Eric Lefkofsky, cofounder of Tempus, has proudly announced the healthcare data analytical is officially a unicorn startup company. Tempus now joins other notable unicorn startups, including Airbnb, Pinterest, Groupon (another company he cofounded), GoPro, and WhatsApp. The Chicago based data tech healthcare company, has been the recipient of very large investments since 2015.
Kinship Trust Co., T. Rowe Price Associates, New Enterprise Associates and Revolutionary Growth are among the top investors for the health information technology company. Eric Lefkofsky accounts the success in fund raising is in large part because we are entering an exciting and new era in healthcare. This is the first time in the modern medical field we have access to large healthcare data sets, but we also have the technological tools to make use of this data.
Tempus a healthcare technology company, which uses artificial intelligence and machine learning to identify links between past successful treatments and current cancer diagnoses. There has been a major shift in the healthcare industry over the last ten years. Most healthcare professionals utilize some kind of data collecting, or logging tool in the form of an electronic health record system. These electronic tools has been collecting valuable data over time, and this data is used by Tempus to identify possible overlooked treatments for cancer. Based on patient’s current healthcare state, Tempus can use the real time data collected, and correlate it with the historical data sets. Healthcare information technology has shifted from a high quantity based system to higher quality systems, or treatments, and Tempus is on the cutting edge of this changes. During the Series Round C, Tempus received $ 70 million, which was the 3rd largest investment in 2018. Eric Lefkofsky’s Uptake Technology, another data analytical company came in 2nd place receiving $ 90 million in investments.
Eric Lefkofsky has cofounded MediaOcean, Echo Global Logistics, InnerWorking and Groupon. The Chicago native has played an important role in the charity community in Chicago. In 2006 Eric and his wife Liz Lefkofsky founded the Leftkofsky Family Foundation, which is private charity that serves the community through education, human rights, medical research and the arts.
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