Eric Lefkofsky believes in the power of data and how it can change the world of medicine and science. Because of this, he co-founded Company Tempus, which is a company that specializes in technology-enabled precision medicine solutions. With Tempus, Lefkofsky’s initiative is to provide the company with tools and technology that will help in improving the field of precision medicine. With the help of the firm’s experts in both medical and business, Lefkofsky and Tempus aim to move technology and medicine forward.
Tempus serves as the home for the biggest database of clinical and molecular data which is operated by a special operating system for customized management access to information. These molecular and clinical data are only applicable to professional physicians, researchers, and the owner of the data. Tempus was co-founded by Eric Lefkofsky along with Brad Keywell, with the company being made official in 2015. Currently based in Chicago, the company was able to attract financing up to the amount of $130 million after New Enterprise Associates invested a Series C funding amounting $70 million.
To further show the world how data sequencing can help in the future of medicine, he explained the importance of it during his interview with Fortune. Data Sequencing is the process of managing data from patients, their treatments, and their reaction to the treatments, existing or not. These data will be available in the future for reference if a similar case is to appear in the future. This way, it would be easier and safer for physicians to make decisions based on data stored. Tempus is supported by big tech groups and receives help in developing an AI which is used for retrieval of data.
Tempus is not only the business venture that Eric Lefkofsky does. As an entrepreneur, he is known for working with InnerWorkings, a print procurement services provider in which he co-founded in 2011. He also co-founded Echo Global Logistics in which New Enterprise Associates provided him with financing support.
As one of his philanthropic efforts, Eric Lefkofsky and his wife created the Lefkofsky foundation, which helps in 50 organizations focusing on helping children. Lefkofsky is also a teacher of Applied Technology at DePaul University Kellstadt Graduate School of Business.
To Read More Click Here