Eric Lefkofsky believes in the power of collaboration and his belief in collaboration guides the success of Tempus Lab. Founded in 2015, Tempus Labs is a business startup that developed an operating system with the end goal of battling cancer. Tempus Labs is a collaborative venture involving healthcare professionals, scientists, technologists, etc. to affect positively the lives of patients living with cancer. Lefkofsky believes it is only through collaboration that we can aggressively champion for cancer patients through democratizing information. He believes many researchers work in silos and rather than share information, information is hoarded and not used to benefit humankind. Tempus Labs is leading the way in democratizing information and the access to information.
The collaboration between scientists, researchers, and physicians at Tempus Labs has led to its success. As a team effort, Tempus Labs developed an operating system that personalizes patient care through an “interactive analytical and machine learning platform.” Through genomic sequencing, Tempus Labs is revolutionizing cancer care. In a published article, Lefkofsky stated a true revolution in medicine is possible through the integration of millions of molecular profiles and clinical data.
The cutting-edge work of Tempus Labs has not gone unnoticed. In a recent Chicago Tribune article, it was reported that Eric Lefkofsky and Tempus Labs recently received an $80 million investment. Since 2015, Tempus Labs has received more than $210 million in investment dollars, increasing its valuation to $1.1 billion. Crossing that $1 billion threshold earned Tempus Labs the enviable title of “unicorn,” a term reserved for startups that pass the $1 billion mark in total valuation.
Eric Lefkofsky’s entrepreneurial spirit has not been limited to Tempus Labs. In addition to Tempus Labs, Eric Lefkofsky is the founder and partner of Lightbank, “a venture fund investing in disruptive technologies.” He is also co-founder and chair of Groupon and co-founder of Uptake Technologies, “a leading predictive analytics platform for the world’s largest industries.”
Eric along with his wife Liz, give back to the community through their Lefkofsky Family Foundation, extending his goal to enhance life through philanthropy.
For details: www.lightbank.com/team/eric-lefkofsky