Forthlevel
Forthlevel operates a 3,000 square foot flexible event rental venue in Chicago's West Loop, inside the historic Checker Taxi building. It serves corporate teams, event planners, and production companies through direct hourly bookings under parent Multiple, Inc.
- Company typePrivate
- Founded2017
- HeadquartersChicago, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Forthlevel does
Forthlevel operates a single 3,000 square foot flexible event rental space branded "Forth," located on the fourth floor of the historic Checker Taxi building at 845 W Washington Blvd in Chicago's West Loop. The venue is operated as a project of the parent corporation Multiple, Inc., a Chicago-based entity. Forth is configured with a main loft area, full kitchen, a private conversation room, two breakout rooms, and a partitionable lounge/meeting space, supporting capacities of 150 standing, 80 lecture seating, or 40 task seating. It is wheelchair accessible via a freight elevator.
The venue serves three primary use cases: corporate off-sites and workshops, social and corporate events, and production shoots (photo, film, commercial). Revenue is generated through hourly rental fees published on the company website at $250/hr weekdays (Monday-Friday) and $350/hr weekends (Saturday-Sunday), with a six-hour minimum booking and discounted rates available for 501(c)(3) non-profit organizations. Distribution is direct-to-buyer: prospective customers initiate contact via a Reservations inquiry form, email, or phone; no self-serve online booking system is operated.
The underlying technology stack is commercial-grade AV/IT infrastructure (dedicated WiFi, ceiling-mounted digital projection, Sonos sound, AppleTV, Airtame, printer/copier, whiteboards) rather than a proprietary platform. Marketing relies on organic social media (Facebook, Instagram, LinkedIn, Twitter) and the "Insights" blog, plus a curated list of 15 recommended catering vendors. The business is privately held with 1-10 employees, no disclosed institutional funding, and operates exclusively within the Chicago metropolitan area.
Forthlevel firmographics
Firmographics- Name
- Forthlevel
- Legal name
- Multiple, Inc.
- Website
- https://forthlevel.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Forthlevel operates a 3,000 square foot flexible event rental venue in Chicago's West Loop, inside the historic Checker Taxi building. It serves corporate teams, event planners, and production companies through direct hourly bookings under parent Multiple, Inc.
- Ownership category
- akta.pro rank
Forthlevel industry classification
Industry- Product category
- Event Venue Rental Services
- NAICS
- General Rental Centers (53231)
- SIC
- Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Corporate Event Rentals (Furniture, Staging, Tents) (HSACADAI)
Keywords
Where Forthlevel is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Forthlevel business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Hourly Venue Rental: Forth generates revenue through hourly rental fees for their 3,000 sq ft flexible event space. Pricing varies by day of week (weekday vs. weekend rates) with a six-hour minimum booking requirement. Special discounted rates are available for 501(c)(3) non-profit organizations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Weekday hourly rate |
| Unit Pricing | Pay-as-you-go | Weekend hourly rate |
| Unit Pricing | Pay-as-you-go | Non-profit rate |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Forthlevel product offering
Product offeringCore offering
Forthlevel operates a 3,000 square foot fully restored flexible rental space called Forth in Chicago's West Loop within the historic Checker Taxi building. The venue is purpose-built for corporate off-sites, workshops, presentations, small gatherings, social events, receptions, photoshoots, film shoots, and commercial productions, and includes a main loft with kitchen, private conversation room, two breakout rooms, and a partitionable lounge/meeting space. Rentals are booked on an hourly basis with weekday and weekend pricing tiers and on-site amenities covering WiFi, projection, Sonos audio, Apple TV, Airtame, whiteboards, and catering recommendations.
Product overview
Forthlevel operates a single unified product offering — the Forth event venue. This is one physical rental space (3,000 sq ft) in Chicago's West Loop that cannot be subdivided into separate products or modules. The venue's main space, breakout rooms, kitchen, and lounge are all components of this single rental space product rather than distinct offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Forth (rental space) A 3,000 square foot fully restored flexible rental space located on the fourth floor of the historic Checker Taxi building in Chicago's West Loop. Designed for corporate off-sites, workshops, presentations, small gatherings, social events, receptions, photoshoots, film shoots, and commercial productions, it includes a large main loft area with kitchen, a private conversation room, two intimate breakout rooms, and a lounge/meeting space that can be partitioned. Capacity is up to 150 standing, 80 lecture seating, or 40 task seating, with a six-hour minimum rental, weekday and weekend hourly rates, and special discounted rates available for 501(c)(3) non-profit organizations.
Companies that use Forthlevel
Customer profileSegments4 records
Ideal customer profiles4 records
Forthlevel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Forthlevel partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered minor.
- de cerominorRecommended catering vendor for Forth events. Mexican cuisine option from the Hello Tacos group.
- Do-Rite DonutsminorRecommended catering vendor for Forth events. Donut and pastry options.
- Entertaining CompanyminorRecommended catering vendor for Forth events. Full-service catering company.
- El CheminorRecommended catering vendor for Forth events. Argentine steakhouse fare.
- Goat Group CateringminorRecommended catering vendor for Forth events.
