Opennote was acquired by Reducto, expanding the product/team footprint rather than indicating distress.
SourcePublic company, workplace, funding, and market signals
Updated Aug 16, 2026
Reducto is an agentic document platform for AI teams. It turns messy unstructured documents into structured, AI-ready data for enterprise and production workflows, with emphasis on accuracy, scale, security, and flexible deployment.
Primary product
Agentic document intelligence / document parsing and extraction platform (API + Studio, including Deep Extract and Deep Split)
Founded
2023
Headquarters
San Francisco, California, United States
Team size
51-100
Industry
Software Development
Sub-industry
Document processing / AI document intelligence / unstructured data ingestion
Offices
Business model
Leadership
Co-Founder & CEO
Co-Founder / CTO
Head of Engineering
Ibrahim Cisse
VP of Finance & Operations
Ken Olofsen
VP of Marketing
Public signals suggest a fast-growing, highly technical, enterprise-focused startup culture with heavy emphasis on shipping, research, customer outcomes, and hiring across functions. Leadership posts stress growth, experimentation, and building for production reliability.
Compensation
No public compensation bands were found in the sources reviewed. Hiring activity is active, but pay details are not publicly disclosed in the reviewed materials.
Pricing
Not publicly disclosed; public signals suggest API/enterprise pricing with demo/free trial and likely usage-based or contract-based commercial terms.
Differentiators
Technology
Customers
Competitors
Estimated monthly visits
101.4K
Traffic estimate as of Jun 2026
Opennote was acquired by Reducto, expanding the product/team footprint rather than indicating distress.
SourcePR Newswire · Jul 2026
Reducto highlighted independent benchmark results showing Deep Extract ranked first overall with 99.6% recall, 99.6% precision, 99.3% leaf accuracy, and 0 failures.
Reducto · May 2026
Reducto announced the acquisition of Opennote to strengthen document intelligence, user workflows, and agent experiences.
PR Newswire · Oct 2025
Wire release restating the Series B led by Andreessen Horowitz and citing participation from existing investors.
Reducto · Oct 2025
Company announcement of a $75M Series B led by Andreessen Horowitz, bringing total funding to $108M.
Andreessen Horowitz · Oct 2025
Primary investor announcement from a16z describing Reducto as core infrastructure for enterprise AI documents.
43 jobs at Reducto