Reducto raises $75M Series B, to Define the Future of AI Document Intelligence

Reducto AI raised $75M in Series B from a16z to enhance AI Document Intelligence, focusing on unstructured data from PDFs and spreadsheets. Clients include Harvey, Mercor, and Rogo. Usage rose sixfold since Series A. New products editing API, Reducto Studio, and Agentic OCR aim for near-perfect accuracy and expanded adoption.