- Green Street Smoked MeatsminorRecommended catering vendor for Forth events. Renowned Chicago BBQ restaurant.
- Guerrilla SmilesminorRecommended catering vendor for Forth events. Dessert/candy catering option.
- JP GrazianominorRecommended catering vendor for Forth events. Italian subs and sandwiches.
- Blue Plate ChicagominorRecommended catering vendor for Forth events. Catering services.
- Parlor Pizza BarminorRecommended catering vendor for Forth events. Pizza catering for events.
- Sushi DokkuminorRecommended catering vendor for Forth events. Japanese sushi options.
- WishboneminorRecommended catering vendor for Forth events. Southern and Cajun cuisine catering.
- Nonna'sminorRecommended catering vendor for Forth events. Italian family-style cuisine.
- Formento'sminorRecommended catering vendor for Forth events. Italian restaurant and catering.
- Healthy SinsminorRecommended catering vendor for Forth events. Vegan/healthy food options.
Scale indicators2 records
Recent moves5 records
Expansion highlights3 records
Forthlevel competitors and assessment
Company assessmentBroad incumbents
- Industrious: Premium flexible-workspace operator that also books event and meeting space inside its locations. Broader portfolio than Forthlevel (private offices, coworking, suites) but a meaningful competitor in the enterprise meeting and event rentals space.
- Novel Coworking: Operator of design-forward coworking and event spaces in multiple US markets, often in restored/character buildings. Shares Forthlevel's aesthetic of stylish, character-rich spaces for meetings and events, though anchored in coworking rather than dedicated venue rental.
- Soho House: Private members' club and hospitality brand that operates event spaces, screening rooms, and meeting venues in restored/character buildings globally. Comparable aesthetic and audience overlap (creative, professional, media), though Soho House is a much broader hospitality business.
- Knotel (Newmark): Flexible office and event-space operator (now part of Newmark) offering on-demand meeting and event spaces. Competes with Forthlevel primarily for corporate event and off-site bookings, but with a wider portfolio of office products.
- WeWork: Large flexible-workspace operator offering meeting rooms and event spaces across global markets. Broader coworking focus but directly competes for the same corporate off-site and event-rental buyer as Forthlevel, with greater brand awareness and geographic reach.
Direct peers
- Convene: Design-led meeting, off-site, and event venue operator with premium locations in major US cities. Overlaps with Forthlevel on enterprise off-sites, board meetings, and corporate events with full-service amenities and concierge support.
- Peerspace: Online marketplace that books hourly event and meeting spaces across hundreds of cities. Most directly comparable to Forthlevel because it aggregates unique, design-forward venues for off-sites, productions, and small events on the same hourly-rental model — and competes for the same corporate-off-site and production-shoot buyer.
- Splacer: Marketplace and venue-management platform for unique, design-forward event spaces in major cities. Closely aligned with Forthlevel's positioning around distinctive, photogenic spaces for corporate events, productions, and private gatherings on a rental/booking basis.
Regional players
- The Chicago Illuminating Company: Chicago event venue housed in a restored industrial building, marketing corporate events, social gatherings, and productions. Direct Chicago-area competitor to Forthlevel in the unique/industrial venue rental category.
- Loft on Lake: Chicago-based industrial-chic event venue for weddings, corporate events, and social gatherings. Operates in the same city and use-case mix as Forthlevel and is a direct local alternative for corporate and social event buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Forthlevel social profiles
Digital presenceForthlevel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Forthlevel leadership team
Management profileNumber of profiles
Forthlevel funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Forthlevel 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 Forthlevel
What does Forthlevel do?
Forthlevel operates a 3,000 square foot fully restored flexible rental space called Forth in Chicago's West Loop within the historic Checker Taxi building. The venue is purpose-built for corporate off-sites, workshops, presentations, small gatherings, social events, receptions, photoshoots, film shoots, and commercial productions, and includes a main loft with kitchen, private conversation room, two breakout rooms, and a partitionable lounge/meeting space. Rentals are booked on an hourly basis with weekday and weekend pricing tiers and on-site amenities covering WiFi, projection, Sonos audio, Apple TV, Airtame, whiteboards, and catering recommendations.
Is Forthlevel a public or private company?
Forthlevel is a private company. It is classified as corporate owned and is currently operating.
When was Forthlevel founded?
Forthlevel was founded in 2017. It employs 1 to 10 people.
Where is Forthlevel based?
Forthlevel is headquartered in Chicago, United States, in the North America region.
How does Forthlevel make money?
One revenue line is on record: hourly Venue Rental.
Who are Forthlevel's main competitors?
Broad incumbents on record are Industrious, Novel Coworking, Soho House, Knotel (Newmark) and WeWork. Direct peers are Convene, Peerspace and Splacer. Regional players are The Chicago Illuminating Company and Loft on Lake.
Does Forthlevel have an API?
No public API is recorded for Forthlevel.
What industry is Forthlevel in?
Forthlevel's product category is Event Venue Rental Services. Its primary akta.pro industry code is HSACADAI, Corporate Event Rentals (Furniture, Staging, Tents). Its NAICS code is 53231 and its SIC code is 7340.