Felt raises $15M in funding led by Energize Capital to expand its team and enhance product offerings, including Felt AI development.
Jul 16, 2025•17 days ago
Amount Raised
$15 Million
Investors
FootworkBcvEnergize Capital
Description
Felt, an Oakland, CA-based provider of a cloud-native geographic information systems (GIS) platform, raised $15M in funding. The round was led by Energize Capital, with participation from BCV and Footwork. The company intends to use the funds to expand its team and product offerings. Felt provides a GIS platform that allows organizations to work with spatial data.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech