The NumbersJuly 9, 2026via TechCrunch Startups

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

Why it matters

Ollama's funding validates a counter-trend: developers are moving AI workloads off cloud infrastructure and onto local machines. At 9M users and 176K GitHub stars, the open-source runtime is becoming the standard layer between models and developer tools—a shift that threatens SaaS API consumption models.

Key signals

  • $65M funding round
  • Nearly 9M users
  • 176,000 GitHub stars
  • 17,000 GitHub forks
  • Open-source developer tool for local AI inference
  • Enables developers to run AI models on PCs without cloud dependency

The hook

$65M. That's what Ollama just raised—and it's reshaping how developers build AI locally instead of cloud-dependent.

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

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