Eric Lefkofsky’s Tempus Receives $80 Million for Its Cancer Fight

Eric Lefkofsky’s name may be familiar to Groupon users as a co-founder of that business, but it’s another one of his ventures that’s been making headlines recently. Tempus, which is headed up by Eric, is known for using tech to personalize care for patients with cancer. The software developed by Tempus makes the treatment of cancer more efficient, which helps improve the effectiveness of care. Now, they have a new pool of donations upon which to improve their services.

Tempus Reports an $80 Million Boost

Mr. Lefkofsky’s cancer-fighting company must be doing something right, because it has attracted a pool of interested investors. Adding contributions to those made by existing investors, Tempus has received a total of $80 million in funding. This is in addition to the $210 million Tempus has received in funding, since its 2015 founding.

What makes this donation so exciting is that it puts the total value of Tempus close to $1.1 billion. Companies worth over $1 billion are said to have obtained “unicorn” status, because it’s an especially difficult milestone to reach. In fact, Chicago, where Tempus is based, can only lay claim to a very small handful of unicorn start-ups.

Tempus may be worth every penny of those donations, if their continued growth is any indication. While they currently have 400 employees, the size of the company expands regularly. They generally add 30 new employees each month. Mr. Lefkofsky credits the company’s strong ties to the healthcare industry for its success. He says its their ongoing relationship with hospitals, doctors, pharmaceutical companies, and insurers that helps them stay ahead of the competition.

About Eric Lefkofsky

Mr. Lefkofsky is an entrepreneur with many successful businesses to his name. In addition to co-founding Tempus and Groupon, Eric was also involved in launching Uptake Technologies, MediaOcean, Echo Global Logistics, and InnerWorkings. Eric’s talent for identifying the most promising healthcare -related tech start-ups has helped him get in on the ground floor of some of the most innovative advances.

Mr. Lefkofsky is also passionate about giving back to his community. In 2006, Eric and wife Liz launched the Lefkofsky Family Foundation to help those less fortunate in their community. Additionally, he’s a board member for several organizations, including the Lurie Children’s Hospital of Chicago, The Art Institute of Chicago, and The Museum of Science.

His Facebook Page: https://www.facebook.com/eplefkofsky/