Company

Ollama

Platform and network enabling developers to access, download, and deploy open-weight AI models locally or in secure cloud environments

Developer ToolsAICloud Infrastructure

People

Jeffrey Morganfounder

Funding History

Jul 9, 2026

Ollama raised a $65M round led by Theory Ventures (Tomasz Tunguz), with existing investors also participating. The company plans to use the capital to expand its team and invest in US and European compute infrastructure for hosting open models.

65M

Investors

Theory Ventures

News

Interviews (1)

Ollama raises $65M to connect 9 million developers to open-weight models, with 80% of Fortune 500 already using the platform

9 Jul 2026