This work presents a reduced order modeling technique built on a high fidelity embedded mesh finite element method. Such methods, and in particular the CutFEM method, are attractive in the generation of projection-based reduced order models thanks to their capabilities to seamlessly handle large deformations of parametrized domains and in general to handle topological changes. The combination of embedded methods and reduced order models allows us to obtain fast evaluation of parametrized problems, avoiding remeshing as well as the reference domain formulation, often used in the reduced order modeling for boundary fitted finite element formulations. The resulting novel methodology is presented on linear elliptic and Stokes problems, together with several test cases to assess its capability. The role of a proper extension and transport of embedded solutions to a common background is analyzed in detail. Recent improvements go under the names of Ghost-Cell finite difference methods, Cut-Cell finite volume approach, Immersed Interface, Ghost Fluid, Volume Penalty methods, for which we refer to the review paper [1] and references within. In particular, for what concerns incompressible flows in arbitrary smooth domains, the Immersed Boundary Smooth Extension method has shown high-order convergence for the incompressible Navier-Stokes equations [4].More in detail, extended mesh finite element methods using cut elements are examined in [5,6] for stationary Stokes flow systems, as well as for Navier-Stokes. An analysis for high Reynolds numbers, independent of the local Reynolds, has been carried out in [7,8,9]. XFEM approaches in 2D and 3D Navier-Stokes are reported in [10]. Higher Reynolds number aerodynamics problems in unbounded domains, thin vortex ring and Lattice Green function Immersed Boundary methods are studied in [11,12]. Furthermore, embedded and immersed methods have been used in solving fluid structure