Ollama Raises $65M as Open-Source AI Tool Reaches Nearly 9M Users

Ollama, the open-source tool for running AI models locally, has secured $65 million in funding and grown to nearly 9 million users, with strong GitHub traction.

This article was drafted with AI assistance from multiple sources and was reviewed and approved by a human editor before publication.

Ollama, a popular open-source tool that lets developers run AI models on their own computers, has raised $65 million in a funding round led by Benchmark. The company also announced it has grown to nearly 9 million users.

The tool has gained significant traction on GitHub, amassing 176,000 stars and nearly 17,000 forks. This community engagement reflects strong interest from developers who want to run AI locally rather than relying on cloud services.

The funding will likely fuel further development of the platform, which simplifies running large language models and other AI models on personal computers. Ollama's approach appeals to developers seeking privacy, lower costs, and offline capabilities.