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The easiest way to run open models locally — the developer default for on-device AI
HQ: San Francisco, CA, United States | Founded: 2023 | Employees: ~40 (2026, est.) | Stage: Early Stage VC (Series B) | Website: https://ollama.com
Ollama was founded in 2023 by Jeff Morgan (previously a principal engineer at LinkedIn) with a simple but powerful idea: running an open-weights language model should be as easy as running any other developer tool. The result is a single, polished CLI and app that downloads, runs, and manages local models — with a model library covering Llama, Mistral, Qwen, DeepSeek, Gemma, and thousands of community models, plus an OpenAI-compatible API so local models drop into existing applications.\n\nThe product spread entirely through developer word-of-mouth: it became the fastest way to try open models privately, without cloud costs or data leaving the machine. By 2025-2026 Ollama's reach was extraordinary for a tiny team — 8.9 million monthly developers, ~85% penetration among Fortune 500 companie
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