When he started Groupon, Eric Lefkofsky aimed at saving money for his customers and helping them to travel across the globe but eventually made a fortune from the company. He subsequently opened a new startup known as Tempus which is aimed at helping people better their health. The organization uses genomic sequencing to help physicians offer better treatment to cancer patients. Tempus has been organizing for series of fundraising and has been able to raise about $70 million from New Enterprise Associates and Revolution growth. The amount of money constitutes the $130 million that Tempus has raised since Eric Lefkofsky first co-founded it barely two years ago. He co-founded it together with his friend and business partner.
Speculations have it that Tempus is valued at about $700 million. For every fundraising round that has been conducted in support of Tempus and its course, Eric Lefkofsky and his co-founder have been investing as individuals. They are indeed the largest investors of the institution. In an interview conducted by Crain’s Chicago Business, Eric Lefkofsky revealed that he would invest up to a total of $100 million in the business. Tempus is not the first company that New Investors Associates and Revolution growth are funding. They have previously supported a revolutionary food chain Known as Sweetgreens, a genome organization known as 23AandMe, as well as a trading app known as Robinhood.
About three years ago, one of the close relatives of Eric Lefkofsky was diagnosed with cancer. During the treatment process, he observed that there lacked an up to date way of collecting data. It is this situation that motivated him to start up Tempus. Tempus has now made it possible to bring together large quantities of clinical data from cancer patients to help physicians offer better personalizes treatment.
Eric Lefkofsky was born in the year 1969 to a structural engineer. He attended the University of Michigan. Later, he earned his Juris Doctor from University of Michigan School of law. At one time, Mr. Lefkofsky was selling carpets at the University of Michigan. Even after starting up Tempus, he remained the chief executive of Groupon.