Capital, BoxGroup and Y Combinator.

Over the past year, Reducto has processed hundreds of millions of pages of unstructured data for companies like Airtable, Scale, and a Fortune 10 enterprise.

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Article Details

Author / Journalist: Reducto, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 12:31:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 622 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28207523

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 6 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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