Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

Ollama, an open-source AI developer tool, has raised $65 million in funding. The tool has grown to nearly 9 million users and is popular on GitHub with 176,000 stars and 17,000 forks. Ollama helps developers easily run AI models on their personal computers, making AI development more accessible.

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PublishedThursday, July 9, 2026 at 3:00 PMJul 9, 03:00 PM

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Story ID#4933

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Business briefing

A structured operator read: what happened, why it matters, who is affected, and what to watch next.

What happened

Ollama, an open-source AI developer tool, has raised $65 million in funding. The tool has grown to nearly 9 million users and is popular on GitHub with 176,000 stars and 17,000 forks. Ollama helps developers easily run AI models on their personal computers, making AI development more accessible.

Why it matters

This funding and user growth highlight the increasing demand for accessible AI development tools.

Business impact

Ollama's growth could accelerate AI adoption among developers and influence AI tool ecosystems.

Who is affected

Teams tracking Core AI, Developer Tools, product strategy, operations, and market positioning.

Operator take

Companies should consider integrating or supporting Ollama to leverage its growing developer base.

What to watch next

Tracking MSFT until next market close

Confidence levelLow

Sources

TechCrunch AI AI BriefWire editorial record

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Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI on their PCs.

The popular open source AI tool Ollama has raised a $65 million Series B, led by Theory Ventures, founder and CEO Jeff Morgan tells TechCrunch.

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