Wasabi vs Reducto
Side-by-side comparison of AI visibility scores, market position, and capabilities
Cloud object storage at 80% less than AWS S3 with no egress fees; S3-compatible platform serving 50K+ customers in media, backup, and AI data storage workloads.
About
Wasabi Technologies is a cloud object storage company providing hot cloud storage at approximately 80% less cost than Amazon S3, competing on price, performance, and simplicity for customers who need to store and access large volumes of data in the cloud. Founded in 2015 in Boston, Massachusetts by David Friend and Jeff Flowers (both serial entrepreneurs who previously founded Carbonite), Wasabi has raised approximately $500 million and positioned itself as the lowest-cost alternative to AWS S3, Google Cloud Storage, and Azure Blob Storage for high-volume data storage needs.
SF AI document parsing API processing 1B+ pages monthly at 20%+ higher accuracy than AWS/Google/Microsoft; $108M total ($75M a16z Series B Oct 2025) serving Scale AI, Harvey, and Fortune 10 for enterprise document intelligence.
About
Reducto is a San Francisco-based AI document intelligence company — backed by $108 million in total funding including a $75 million Series B led by Andreessen Horowitz in October 2025, plus a $24.5 million Series A from Benchmark in April 2025 and an $8.4 million seed from First Round Capital, Y Combinator, BoxGroup, SV Angel, and Liquid2 in October 2024 — providing enterprises and AI development teams with the most accurate document parsing API available for extracting structured data from PDFs, scanned documents, spreadsheets, and unstructured files at human-level reading accuracy. Reducto processes over one billion pages monthly for thousands of customers including Scale AI, Harvey, Rogo, Fortune 10 enterprises, global financial institutions, and Big Four accounting firms — delivering 20%+ higher extraction accuracy than AWS Textract, Google Document AI, and Microsoft Azure Form Recognizer.
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