Tempus, a startup based in Chicago IL has recently achieved Unicorn status, as it is now worth $1.1 billion. New Enterprise Associates, Revolution Growth, Kinship Trust Co. and T. Rowe Price Associates, are responsible for the latest investment of $80 million. Since 2015, Tempus has received $210 million in investments. Eric Lefkofsky is the co-founder of Tempus, and attributes the momentum in funding for the startup to the current space health information technology is in. We are on the cutting edge of a healthcare revolution. As more doctors incorporate electronic health records as part of their healthcare delivery methods, including electronic prescribing, there is lots of data in various health information technology nodes. Tempus is creating a platform that applies machine learning and artificial intelligence algorithms to identify trends and correlations to help fight cancer at the molecular level. Tempus is trying to create value from healthcare data to enhance the lives of cancer patients.
Eric Lefkofsky is also co-founder of Uptake, another data analytical tool, that allows data from various sources to be analyzed to identify concrete actionable solutions. Mediaocean, Echo Global Logistics, and InnerWorking are all leaders in their respective industries utilize Uptake as part of the quest to extract value for progress in security, transportation and health care among other sectors. Mediaocean provides integrated media resource and procurement technological tools. Echo Global Logistics, is logistic company that leverages the power technology to enhance transportation efforts. InnerWorkings provides printing solutions for businesses, including copiers, faxes, printers, and maintenance.
In 2006 the Lefkofsky Family Foundation was established. The Lefkofsky Foundation is a private not for profit organization with a mission to enhance the lives of individuals in the communities served. The Lefkofsky Family Foundation seeks to have equal access to education, improve human rights in underserved communities, and contribute to environments that encourage innovative medical research.
For More info: www.crunchbase.com/person/eric-lefkofsky