Foley & Lardner LLP and Catapult Chicago, a collaborative technology start-up community, have announced the renewal of Catapult’s office space lease. This allows Catapult to continue occupying more than 10,000 square feet of space on the 25th floor at 321 N. Clark St.
“We are thrilled to continue operating in this space in a world-class location,” said Ryan Leavitt, co-founder of Catapult. “Our Class A high-rise office houses some of Chicago’s most ambitious and creative tech start-ups. We look forward to continuing to be the place where some of the most advanced companies come to grow their endeavors.”
“Catapult’s lease renewal is another sign of the burgeoning tech scene in Chicago as well as the success of Catapult’s unique peer-selection business model,” said Christopher Cain, a partner at Foley and co-founder of Catapult. “The office remains an ideal spot for the co-working space, as it provides an intimate and resource-rich atmosphere to encourage peer collaboration and access big business in a professional environment – two important criteria for explosive growth.”
Catapult’s current resident companies range from a personalized e-commerce site for apparel led by MIT graduates to an online professional network for the service industry led by a former venture capitalist. Companies include: BidMed, BucketFeet, Buzz Referrals, MentorMob, Procured Health, Shiftgig, StyleSeek, Symbiosis Health, TempoDB and VLinks Media. In the past eight months, Catapult companies collectively raised more than $8 million in investment capital.