Eric Lefkofsky, co-founder of Groupon, MediaOcean, Echo Global Logistics, and InnerWorking has announced the other company he co-founded, Tempus has received another $ 80 million investment. New Enterprise Associates, Revolution Growth, Kingship Trust Co and T.Rowe Price Associates are the latest investors to provide funding according to Mr. Lefkofsky. Tempus has received $ 210 million, since 2015, and including the latest investment of $ 80 million brings the value of Tempus to $ 1.1 billion. Breaking the $ 1 billion mark, makes Tempus one of the few startups to successfully make the short list of Unicorn. Any startup that is worth $ 1 billion of higher is considered a Unicorn startup company. Eric Lefkofsky says the funding is used to hire talented new employees. Tempus adds about 30 new hires each month and currently employees about 400 people. Eric Lefkofsky thinks the slew of investors rushing to invest recognize the potential data analytics has on healthcare.
The global healthcare industry is experiencing a revolution in how healthcare is delivered. Technology has enabled healthcare to be administered in ways that was impossible only a few years ago. Specifically data collection, is the key to unlocking life changing solutions in the fight against cancer. Tempus is a data analytical company, that uses machine learning and artificial intelligence algorithms to identify data trends in order to create personalized healthcare plans, based on past medical history, current health states, and data from various healthcare related devices. Tempus has the potential of fight cancer at the molecular level specifically to fit the needs of each cancer patient. We are for the first time in human history at a point where technology and healthcare are integrating in way we to truly change the way we fight diseases, specifically cancer.
Eric Lefkofsky graduated from the University of Michigan, and also has a Juris Doctor from the University of Michigan. In 2006 Liz and Eric Lefkofsky founded the Lefkofsky Family Foundation, a private charitable organization that seek to add value to the lives of people in the community. The Lefkofsky Family Foundation attempts to delivery adequate education to, stimulate medical research, ensuring basic human rights for underserved communities, focusing on women and girls.
Eric Lefkofsky’s Facebook Page: www.facebook.com/eplefkofsky/