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Ollama - About the company

Ollama is a series B company based in Palo Alto (United States), founded in 2023 by Jeffrey Morgan and Michael Chiang. It operates as a Platform offering open-source tools for running large language models locally. Ollama has raised $88M in funding from Benchmark and Theory Ventures. The company has 123 active competitors, including 7 that are funded. Its top competitors include companies like Nuro, Gruve and Nscale.

Company Details

Platform offering open-source tools for running large language models locally. It includes support for various AI models and a simple API for management.
Website
ollama.com
Social
X
Email ID
*****@ollama.com, *****@ollama.com, *****@ollama.com
Key Metrics
Founded Year
2023
Location
Palo Alto, United States
Stage
Series B
Total Funding
$88M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
62 as on Jun 30, 2026
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Ollama's funding and investors

Ollama has raised a total funding of $88M over 2 rounds. Its latest funding round was a Series B round on Jul 09, 2026 for $*****. 7 investors participated in its latest round. Ollama has 8 institutional investors.

Here is the list of recent funding rounds of Ollama:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 09, 2026
1523476
Series B
2713053
7869665
6425731
1805198
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Ollama's founders and board of directors

Founder? Claim Profile
The founders of Ollama are Jeffrey Morgan and Michael Chiang. Jeffrey Morgan is the CEO of Ollama.
Here are the details of Ollama's key team members:

Ollama's employee count trend

Ollama has 62 employees as of Jun 26. Here is Ollama's employee count trend over the years:
Employee count trend for Ollama
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Ollama's Competitors and alternates

Top competitors of Ollama include Nuro, Gruve and Nscale. Here is the list of Top 10 competitors of Ollama, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nuro
Nuro
2016, Mountain View (United States), Series E
Developer of autonomous driving technology for automakers and mobility providers
$2.34B
72/100
2nd
Logo for Ollama
Ollama
2023, Palo Alto (United States), Series B
Platform offering open-source tools for running large language models locally
$88M
66/100
3rd
Logo for Gruve
Gruve
2024, Redwood City (United States), Series A
Provider of AI infrastructure, inference solutions, and enterprise AI agents
$87.5M
64/100
4th
Logo for Nscale
Nscale
2023, London (United Kingdom), Series C
Provider of cloud infrastructure for artificial intelligence and computing workloads
$3.72B
62/100
5th
Logo for Beyond Limits
Beyond Limits
2014, Glendale (United States), Series C
Developer of hybrid artificial intelligence solutions for industrial enterprise applications
$158M
62/100
6th
Logo for LYS Labs
LYS Labs
Bucharest (Romania), Seed
Developer of data and execution infrastructure for automated markets
$4M
54/100
7th
Logo for Bigmodel
Bigmodel
China, Unfunded
AI-based large language model platform provider, offering a range of API services for conversational AI
-
-
42/100
8th
Logo for Google
Google
France, Unfunded
Provider of a suite of internet-related products and online digital services
-
-
34/100
9th
Logo for Avian
Avian
2018, London (United Kingdom), Unfunded
Provider of an API for fast, affordable artificial intelligence inference
-
-
26/100
10th
Logo for Google
Google
Brazil, Unfunded
Provider of a suite of internet-related products and online digital services
-
-
26/100
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Ollama's Investments and acquisitions

Ollama has made no investments or acquisitions yet.

Reports related to Ollama

Here is the latest report on Ollama's sector:

News related to Ollama

Media has covered Ollama for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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