It only took Tempus just a year to secure funding to the tune of $70 million. The Chicago-based tech startup is in the states’ top ten fastest growing software companies list. Unbelievably, Tempus has achieved all that success with just 200 core employees. The tech startup specializes in inventing intuitive, accessible, and affordable cancer diagnostic tools and techniques.
By making it to the top ten best startup list, Tempus joined an exclusive club dominated by Chicago tech firms like Avant, SMS Assist, Outcome Health, Raise, SpringCM, IRI, and Analyte Health.
Cancer happens to be a very personal topic for Eric Lefkofsky. He’s personally endured the pain and horror of having a loved one suffered from breast cancer. Oncologists have worked tireless hours and millions of dollars in research money have been poured into the quest for improved and advanced cancer treatments. But, the situation still looks grim for cancer patients.
Eric Lefkofsky CEO of Tempus is convinced that part of the problem in cancer, and indeed, the medical world is that there’s isn’t nearly as enough tech support. On 2017, oncologists are still relying on their doctor’s notes to handle patients. Eric Lefkofsky’s proficient team solved that gaping hole by developing a robust data management software. A system capable of collecting enormous amounts of clinical and molecular data before presenting it to the physician in simpler terms.
Tempus in Ten Years
The software is now being used nationwide by physicians and researchers to collect and analyze genome data sequences among cancer patients. The software has been assimilated into the systems of leading medical institutions, namely, the Cleveland Clinic, Northwestern, Duke University School of Medicine, and by the Mayo Clinic.
It’s highly likely that in ten years, every oncologist will be using Tempus systems in their day-to-day works, according to Michael Liang, a prominent venture fund manager in Chicago.
Eric’s Charity Involvement
Eric Lefkofsky and his wife, Liz have a charitable organization called the Lefkofsky Family Foundation. The fund was founded in 2006 with the goals of promoting human rights affairs, education, arts and culture, and medicine in the communities Eric’s companies operate. The high-profile Chicago couple is associated with The Giving Pledge, another leading charity organization. Eric’s the Chairman of the Steppenwolf Theatre Company and, a trustee at the Lurie Children’s Hospital both in Chicago. As of February 2017, Eric’s net worth was placed at $1.9B, by Forbes Magazine.