# Felt Maps

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/felt-maps

- Industry: Software
- Headquarters: Oakland, US
- Website: www.felt.com
- Total disclosed funding: $39M
- Latest round: Series A (Jul 14, 2025)
- Investors on record: 6

## About

Founded in 2021 and headquartered in Oakland, US, Felt Maps, Inc. specializes in providing advanced GIS solutions. In July 2025, Felt Maps, Inc. raised USD 15 million in venture funding led by new investor Energize Capital, with participation from returning investors Bain Capital and Footwork. Co-founders Can Duruk, Rafiq Yasin, and Sam Hashemi, with Sam Hashemi serving as CEO, have a background in technology startups.Felt offers a cloud-native geographic information system (GIS) platform designed to facilitate the visualization and analysis of geospatial data. The core functionalities of Felt's platform include the ability to seamlessly upload various file types without data wrangling, geocoding street addresses, geomatching boundaries, and parsing geometry columns for immediate visualization. This modern GIS solution is particularly beneficial for organizations looking to simplify their geospatial workflows, empowering teams to create detailed visualizations and insights with minimal effort. Key use cases include real-time data visualization, spatial pattern analysis, and collaboration among stakeholders in sectors such as urban planning, environmental management, and logistics. Felt primarily serves a diverse client base across North America, Europe, and Asia, enabling organizations to leverage their geospatial data effectively globally.Felt generates revenue through a subscription-based pricing model, catering primarily to businesses and organizations that require robust geospatial capabilities. Clients typically engage with Felt's services by subscribing to its platform, which provides access to essential features such as data visualization, geocoding, and collaborative mapping. Transactional structures include direct-to-business relationships, wherein clients pay for tiered subscriptions that unlock varying levels of functionality, including enhanced data export options and advanced security features. The firm’s offerings are designed to meet the needs of enterprises, with pricing plans reflecting the extensive capabilities of its flagship GIS platform. Revenue is driven by both individual subscriptions and partnerships with organizations seeking integrated solutions within their geospatial workflows. The company will use the July 2025 funding to support the further development of its data analysis tools.

## Funding rounds

- Series A, Jul 14, 2025, $15M — Bain Capital, Energize Capital, Footwork
- Series A, Apr 28, 2022, $20M — Bain Capital, Designer Fund, Moxxie Ventures, Footwork
- Seed, Aug 10, 2021, $4.5M — Bain Capital, Designer Fund, Pickens Ventures

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed, Series A
- Designer Fund (https://capitalatlas.ai/funds/designer-fund) — Seed, Series A
- Pickens Ventures (https://capitalatlas.ai/funds/pickens-ventures) — Seed
- Moxxie Ventures (https://capitalatlas.ai/funds/moxxie-ventures) — Series A
- Footwork (https://capitalatlas.ai/funds/footwork) — Series A
- Energize Capital (https://capitalatlas.ai/funds/energize-capital) — Series A