Ollama

Overview

Ollama is an open-source developer platform for running open-weight-models locally and scaling to cloud inference. Founded by Jeffrey Morgan and Michael Chiang (former Docker Desktop creators), it has become the largest developer network in the open-model ecosystem.

Recent Developments

• 2026-07-09: $65MSeriesBledby[[theory-ventures]];totalfunding$88M (2026-07-09-ollama-series-b-lasvegassun)
• 8.9M monthly active developers; 85% of Fortune 500; 14 employees
• 176K GitHub stars; 67,000 community integrations; ~1M new installs/week
• Neocloud tiers ($0–$100/month) complement free desktop product (2026-07-09-ollama-series-b-thenextweb)

Business Model

Local-first inference for privacy, cost, and offline use; cloud upsell for larger models. Benchmark’s Peter Fenton predicts open-weight models will generate supermajority of tokens within 18–24 months.

Related

• open-weight-models
• llm-infrastructure
• on-device-ai
• neocloud
• docker
• theory-ventures
• benchmark

Sources

• 2026-07-09-ollama-65m-series-b-9m-users
• 2026-07-09-ollama-series-b-techcrunch-corroboration
• 2026-07-09-ollama-series-b-thenextweb
• 2026-07-09-ollama-series-b-mlq