The healthcare industry is currently undergoing a race of sorts, a race towards unlocking the potential of healthcare data. Tempus, the data analytical platform co-founded by Eric Lefkofsky, has joined the race in the fight against cancer. Tempus analyzes historical healthcare data from electronic heath records, electronic prescription data, and molecular data from patients, to identify information that can be used to fight cancer in a different way. Technology has enabled healthcare professional to deliver healthcare solutions in a more personalized way. By implementing analytical algorithms to healthcare data, Tempus can create healthcare plans designed to fit the needs of each patient, specific for them.
New Enterprise Associates, Revolution Growth, Kinship Trust Co. and T. Rowe Price Associates are the latest investors, invested $80 million to Tempus. Eric Lefkofsky says the investment are pouring in because of the potential data analytics has on adding value to the lives of cancer patients, and healthcare generally. Tempus has received $210 million in investments since 2015. Tempus is now worth $1.1 billion, making it officially a “unicorn” startup company. Tempus reinvests the funding into human resources, currently employing nearly 400 employees, averaging 30 new workers each month.
Eric graduated from the University of Michigan, and has a Juris Doctor from the University of Michigan Law School. A true serial entrepreneur, Mr. Lefkofsky is also co-founder of groupon the electronic commerce company. Eric Lefkofsky also co-founded on the leading providers of integrated media procurement technology, MediaOcean. Eric is also co-founder of InnerWorking, and Echo Global Logistic. Eric Lefkofsky is also co-founder of UpTake Technologies, another data analytical platform. UpTake is used by companies to analyze data to find ways of improving efficiency and productivity.
The Lefkofsky Family Foundation is a private charitable organization, founded in 2006 by Eric and his wife Liz Lefkofsky. The Lefkofsky Family Foundation was founded to enhance the lives of people in the communities of underserved or neglected areas, delivering opportunities to education, human right protection and expanding cultural initiatives.
Learn More: www.tempus.com/about-us/