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July 17, 2025 - Deals
Felt Raises $15 Million In Funding Led By Energize Capital With BCV And Footwork
Felt, an Oakland-based provider of a cloud-native GIS platform, has raised $15 million in funding led by Energize Capital with participation from BCV and Footwork. Led by CEO Sam Hashemi, Felt will use the capital to grow its team and enhance its offerings, including Felt AI and advanced data analysis tools, helping customers like MSCI and the County of Santa Barbara manage spatial data and accelerate government initiatives more efficiently.
INVESTORS: Energize Capital, BCV & Footwork
AMOUNT: $15,000,000
HQ: #Oakland #California
#VentureCapital #Felt #EnergizeCapital #BCV #Footwork #SamHashemi #TradedVC
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Businesses Increase AI Spending As Anthropic Leads Adoption At 43.5%Ramp’s latest AI Index shows businesses are continuing to increase AI spending despite rising pressure from cheaper and open-source models. In July, the top 1% of businesses spent a median $7,400 per employee on AI, compared with $650 for the top 10% and $11.95 for the median firm, while Anthropic led business adoption at 43.5%, ahead of OpenAI at 39.7%.
#VentureCapital #Ramp #TradedVC