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Investors continue pouring funding into tech startup, Eric Lefkofsky co-founder Tempus

The Chicago based, healthcare informatics company Tempus, has received yet another large investment. Eric Lefkofsky, serial entrepreneur, philanthropist, and Eric Lefkofsky co-founder of Tempus among other tech companies said they recently received $80 million from T. Rowe Price Associates, New Enterprise Associates, Kinship Trust Co., and Revolution Growth. Tempus has been the recipient of $210 million in investments since 2015. Tempus is now valued at $1.1 billion, officially donating the company “unicorn” status. Unicorn startups companies, are as their name suggests, a rarity, an almost mythical reality very few companies ever experience. The University of Michigan alum, Eric Lefkofsky said the funding received is used primarily to expand the company’s workforce. Tempus currently employees 400 people, and hires on average about 30 new hires each month.

Tempus is a healthcare analytical platform, what uses machine learning or analytical algorithms to sift through data, and identify correlations and anomalies that can potentially be beneficial in the fight against cancer. Healthcare on a global scale is currently at a unique point in history. Eric Lefkofsky said the response from investors has been very positive, and due to the fact we are at the dawn of a revolution in our ability to fight cancer.

Eric Lefkofsky is also co-founder of Uptake Technologies. Uptake Technologies is a data analytical platform that analyzes company data to improve efficiency. Mr. Eric Lefkofsky is also co-founder of MediaOcean, a procurement technology company, Echo Global Logistic, and InnerWorking.

Eric Lefkofsky and his wife Liz Lefkofsky understand and the importance of the availability of an adequate education, in order to ensure future medical professionals have the skills to continue medical research, the protection of human rights and the expansion of cultural initiatives. In 2006, Eric and Liz Lefkofsky founded the Lefkofsky Family Foundation, a private philanthropic organization to achieve those important pillars of society.

Learn More: www.lightbank.com/team/eric-lefkofsky

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