Felt just pulled in another $15 million, and if you think it’s “just another funding round,” you’re still stuck booting up legacy GIS from a Windows 7 laptop in a fluorescent-lit cubicle. Felt isn’t mapping the world, they’re rebuilding how we think about it. From the ground up, in real time, through a browser, with the kind of design that makes your old GIS interface look like it was coded during dial-up. And this raise? It’s not about hype. It’s fuel to build the AI native spatial stack enterprises didn’t know they needed, until now.
Let’s talk brass tacks. Energize Capital led the round, with returning firepower from Bain Capital Ventures and Footwork VC. That’s not just a lineup, it’s a signal. You don’t double down on a company unless the signals are screaming. And Felt’s signal? Terabytes of spatial data processed daily, a customer list featuring names like MSCI, Arevon, and the County of Santa Barbara, and a product flying off the shelves via AWS Marketplace. In enterprise tech, that’s called velocity.
Co-founders Sam Hashemi and Can Duruk didn’t stumble into this. Sam already built and sold Remix. Can helped write the early code at Uber and turned sarcasm into a technical newsletter people actually read. Together, they saw a problem most people ignored: GIS was still treated like a specialist tool for a dusty desktop. While everything else went cloud native and collaborative, spatial data stayed trapped in 2005. So they built Felt, the browser native GIS that looks like Figma and thinks like a spatial data scientist.
Can stepped down as CTO last month, but the foundation’s set, and Felt AI is the game-changer. Drop a natural language prompt and get live spatial analysis, map styling, even app code, ready in minutes. We’re talking a 75% reduction in deployment time, and for anyone who’s tried to stand up a GIS toolchain from scratch, that’s not a feature, it’s liberation.
So what’s next? Hiring’s on, with a search for engineers and dev advocates who can speak cloud and code with equal fluency. Felt’s pushing deeper into climate, energy, and government, places where spatial insight isn’t just a map, it’s a mission-critical asset. And the roadmap? 3D, LiDAR, no-code workflows, low-code app building. Felt isn’t replacing legacy GIS. It’s burying it.
This round brings their total raise to $34.5 million, with zero signs of slowing. So yeah, Felt isn’t “raising money.” They’re raising expectations.
