Ollama: all aboard open models · Ollama Blog
Summary
Ollama announces that it has raised $88 million from a group of venture investors and angel backers. The company positions its platform as the easiest way for developers to access and run open models locally or in the cloud. It says its cloud usage is growing quickly and that its software now serves millions of developers and many large enterprises. The company plans to use the money to expand hybrid inference, support new model releases faster, and improve its cloud offering while keeping open models easy to run.
Funding
Amount
$88.0M
Total raised
Date
July 9, 2026
Announcement date
Investors
Garage Capital, Docker, 8VC, Benchmark, GTMfund
Lead investors
Company
ollama.com
Funded company
Classifications
industries
No industries detected
applications
Calendar, Scheduling
AskAI Classifications
Labels
AI Developer Tools
Machine Learning Infrastructure
MLOps
Linked Companies
Ollama
$1M to $5M