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Ollama has raised $65 Million in new Series B funding

Ollama has raised $65 Million in new Series B funding

August 20, 2026 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Ollama has raised $65 Million in new Series B funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

Investors in the company’s current round of funding include: Theory Ventures, Benchmark, 8VC, Y Combinator, Pace Capital, 49 Palms, GTMFund

About Ollama
Ollama is a software company that provides a platform for running and building with open AI models on your computer and in the cloud, making it easy for developers to get up and running with large language models through a simple app and API. It positions itself as the easiest way to work with open models, allowing users to download an app, run the latest models with a single command, and integrate them into applications via a straightforward developer interface. The company supports a wide range of open models (including popular large language models and multimodal models) and emphasizes that you can run them either on your own hardware or via Ollamas cloud inference, giving flexibility between local and hosted execution. Ollama highlights its traction and market position by noting that it has quickly become a leading platform to access open models, serving millions of developers who use it to build, run, and customize AI systems. The overall focus of the company is to make open AI models accessible, practical, and developer-friendly, combining desktop apps, cloud services, and extensive integrations into a unified experience for building with modern language models.

To learn more, visit https://ollama.com/
Linkedin: https://www.linkedin.com/company/ollama

Contact:
Jeffrey Morgan, Chief Executive Officer
https://www.linkedin.com/in/jmorganca/

SOURCE: http://www.intelligence360.io
Copyright (c) 2026 SI360 Inc. All rights reserved.


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