Eric Lefkofsky is the co-founder and chair of Tempus Labs whose goal is to increase treatment options for patients living with cancer. Consequently, Tempus Labs liaises with healthcare professionals, scientists, and researchers to ensure data that can improve the effectiveness of patient care and treatment is readily available for use by physicians and clinicians. Having access to a searchable database empowers physicians and assists them in the analysis of molecular and clinical information so cancer treatment can be individualized on a patient-by-patient basis. In one of his published articles, Lefkofsky stated, “Healthcare, as an industry, is ripe for technological disruption. The potential for positive impact, particularly in the area of cancer care, is both enormous and imminent.” Tempus Labs is “disrupting” healthcare by revolutionizing cancer care through genomic sequencing.
As a leader in biotechnology, Tempus Labs is a successful startup. Established in 2015, Tempus Labs has received more than $200 million in funding from contributors like New Enterprise Associates, Revolution Growth, Kinship Trust Company, and T. Rowe Price Associates, a fund adviser. A recent infusion in investment dollars boosted the valuation of Tempus Labs to $1.1 billion. With this milestone, Tempus Labs earned the title “unicorn,” a term that defines a startup with a valuation of more than $1 billion. This accomplishment is rare since the majority of startups fail within 4-5 years.
Along with his wife, Liz, Eric has extended his community support and outreach through the Lefkofsky Family Foundation (LFF), a charitable foundation dedicated to philanthropy. The goal of LFF mirrors the purpose of Tempus Labs, namely, “enhancing the quality of human life” which it does particularly in education, human rights, medicine, arts, and culture. In the area of education, LFF partners with the Academy of Urban School Leadership, the University of Chicago’s Urban Education Institute, the Chicago Public Schools, After School Matters, and Teach for America, to develop tomorrow’s leaders today.
Learn More: www.lightbank.com/team/eric-lefkofsky