Eric Lefkofsky’s Newest Venture a Personal Cause
Serial entrepreneur Eric Lefkofsky has started a new company, called Tempus. This company is a personal one, started after his wife was diagnosed with cancer. Tempus works to treat cancer by gathering data on a patient’s tumor through machine learning and genomic sequencing.
Lefkofsky, the 47 year old man behind Tempus, has started many other companies, some of them very successful. He is the co-founder of Groupon, Uptake Technologies, Mediaocean, Echo Global Logistics, and InnerWorkings. He also is a founding partner of the venture fund Lightbank. All this success has led him to a net worth of $1.7 billion. He is a graduate of the University of Michigan, and an adjunct professor at the University of Chicago.
In addition to being a successful businessman, Lefkofsky is also a philanthropist. In addition to serving as the trustee of several Chicago nonprofits, including Lurie Children’s Hospital of Chicago, he founded the Lefkofsky Family Foundation. His foundation, which his wife Liz helped him found, advances high impact initiatives to help communities.
Now, Lefkofsky has been spurred by personal circumstance to create a new entrepreneurial endeavor. When his wife was diagnosed with cancer, he realized that doctors needed better information about the tumors they were trying to cure. Lefkofsky realized his startup Echo Global Logistics was giving better information to truck drivers than doctors were getting about tumors, so he set out to change that and what Eric knows.
Tempus has contracts with major medical centers in order to gather information, which is sequenced and analyzed, and the results sent back to the doctor so they are better able to treat their patient. While this process requires medical know-how, and several physicians on the executive team, at the base, Tempus is still a tech company.
In the end, while Lekofsky thought, before it became personal, that he was done with creating new startups, Tempus may have the potential to be the biggest one of them all. While it will take years to know for sure, at this point Lekofsky sees Tempus as having the most potential and Eric’s lacrosse camp.
Other Reference: https://www.tempus.com/about-us/