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Founded Year

2010

Stage

Series B | Alive

Total Raised

$3.12M

Last Raised

$2M | 10 yrs ago

Revenue

$0000 

About ADstruc

ADstruc operates as a buying platform for the outdoor advertising industry, including both traditional and digital Out-of-Home media. Its cloud-based solution allows outdoor advertising operators to easily manage and promote their inventory online and interact with clients in real-time. The company was founded in 2010 and is based in New York, New York.

Headquarters Location

247 Centre Street

New York, New York, 10013,

United States

646-692-4966

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Expert Collections containing ADstruc

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ADstruc is included in 1 Expert Collection, including Ad Tech.

A

Ad Tech

3,753 items

Companies offering tech-enabled marketing and advertising services.

ADstruc Patents

ADstruc has filed 4 patents.

The 3 most popular patent topics include:

  • geolocation
  • wireless locating
  • tracking
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/29/2014

Promotion and marketing communications, Advertising, Internet advertising methods, Advertising techniques, Wireless networking

Application

Application Date

9/29/2014

Grant Date

Title

Related Topics

Promotion and marketing communications, Advertising, Internet advertising methods, Advertising techniques, Wireless networking

Status

Application

Latest ADstruc News

Interpublic Invests in Tech Platform ADstruc

Mar 18, 2014

* Reuters is not responsible for the content in this press release. Relationship Initiated Through the IPG Media Lab; IPG Unit Rapport to Reinvent Out-of-Home Process Using ADstruc's Planning and Buying Tool  New York, NY  (March, 10th, 2014) - Interpublic Group (NYSE: IPG) announced today that the company has made a strategic investment in tech platform ADstruc, which specializes in automating the process of planning and buying outdoor advertising. The holding company's IPG Media Lab initiated the relationship with ADstruc and has overseen its deployment to IPG's global Out-of-Home (OOH) specialist agency, Rapport. Terms of the minority investment by IPG in the venture-backed ADstruc were not disclosed. ADstruc is a unique platform that consolidates OOH inventory for major outdoor providers and independent owners and creates a comprehensive online workflow for OOH media. The partnership is expected to modernize and simplify the OOH planning and buying process for IPG agencies and their clients. Outdoor advertising includes media such as billboards, transit and street furniture, as well as place-based networks. Interpublic advertising forecasting unit MAGNA GLOBAL estimates that the OOH market in the U.S. will grow by 4.8% and total $7.3 billion in 2014. Michael Roth, Chairman and CEO of Interpublic, commented, "Outdoor advertising's transition to a more digital channel has made it one of the fastest growing media disciplines and has put Rapport Worldwide at the forefront of how agencies and clients can deliver innovative messaging on the channel. Working with ADstruc, we expect Rapport's leadership position in the industry to continue and strengthen. " Roth continued, "The IPG Media Lab is unique in its ability to identify key partners that can jumpstart greater efficiency and accountability in the ad industry. They know all sides of the business and have a successful track record when it comes to honing in on companies that can move the needle for our clients' businesses. This strategic partnership with ADstruc will be equally effective. " Chad Stoller, Managing Partner, IPG Media Lab commented, "ADstruc has managed to do what no player in the ad space has done before. It has obtained the buy-in of all the major operators as well as hundreds of smaller regional owners of outdoor, in order to seamlessly consolidate, track and buy outdoor media. " In addition to the IPG investment, Rapport U.S. has entered into a strategic agreement with ADstruc. The agreement includes the implementation of a new model that will shift the purchase of Rapport's OOH buys to a more automated system, in keeping with IPG Mediabrands' commitment to automate half of its media buys by 2016. Mike Cooper, President of Rapport U.S., stated, "Outdoor advertising can be an efficient and accurate channel for clients. However, buying and planning OOH can also be a cumbersome, disjointed process. This deal streamlines the process and puts Rapport where we need to be. It frees up