Eric Lefkofsky was born and raised in Michigan before moving to Chicago and chasing his dream of becoming an entrepreneur. Over the better part of the past decade Lefkofsky has grown into one of the most prominent tech entrepreneurs in the entire industry. Now, Lefkofsky is getting back into the spotlight thanks to his work as the co-founder of the company Tempus. Tempus is a company that is seeking to fundamentally change the medical industry forever by changing how we approach medical research and what we do with that information. The primary focus for Tempus will come in the form of research that moves toward cancer care.
Right now the health care industry is notoriously unreliable int he way that information gets moved around. The majority of cancer research is done at a university level and that info is notoriously hard to get to for patients and doctors alike. You could walk into a cancer care center and be forced to wait a month, even with a grant, before that information makes its way to your desk. This is a big problem when cancer is such a dangerous and deadly problem. So, Lefkofsky put together a team and co-founded Tempus to create a solution to that stream of data and learn more about Eric.
Tempus works as a digital overlay for the current electronic health records that are on file. Lefkofsky’s Tempus works like an operating system that ports in hand written patient notes and aggregates it within the database. Doctors and patients can access this information with the click of a button instead of being beholden to the unreliable channels that they’d otherwise have to go to.
Lefkofsky knows first hand how damaging a cancer diagnosis can be to a family, especially when that information is so hard to get to. Eric Lefkofsky’s wife was diagnosed and that put him up close and personal with the very real problems that exist within the healthcare industry. Now, the Lefkofsky’s are becoming juggernauts in the industry as they try to bring a very real solution to a very real and deadly problem. Tempus, if picked up nationally, could become their greatest work yet and Eric’s lacrosse camp.
At age 47, Eric Lefkofsky wasn’t looking to build a new startup and take it all the way through the IPO process. One of Chicago’s most-successful startup founders, Lefkofsky has already founded InnerWorkings, Echo Global Logistics, and local marketing giant Groupon. But when his wife Elizabeth was diagnosed with breast cancer, his exposure to the healthcare system for cancer patients inspired him to create Tempus, a medical start-up with the goal of disrupting cancer treatment and outdated health technology models.
Lefkofsky is betting his own money on the self-funded startup. He told ChicagoInno that Tempus has a huge opportunity for success because it was born out of a “problem that needed a solution.” Going to medical appointments with his wife Elizabeth, Lefkofsky was stunned to realize that the technology doctors were using to determine how to treat her cancer was much inferior to technology his company Echo Global Logistics had developed to help truck drivers and learn more about Eric.
How was it possible, Lefkofsky wondered, that truck drivers had better technology than physicians who were charged with saving a cancer patient’s life?
Lefkofsky and his business partner Brad Keywell, who is CEO of predictive analytics startup Uptake, envisioned a way that genomic sequencing data and machine learning could work together to give doctors a better picture of the information they needed to make the best treatment plans for patients with cancer. After 18 months, Tempus has partnered with approximately a dozen leading organizations in cancer treatment, including the University of Chicago, Northwestern, and the Mayo Clinic. Physicians at the clinics can refer a cancer patient to Tempus. The patients will have their genomic data sequenced at Tempus’ lab. The data is then paired with clinical treatment information and historical data and returned to the referring physician, who also receives access to Tempus’ operating system and Eric’s lacrosse camp.
Tempus is “the most meaningful in every metric,” Lefkofsky told ChicagoInno editor Jim Dallke. The company has the opportunity to be bigger than any of Lefkofsky’s other startups which have successfully disrupted their sectors, like Groupon with local commerce and InnerWorkings with marketing.
Other Reference: https://www.tempus.com/about-us/