Home / Directory / AI SaaS tooling / Document intelligence / IDP / Reducto
Reducto
Document parsing and extraction API that turns complex PDFs, spreadsheets, and scans into structured data for AI applications, with citations back to the page.
AI product teams in finance, legal, insurance, and healthcare that need accurate tables and fields out of messy documents at high volume.
Teams that only need simple text from clean PDFs, or buyers who want a no-code document workflow suite with human review queues.
Verdict
Reducto is a document AI company founded by Adit Abraham and Raunak Chowdhuri, who met at MIT and went through Y Combinator in winter 2024. AI teams at companies such as Harvey and Scale AI send it PDFs, spreadsheets, slides, and scans, and its parsing models return layout-aware text, tables, and structured fields with bounding-box citations. It matters because language models still garble multi-column pages and dense tables, and clean document input decides whether finance, legal, and insurance AI products can be trusted.
Score Breakdown
How Reducto scores in the categories that matter to its buyers.
Pricing
Reducto's Standard plan is pay-as-you-go with $150 of free usage. Rates below are per 1,000 pages on Standard; Growth and Enterprise get volume discounts.
| Plan | Price | What stands out |
|---|---|---|
| r-1 Parse | $10 per 1,000 pages | Layout, tables, and figures with bounding boxes |
| Extract | $20 per 1,000 pages | Structured schema output with citations |
| Deep Extract | $40 per 1,000 pages | Harder multi-step extraction |
| Classify | $7.50 per 1,000 pages | Document type routing |
| Growth / Enterprise | Custom | Zero data retention, BAA, EU/AU residency, VPC or on-prem |
The Field at a Glance
How Reducto compares with other Document intelligence / IDP vendors we reviewed, by Overall Score and relative typical engagement cost.
Reducto scores 7.9 in Document intelligence / IDP, ahead of Hyperscience (7.8), Indico Data (7.7), and Affinda (6.6). Relative cost lands mid-band for this subcategory.
Use-case matrix
| Use case | Fit | Notes |
|---|---|---|
| Financial statements and SEC filings | Strong | Built for dense tables and charts. |
| Legal documents | Strong | Harvey uses it for document understanding. |
| Scanned and handwritten pages | Strong | OCR covers faxes and handwriting. |
| Spreadsheets and slides | Strong | 30+ file types through one API. |
| No-code review workflows | Mixed | Studio helps, but the core product is an API. |
| Lowest cost per page | Mixed | Extraction runs two to four times the parse rate. |
Who it’s for
Good fit
- Fintech and investment AI products
- Legal AI platforms
- Insurance claims automation
Poor fit
- Simple text-only PDF needs
- Teams without engineers
- Buyers who want a full IDP suite with human review staff
Review Excerpts
Below are excerpts from public reviews. Our team scoured public reviews, forums, and chat rooms to get a balanced view of customers' experience with this company. Paid reviews and pay-for-play sites such as Clutch were excluded.
“For our Public Sector work, having confidence in the details of every document is essential. As we move into agentic systems, Reducto has been a trustworthy partner we can build quickly and reliably with.”
“Reducto helped us parse documents we previously could not because of table complexity. It's probably the only AI product that has actually worked for us.”
Extraction costs more than parsing: Extract is $20 and Deep Extract $40 per 1,000 pages against $10 for Parse, and zero data retention and a BAA require the custom-priced Growth plan.
Methodology
This page is an independent evaluation of Reducto for buyers comparing options in document intelligence / idp. AI Industry Reviews accepts no sponsorships, advertising, or pay-for-placement fees. Reducto did not pay for this review.
What we scored
The headline number is an Overall Score on a 0-10 scale. Eight criteria sit under it in two groups.
- Buyer outcomes (for document intelligence / idp)
- Table and layout accuracy
- Extraction with citations
- Developer onboarding
- Price at high volume
- Company & commercial
- Innovation & product leadership
- Project management & communication
- Pricing
- Contract fairness
Pricing measures whether the price looks fair for the value delivered, including packaging and renewal friction that show up in real buying cycles.
Score Composition
| Input | Weight | What it covers |
|---|---|---|
| Reviews | 40% | A proprietary read of what practitioners say about likes, complaints, and day-to-day use, including public review sites, forums, and private chat rooms. Paid reviews and pay-for-play sites such as Clutch are out of scope. |
| Product | 35% | Hands-on look at screens and workflows. |
| Pricing | 15% | Whether the price looks fair for what you get. |
| Docs & training | 10% | Docs, tutorials, and training material. |
How we balanced the evidence
The Overall Score is the simple average of the eight criteria. Recommendation language follows that score and the fit pattern described above.
Scope
Reducto is graded here as document intelligence / idp. Criteria scores can move as more review volume and product checks are added.