companies
Ollama
Open-source platform for downloading and running large language models locally on a developer's own machine.
Ollama was founded in 2023 by Jeffrey Morgan and Michael Chiang, who previously worked together at Docker (having joined after Docker acquired their startup Kitematic). The company is headquartered in Palo Alto, California. Ollama provides an open-source runtime and simple CLI/API for downloading and running open-weight large language models locally, popular with developers who want to build and test AI applications without depending on cloud APIs; it reports serving nearly 9 million monthly developers. The company has raised $88M in total funding, including a $15M Series A led by Benchmark and a $65M Series B (announced July 2026) led by Theory Ventures, with participation from Benchmark, 8VC, Y Combinator, and others. Despite its scale of usage, Ollama operates with a lean team.
- Founded
- 2023
- Headquarters
- Palo Alto, United States
- Sector
- infrastructure
Tools
- Ollama
Ollama runs open models locally or in the cloud and connects them to coding agents, applications, and an API.