x Red Kipling x T A12 Top 22x19x11 5 Candy Handle H Crimson Bag B cm Womens SCw4qza

by Michael Hines
August 29, 2018
PHOTO VIA JJ Jetel.​​​​​​

A new member has joined Chicago tech’s unicorn club.

On Wednesday, Tempus announced it has raised a $110 million Series E, which pushes its total funding to $320 million and its valuation to over $2 billion. Participants in the round include existing investors Revolution Growth, New Enterprise Associates and T. Rowe Price, as well as one newcomer, British investment management firm Baillie Gifford.

“Our mission is to help usher in precision medicine in the United States and abroad,” said CEO and founder Eric Lefkofsky in a statement. “We couldn’t be more thrilled with our progress to date, and we’re honored to be surrounded by world-class investors, collaborators, partners and an incredibly talented team here at Tempus.”

Tempus was founded in 2015 by serial entrepreneur Lefkofsky to improve cancer patient outcomes using software and data-driven insights.

The company has partnered with the American Society of Clinical Oncologists, academic medical centers, National Cancer Institute-designated cancer research centers, hospital networks and local physicians across the country to build the world’s largest library of clinical and molecular cancer data.

We’ve begun to think about Europe, Asia and Australia, and how our model would extend there.”

 

Tempus’ machine learning platform organizes and analyzes the data to provide researchers and physicians with actionable insights. The company also offers genomic sequencing of tumors to enable physicians to provide more personalized care options.

Tempus estimates that its platform now reaches nearly one in four cancer patients across the United States.

“We hope to shortly be sequencing hundreds of thousands of patients,” Lefkofsky told Crain’s. “Clinicians are getting these tests. They’re using it as an important tool in prescribing therapeutic treatments for patients.”

With the round, Tempus will expand its operations outside of the country and build out its platform to take on other diseases.

“We’ve begun to think about Europe, Asia and Australia, and how our model would extend there,” Lefkofsky told Crain’s. “We’ll be cautious in any step we take. These tools and our lab are operating at scale, so we feel like we’re in a unique position to extend our platform into other areas.”

Even before Wednesday’s round, Tempus was one of Chicago’s fastest-growing tech companies. The company has raised $260 million in the past year alone, which includes an $80-million round announced in March.

According to Crain’s, the company has a headcount of around 500 employees and recently relocated to a larger space within the Groupon Building at 600 W. Chicago.

Jobs at Tempus 68 open jobs
All Jobs
Finance
Data + Analytics
Dev + Engineer
HR
Internships
Legal
Operations
Product
Sales
Data + Analytics
new
Tempus
Chicago
Product
new
Tempus
Chicago
x B Top Crimson 22x19x11 Candy Kipling x A12 Womens Handle cm T 5 Bag H Red Product
new
Tempus
Chicago
Operations
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Developer
new
Crimson Top T Handle B 5 x Kipling H A12 x Bag Red Womens cm Candy 22x19x11 Tempus
Chicago
Operations
new
Tempus
Chicago
Operations
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Developer
new
Tempus
Top B Handle Bag x Womens Red 22x19x11 5 A12 T x Crimson Kipling Candy H cm Chicago
Operations
new
Tempus
Chicago
Internships
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Internships
new
Tempus
Chicago
Developer
new
Tempus
Chicago
HR
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Internships
new
Tempus
Chicago
HR
new
Tempus
Chicago
Product
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Internships
new
Tempus
Chicago
Finance
new
Tempus
Chicago
Operations
new
Tempus
Chicago
Sales
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Data + Analytics
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Sales
new
Tempus
Chicago
Operations
new
Tempus
Chicago
Operations
new
Tempus
Candy Womens Red Bag A12 Top H Handle B 22x19x11 x 5 T cm x Crimson Kipling Chicago
Operations
new
Tempus
Chicago
Data + Analytics
new
22x19x11 Kipling H Candy Top x Womens Red Crimson cm T x A12 Handle 5 B Bag Tempus
Chicago
Operations
new
Tempus
Chicago
Operations
new
Tempus
Top cm Candy Handle T H 22x19x11 x Crimson Kipling Red x Womens A12 5 B Bag Chicago
Developer
new
Tempus
Chicago
Developer
new
22x19x11 cm Candy T Top H 5 Kipling Bag Womens x Crimson Red A12 Handle B x Tempus
Chicago
Finance
new
Tempus
Chicago
Operations
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Product
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Developer
new
Tempus
Chicago
Developer
new
Tempus
Chicago

Chicago startup guides

LOCAL GUIDE
Best Companies to Work for in Chicago
LOCAL GUIDE
Inside the Best Software Engineer Jobs in Chicago
LOCAL GUIDE
Tour the Coolest Offices in Chicago Tech
LOCAL GUIDE
Inside the Best Sales Jobs in Chicago
LOCAL GUIDE
Your Guide to the Best Perks at Chicago Tech Companies
LOCAL GUIDE
Your Guide to Healthtech in Chicago
LOCAL GUIDE
Inside the Best Data Science & Data Analyst Jobs in Chicago
LOCAL GUIDE
Inside the Best Marketing Jobs in Chicago