# Ollama funding rounds and investors

As of 14 Oct 2026, Ollama has raised $65M across 1 verified round on record; latest: $65 million Series B led by Theory Ventures, announced 9 Jul 2026.

Platform that lets developers run AI models locally

Website: https://ollama.com  
Headquarters: PALO ALTO, Calif.  
Page: https://fireround.dev/companies/ollama

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2026-07-09 | Series B | $65 million | Theory Ventures | 49 Palms, 8VC, Benchmark, GTMfund, Pace Capital, Y Combinator | [ollama.com](https://ollama.com/blog/all-aboard-open-models), [businesswire.com](https://www.businesswire.com/news/home/20260709429551/en/Ollama-Raises-%2465M-Series-B-Funding-to-Grow-its-Open-source-AI-Platform), [techcrunch.com](https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.