Ollama Raises $65M Series B Funding Led by Theory Ventures to Enhance its Open-source AI Platform.
Amount Raised
$65 Million
Round Type
Series B
Palo AltoSoftwareArtificial IntelligenceMachine LearningInvestors
Description
Ollama has announced a $65M Series B funding round led by Theory Ventures, with participation from multiple notable investors. This round brings Ollama's total funding to $88M. The funding will be used to further develop and scale Ollama's open-source AI platform. Ollama aims to make open models effortlessly usable for developers.
Quick answer
Ollama raised $65 Million in a Series B round, dated July 9, 2026. Investors: GTMFund, Benchmark, 8 VC, Y Combinator, Pace Capital, 49 Palms and Theory Ventures. Ollama is based in Palo Alto, California, United States.
- How much did Ollama raise?
- Ollama raised $65 Million in a Series B round on July 9, 2026.
- Who invested in Ollama?
- GTMFund, Benchmark, 8 VC, Y Combinator, Pace Capital, 49 Palms and Theory Ventures are named as investors in this round.
- What does Ollama do?
- Ollama is the largest developer platform for open models, making them easy, efficient, and safe to use.
- Where is Ollama based and how big is it?
- Ollama is based in Palo Alto, California, United States. Fundz records about 62 employees.
- Who are the decision-makers at Ollama?
- Fundz holds 3 contacts at Ollama, including the CEO, Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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