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ADstruc

Techstars '10

New York City, US · Founded 2010 · 1 employees on LinkedIn · 9 known investors

Find your way into ADstruc

87 people in our graph share verified history with the ADstruc team — schools, employers, funds. One of them is your warm intro.

Jeremy Philipsunlockedknows John Laramie · together at Columbia Business School (overlapped)
×6knows the team · via Techstars
knows the team · via Loyola University Maryland
×4knows the team · via Columbia Business School

ADstruc operates an online marketplace for buying and selling outdoor advertising inventory.

Also known as ADstruc, Inc.

Founders & leadership

ADstruc was founded in 2010 by John Laramie and Josh Warrum.

JLJohn Laramie
John LaramieinFounder and CEO2009–2023John Laramie built ADstruc, an automated platform for buying and selling outdoor advertising inventory, which grew to process billions of dollars in annual campaigns and was acquired by private equity in 2019; he previously founded a consulting agency that advised on brand development for entertainment venues.
JW
Josh WarrumCo-founder

Investors · 9

Also in the syndicate · 5

David CohenDavid TischDFJ GothamleadJeff ClavierKal Vepuri

Reported raises · per SEC filings

Form D private placements

$2M disclosed across 1 of 2 rounds · 2010–2014

$2MraisedMar 2014 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • John LaramieExecutive Officer, Director
  • Josh WarrumExecutive Officer, Director
Offering amount
$2M
Amount sold
$2M
First sale
Feb 2014
Incorporated
Corporation, Delaware, 2010
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

ADstruc is a New York-based company that built an online marketplace for outdoor advertising. Its platform uses auction- and listing-based mechanics to let media buyers find and procure out-of-home ad inventory such as billboards, with the stated goal of making billboard buying comparable in ease to purchasing search keywords.

The product was aimed both at streamlining procurement for existing outdoor buyers and at expanding the pool of advertisers and campaigns using the medium. At the time of its 2010 Series A the company was working with advertising agencies and outdoor advertising businesses including Torrey Group, Circle Graphics and Dentsu, and had not yet sold inventory through the platform. A client-facing dashboard is hosted at clients.adstruc.com, with support contact directed to a PJX Media email address and phone number.

Founding story

Founder and CEO John F. Laramie, a two-time entrepreneur who previously owned his own agency, developed the auction and listing platform while participating in the TechStars program in Boulder, Colorado, then relocated and incorporated the business in New York in 2010. He described the TechStars experience as instrumental in setting the company's direction and in enabling its $1.1M venture raise. Laramie graduated from Loyola University of Maryland with a BA in Business Administration with a marketing concentration, and worked with co-founders including Sam (lead developer), Josh and Chris.

Business model

Marketplace intermediating between outdoor advertising inventory owners and media buyers, with auction and listing functionality for procuring billboard and out-of-home placements.

Traction

As of the September 2010 Series A announcement, the company had established working relationships with agencies and outdoor advertising firms but had not yet sold inventory through the marketplace. It was growing and hiring in early 2011.

Latest developments

A client dashboard remains hosted at clients.adstruc.com, which routes support requests to a PJX Media email address and telephone number.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned as an online marketplace intended to modernize procurement in the outdoor advertising sector, a medium the company reported drew about $6 billion in US media spending in 2009.

Technology

An auction- and listing-based web platform for searching, buying and selling outdoor advertising inventory, plus a browser-based client dashboard.

Go-to-market

Advertising agencies, outdoor advertising and printing companies, and brand advertisers. At launch the company cited existing relationships with Torrey Group, Circle Graphics and Dentsu, and identified movie production houses and large brands such as Verizon, Disney and Coca-Cola as prospective buyers.

Geography

Headquartered in New York, NY, with early product development conducted in Boulder, Colorado through TechStars.

History

The company came out of the TechStars Colorado program and relocated and incorporated in New York in 2010. In September 2010 it announced a $1.1 million Series A round led by DFJ Gotham. Around that time it presented at the New York Tech Meetup and was hiring, and its founder was featured in a New York tech community profile in January 2011 and in Silicon Alley's 2010 Top 100 People in NYC Tech.

Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 20261
Inventory sold as of Series A announcementSep 2010None; the company had not yet sold inventory
US outdoor advertising media spending (market size, per company reports)Jan 2009$6B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through ADstruc went on to found or lead other companies.

Competitors · 2

by search overlap

Companies competing with ADstruc for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Sep 2010
ADstruc closes $1.1 million Series A led by DFJ Gotham

The New York-based outdoor advertising marketplace closed a $1.1 million Series A investment led by DFJ Gotham, with participation from RRE, Founder Collective, Jeff Clavier, David Cohen, Kal Vepuri, David Tisch and Social Leverage (Howard Lindzon).

$1.1M source ↗

Sep 2010
Working with Torrey Group, Circle Graphics and Dentsu

At the time of the Series A the company was working with ad agencies and outdoor advertising businesses including Torrey Group, Circle Graphics and Dentsu.

source ↗

Jan 2010
Relocated and incorporated in New York

After the TechStars Colorado program, the company relocated and incorporated in New York.

source ↗

Jan 2010
Completed TechStars program in Boulder, Colorado

Founder John Laramie developed the auction- and listing-based platform through the TechStars program in Colorado; the company then relocated and incorporated in New York. Laramie said the program helped the company raise $1.1M in venture capital.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 4

primary sources listed

4 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does ADstruc do?
ADstruc operates an online marketplace for buying and selling outdoor advertising inventory.
Who founded ADstruc?
ADstruc was founded by John Laramie, Josh Warrum in 2010.
Who are ADstruc's investors?
ADstruc's investors include BoxGroup, Techstars, Founder Collective, Social Leverage.
How much funding has ADstruc raised?
ADstruc has disclosed $2M raised across 1 of its 2 known rounds.
Where is ADstruc headquartered?
ADstruc is headquartered in New York City, US.