our account teams to think and plan more creatively, focusing on service and results for our clients. " The ADstruc platform connects each component of Rapport's planning and buying through its third-party integrations, including Mediaocean and Telmar. It will enable Rapport's OOH planners to quickly and easily plan and buy OOH audiences in line with other media, making their campaigns more measurable and accountable. John Laramie, the CEO and Founder of ADstruc added, "This long-term commitment from one of the industry's most important players in advertising is a big step for the OOH industry. It sets the standard for how OOH media will be planned and bought going forward, and brings efficiencies to both sides of the market. We are excited to work with IPG and Rapport and look forward to a long-term successful partnership. " # # # About Interpublic Interpublic is one of the world's leading organizations of advertising agencies and marketing services companies. Major global brands include BPN, Draftfcb, FutureBrand, GolinHarris International, Huge, Initiative, Jack Morton Worldwide, Lowe and Partners, MAGNA GLOBAL, McCann, Momentum, MRM, Octagon, R/GA, UM and Weber Shandwick. Leading domestic brands include Campbell Mithun, Carmichael Lynch, Deutsch, Gotham Inc., Hill Holliday, ID Media, Lowe Campbell Ewald, Mullen and The Martin Agency. For more information, please visit www.interpublic.com. About IPG Mediabrands We were founded by Interpublic Group (NYSE: IPG) in 2007 to manage all of its global media related assets. Today that means we manage and invest $37 billion in global media on the behalf of our clients, employ over 8,500 diverse and daring marketing communication specialists worldwide and operate our company businesses in more than 130 countries. A proven entity in helping clients maximize business results through integrated, intelligence-driven marketing strategies, IPG Mediabrands is committed to driving automated buying, pay-for-performance and digital innovation solutions through its network of media agencies including UM, Initiative, BPN, Orion Holdings, and ID Media. Its roster of specialty service agencies including MAGNA GLOBAL, Mediabrands Audience Platform, Mediabrands Publishing, IPG Media Lab, Ensemble, and Identity offer technologies and industry moving partnerships that are recognized for delivering unprecedented bottom line results for clients. About IPG Media Lab The IPG Media Lab is equal parts think tank, real-world proving ground, and change enabler. We provide agencies and media operators with the power to harness emerging communication opportunities by offering expertise, resources and consulting services tailored to drive quantifiable outcomes, learnings and strategies. The IPG Media Lab is part of IPG Mediabrands, the media innovation and investment arm of IPG. For more information, please visit www.ipglab.com or follow @ipglab. About Rapport Worldwide Rapport (www.rapportww.com) is a global Out-of- Home (OOH) media planning and buying agency with a mission to build connections between brands and their consumers. With offices in the U.K., the U.S. and India, "rewarding connections" is at the heart of everything it does. It complements the offerings of both UM and Initiative. The company is part of Orion Holdings, a unit of IPG Mediabrands, and is wholly owned by Interpublic (NYSE:IPG). About ADstruc ADstruc is the leading buying platform for the outdoor advertising industry, including both traditional and digital Out-of-Home media. With an emphasis on data-driven planning, ADstruc's platform helps agencies, national brands, and local businesses discover and efficiently purchase Out-of-Home media across hundreds of operators. Our cloud-based solution also allows outdoor advertising operators to easily manage and promote their inventory online and interact with clients in real-time.

ADstruc Frequently Asked Questions (FAQ)

  • When was ADstruc founded?

    ADstruc was founded in 2010.

  • Where is ADstruc's headquarters?

    ADstruc's headquarters is located at 247 Centre Street, New York.

  • What is ADstruc's latest funding round?

    ADstruc's latest funding round is Series B.

  • How much did ADstruc raise?

    ADstruc raised a total of $3.12M.

  • Who are the investors of ADstruc?

    Investors of ADstruc include Interpublic Group, BoxGroup, RRE Ventures, Social Leverage, Founder Collective and 6 more.

  • Who are ADstruc's competitors?

    Competitors of ADstruc include AllOver Media and 5 more.

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