Folkmade, Llc
Folkmade, LLC operates The Commune, a single-location 3,000+ square foot meeting and event venue in Austin's North Loop neighborhood, offering hourly space rentals for corporate meetings, social events, and private functions accommodating 2 to 70 guests.
- Company typePrivate
- Founded-
- HeadquartersAustin, United States
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
What Folkmade, Llc does
Folkmade, LLC operates The Commune, a single-location meeting and event venue located at 101 E North Loop Blvd in Austin, Texas. The venue spans more than 3,000 square feet in Austin's North Loop neighborhood and is configured to accommodate groups ranging from 2 to 70 people. The company's offering is organized around three core products (Meetings for groups of 2 to 40, Events for up to 50 guests, and Full Buyouts of the entire building for up to 70 people) plus a Private Offices add-on module. Use cases span both corporate demand (board meetings, team offsites, focus groups, client meetings, co-working sessions) and consumer/social demand (baby showers, birthdays, graduations, wedding receptions, celebrations of life).
The business model is a direct-to-consumer rental operation: revenue is generated on a per-booking, pay-as-you-go basis through hourly, half-day, and full-day space rentals. Pricing is not publicly disclosed and is established through direct inquiry via a website contact form, online booking CTAs, and a phone/email channel. The company markets primarily through its own website and an email newsletter, with no third-party distribution partners or marketplace presence. Customers are a mix of local Austin businesses and individuals, and the company cites enterprise clients including Dropbox, PBS, Literati, and Central as logos it has hosted.
The underlying 'technology' is the physical venue itself — a customizable, amenitized space — rather than a software platform. There are no proprietary software features, APIs, integrations, or AI/ML components described in the input. The company operates as a privately held Texas LLC with no disclosed funding rounds, no disclosed parent company, and no disclosed management team or headcount, indicating it functions as a small, independent operator with a single-asset business model.
Folkmade, Llc firmographics
Firmographics- Name
- Folkmade, Llc
- Legal name
- The Commune
- Website
- https://thecommuneatx.com
- Company type
- Private
- Operating status
- Operating
- Short description
- Folkmade, LLC operates The Commune, a single-location 3,000+ square foot meeting and event venue in Austin's North Loop neighborhood, offering hourly space rentals for corporate meetings, social events, and private functions accommodating 2 to 70 guests.
- Ownership category
- akta.pro rank
Where Folkmade, Llc is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Folkmade, Llc business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Space Rental: Hourly, half-day, and full-day rental of meeting and event space. Revenue generated from renting versatile venue space for corporate meetings, social events, and full buyouts. Customers pay for access to customizable physical space with modern amenities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Meeting Space (2-40 people) |
| Other | Pay-as-you-go | Event Space (up to 50 people) |
| Other | Pay-as-you-go | Full Buyout (up to 70 people, 3,000+ sf) |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Folkmade, Llc product offering
Product offeringCore offering
Folkmade, LLC, operating as The Commune, runs a rentable meeting and event venue at 101 E North Loop Blvd in Austin, Texas. The venue provides hourly, half-day, and full-day bookings of customizable physical space accommodating groups from 2 to 70 people, including meetings (2-40 people), events (up to 50 people), and full building buyouts (3,000+ square feet). It serves both corporate clients and individuals hosting personal celebrations in a versatile space with modern amenities.
Product overview
The Commune is a single-location meeting and event venue in Austin's North Loop neighborhood. The company offers three core offerings: Meetings (flexible spaces for 2-40 people), Events (party-ready spaces for up to 50 guests), and Full Buyouts (entire 3,000+ sf building for up to 70 people). Private office rentals are available as an additional option. All offerings share the same versatile physical space with customizable layouts and modern amenities.
Differentiator
Problem solved
Functional benefit
Products and services
- Meetings
Companies that use Folkmade, Llc
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Folkmade, Llc technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Folkmade, Llc partnerships and signals
Strategic signalScale indicators2 records
Expansion highlights3 records
Folkmade, Llc competitors and assessment
Company assessmentDirect peers
- Convene: Premium meeting, event, and workplace provider combining flexible office space with full-service event venues. Directly comparable in the corporate-meeting and event-housing category with a more enterprise-grade service model.
- Splacer: Hourly venue rental marketplace focused on creative and unique event spaces. Comparable as a direct competitor in the rentable event-venue category, particularly for creative-professional and social-event segments.
- Peerspace: Online marketplace for booking hourly meeting and event venues. Directly comparable as an alternative channel for the same demand The Commune serves, with broader geographic reach and a larger venue catalog.
- Tagvenue: Marketplace for hourly event space rentals including meetings, parties, and corporate functions. Closely comparable business model and customer base to The Commune's hourly venue rental offering.
Broad incumbents
- Industrious: Premium flexible workspace and meeting-room operator with event-capable spaces. Comparable overlap in the corporate meeting and offsite segment, but broader workplace-services focus.
- WeWork: Global flexible-workspace provider offering meeting rooms and event spaces alongside offices. Comparable in providing bookable meeting and event space to corporate clients, though as part of a much larger workspace portfolio.
Others
- Eventbrite: Event ticketing and discovery platform that supports event organizers selling tickets to social and corporate gatherings. Adjacent to The Commune because it powers the demand side of the social-event segment The Commune hosts.
Regional players
- Hotel Van Zandt: Austin boutique hotel with meeting rooms and event spaces in the Rainey Street district. Comparable as a competing Austin venue for corporate meetings and social events with full-service hospitality infrastructure.
- Brazos Hall: Large-format Austin event venue for weddings, corporate events, and private functions. Comparable as a competing Austin event venue serving similar corporate and social-event demand with a larger-capacity focus.
- The Belmont Mansion: Historic Austin event venue hosting weddings, corporate events, and private parties. Comparable as a competing Austin event venue for the same social- and corporate-event customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks5 records
Key highlights5 records
Customer concentration
Folkmade, Llc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Folkmade, Llc leadership team
Management profileNumber of profiles
Folkmade, Llc funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Folkmade, Llc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Folkmade, Llc
What does Folkmade, Llc do?
Folkmade, LLC, operating as The Commune, runs a rentable meeting and event venue at 101 E North Loop Blvd in Austin, Texas. The venue provides hourly, half-day, and full-day bookings of customizable physical space accommodating groups from 2 to 70 people, including meetings (2-40 people), events (up to 50 people), and full building buyouts (3,000+ square feet). It serves both corporate clients and individuals hosting personal celebrations in a versatile space with modern amenities.
Is Folkmade, Llc a public or private company?
Folkmade, Llc is a private company. It is classified as unknown and is currently operating.
When was Folkmade, Llc founded?
Folkmade, Llc was founded in -1.
Where is Folkmade, Llc based?
Folkmade, Llc is headquartered in Austin, United States, in the North America region.
How does Folkmade, Llc make money?
One revenue line is on record: space Rental.
Who are Folkmade, Llc's main competitors?
Direct peers on record are Convene, Splacer, Peerspace and Tagvenue. Broad incumbents are Industrious and WeWork. Eventbrite is listed as an others. Regional players are Hotel Van Zandt, Brazos Hall and The Belmont Mansion.
Does Folkmade, Llc have an API?
No public API is recorded for Folkmade, Llc.