Eric Lefkofsky and his company, Tempus, just received funding from both new and existing investors. The sum of this investment was $80 million which will substantially help the company. The company has also had other investments in recent years totaling $210 million. By getting this investment, the company now has “unicorn” status, a status that does not happen often with businesses. Unicorn status means that the company now has a valuation of $1 billion dollars. The contributors to this funding include Kinship Trust Co., New Enterprise Association, T. Rowe Price Associates and Revolution Growth.
What Is Tempus?
Tempus is a company that helps to aid in cancer care. The company uses data to improve cancer treatment efficiency and to help personalize cancer care. The company is based in Chicago and was founded in 2015.
Tempus employs over 400 people and is constantly adding jobs each month. Growth projection is expected and is currently ongoing. Tempus hires around thirty people per month. Funding will help the company to hire even more people, ensuring even more growth.
Clinical data helps Tempus to see the trends in the treatment of cancer. They also use molecular dated which is collected by patients who are currently going through cancer treatment. Data collection is relatively simple and can come in the form of doctor’s notes and more. This data is then stored and searched to see how treatment options can be enhanced.
Tempus has a strong relationship with all those affiliated in the healthcare world. This includes both pharmaceutical companies as well as doctors. The company strives to help treat patients more effectively.
Who Is Eric Lefkofsky?
Eric Lefkofsky is a well-known businessman in the United States. He is the CEO and co-founder of both Groupon and Tempus. He is also CEO and co-founder of several other businesses.
Lefkofsky is from Southfield, Michigan where he went to school at Southfield-Lathrup High School. He then went on to the University of Michigan. When he graduated with honors in 1991, he went to the University of Michigan Law School. He received his Juris Doctor in 1993.