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Ollama

Updated Mar 24, 2026

Ollama's full profile: funding, valuation, competitors, and the people behind the company.

🇺🇸United StatesBootstrappedAI Dev Tools

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2023

🏷️

Stage

Bootstrapped

👥

Team

1-50

Ollama is an open-source tool that enables developers and technical users to download, run, and interact with large language models locally on their own hardware with a single command-line instruction. The project supports a growing library of open models including Llama, Mistral, Gemma, and Code Llama, running them through a local API server compatible with the OpenAI API interface.\n\nOllama

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Key Facts

  • Ollama was founded in 2023 by Jeffrey Morgan and is headquartered in United States.
  • Ollama employs approximately 1-50 people.
  • Ollama operates in the AI Dev Tools category and is currently at the Bootstrapped stage.
  • Ollama has an Awaira Score of 45/100, ranking it among the tracked AI companies on Awaira.
  • Ollama's most recent funding round was a Seed of $2.71M closed in January 2023.

Source: Awaira · Updated Mar 24, 2026

N/A

Post-money

N/A

All rounds

45/100

2023

1-50 employees

Strengths

Growing team of 1-50 employees

Based in the US, the world's largest AI market

Considerations

!

Valuation not publicly disclosed

!

Limited disclosed funding

Analysis based on publicly available data. Not investment advice.

⚠️ ESTIMATE
💵Est. Annual Revenue
Revenue not disclosed

Awaira estimate based on public data. Not financial advice.

How does Ollama stack up against competitors?

MetricOllamaVercelPostman AICursor
Awaira Score45/10091/10090/10087/100
Total RaisedN/A$863M$433M$3.4B
ValuationN/A$9.3B$5.6B$29.3B
StageBootstrappedSeries FSeries DSeries D
Founded2023201520142022
Employees1-507501000+50
Country🇺🇸🇺🇸🇺🇸🇺🇸
J

Jeffrey Morgan

Creator & CEO

View founder profile →
StageBootstrapped
Employees1-50
Country🇺🇸 United States
Connect
Inactive
1 round
SeedLatest

$2.71M

Jan 2023

Frequently Asked Questions

What is Ollama's valuation?
A confirmed valuation hasn't been made public. This is common for Bootstrapped-stage companies in the AI Dev Tools sector.
Who invested in Ollama?
Investor details haven't been made public yet. Check back for updates as new funding rounds are announced.
When did Ollama last raise funding?
A Seed of $2.71M represents the most recent capital raise in January 2023.
How many employees does Ollama have?
Around 1-50 people work there, with headquarters in United States.
What does Ollama do?
Ollama is an open-source tool that enables developers and technical users to download, run, and interact with large language models locally on their own hardware with a single command-line instruction. The project supports a growing library of open models including Llama, Mistral, Gemma, and Code Llama, running them through a local API server compatible with the OpenAI API interface.
Who founded Ollama?
Jeffrey Morgan established the company in 2023. It's based in United States. Jeffrey Morgan serves as Creator & CEO.
Is Ollama profitable?
Profitability data isn't available in public filings. The company has not disclosed its funding and operates at the Bootstrapped stage.
Where is Ollama headquartered?
The headquarters sit in United States 🇺🇸 and was established in 2023. It competes in the AI Dev Tools sector.
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