---
title: "Ollama raises $65M, nears 9 million users"
url: https://www.parallelquant.com/posts/ollama-raises-65m-nears-9-million-users-19e1a8
source_name: "TechCrunch Startups"
source_url: https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users/
published: 2026-07-09T13:00:00.000Z
topics: ["open source", "business"]
publisher: "Parallel Quant"
---

# Ollama raises $65M, nears 9 million users

*2026-07-09 · Source: [TechCrunch Startups](https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users/)*

Ollama, the open-source tool for running AI models locally, raised $65 million backed by Benchmark and has grown to nearly 9 million users. The project has amassed 176,000 GitHub stars and nearly 17,000 forks.

**Why it matters:** It shows strong demand for running AI models locally rather than through cloud APIs.

**Topics:** open source, business

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Read the original: https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users/
Canonical: https://www.parallelquant.com/posts/ollama-raises-65m-nears-9-million-users-19e1a8
Published by Parallel Quant — https://www.parallelquant.com