# Ollama funding: rounds and investors

> Ollama has raised $65M across 1 round since 2026. Investors include Theory Ventures, Y Combinator and Benchmark. Every round with its source.

Source: https://millionrounds.com/company/ollama (Millionrounds; every figure on the page links to its filing or article)

[Series B startup](https://millionrounds.com/companies)

# Who invested in *Ollama*

One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Developer Tools Open Source

Raised 4 months ago

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Funding summary Updated 5 Nov 2026

**$65M** raised across 1 round since 2026, from 3 sources

- **Latest round:** Series B, $65M Jul 2026
- **Led by:** Theory Ventures
- **Investors:** 7 (1 led)

See who backed them

## The rounds

- **Jul 2026** Series B **$65M** [Theory Ventures](https://millionrounds.com/fund/theory-ventures) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Benchmark](https://millionrounds.com/fund/benchmark) [8VC](https://millionrounds.com/fund/8vc) [GTMfund](https://millionrounds.com/fund/gtmfund) [Pace Capital](https://millionrounds.com/fund/pace-capital) [49 Palms](https://millionrounds.com/fund/49-palms) Reported by TechCrunch and 2 others

## Everyone who backed them

[Theory Ventures](https://millionrounds.com/fund/theory-ventures) VC firm **1** round, led 1

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round

[8VC](https://millionrounds.com/fund/8vc) VC firm **1** round

[GTMfund](https://millionrounds.com/fund/gtmfund) VC firm **1** round

[Pace Capital](https://millionrounds.com/fund/pace-capital) VC firm **1** round

[49 Palms](https://millionrounds.com/fund/49-palms) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ollama).

## Also claim to have backed them

These 2 firms list Ollama as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Angel Collective](https://millionrounds.com/fund/angel-collective) Fund of funds Per its own site

[Derrick Li](https://millionrounds.com/fund/derrick-li) Angel Per its own site

## Quick answers about Ollama

### Who invested in Ollama?

Ollama's investors include Theory Ventures, Y Combinator, Benchmark, 8VC and GTMfund, and 2 more on record. Theory Ventures led its latest round.

### How much has Ollama raised?

Ollama has raised $65M across 1 round since 2026.

### When did Ollama last raise?

Ollama's most recent round was a Series B of $65M in Jul 2026, led by Theory Ventures.

### What was Ollama's biggest round?

Its most recent round, $65M in Jul 2026, is also its largest on record.

### Who backed Ollama first?

Ollama's first round on record, in Jul 2026, was backed by Theory Ventures, Y Combinator and Benchmark and 4 others.

### What stage is Ollama at?

Ollama's latest named round is a Series B, in Jul 2026.

### Who led Ollama's rounds?

Theory Ventures led the Series B in 2026.

## Companies like Ollama

In the same sector, and raised in the last eighteen months.

[**Nirva** $25M · Oct 2026](https://millionrounds.com/company/nirva)[**Lovi** $15M · Oct 2026](https://millionrounds.com/company/lovi)[**Palma.ai** $1.8M · Sept 2026](https://millionrounds.com/company/palma-ai)[**Hang Ten Systems** $53M · Sept 2026](https://millionrounds.com/company/hang-ten-systems)[**OriginalVoices** $1.3M · Sept 2026](https://millionrounds.com/company/originalvoices)[**Positron AI** $875M · Sept 2026](https://millionrounds.com/company/positron-ai)

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