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Ollama

Provides an open-source developer tool for running and working with AI models locally, serving a fast-growing user base.

AI Developer Tools
Local AI Models
Total Raised
$65M
Last Valuation
$433M
Headquarters
Palo Alto, USA

Overview

Ollama builds an open-source AI developer tool that enables developers to run and work with AI models locally. Its product is aimed at software teams and individual developers seeking simpler local model workflows. The company’s key differentiator is its broad open-source adoption, with the round description citing nearly 9 million users. Ollama raised $65 million in an undisclosed round announced on July 9, 2026, supporting continued growth of its developer ecosystem.

Funding History

1 round · Jul 2026
$65M
Total Raised
1
Valuation: $433M
Cumulative: $65M

Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

Investors not disclosed
Source

Frequently Asked Questions

How much has Ollama raised in total?
Ollama has raised a total of $65M across 1 funding round.
What does Ollama do?
Ollama builds an open-source AI developer tool that enables developers to run and work with AI models locally. Its product is aimed at software teams and individual developers seeking simpler local model workflows. The company’s key differentiator is its broad open-source adoption, with the round description citing nearly 9 million users. Ollama raised $65 million in an undisclosed round announced on July 9, 2026, supporting continued growth of its developer ecosystem.
Where is Ollama headquartered?
Ollama is headquartered in Palo Alto, USA.