Eric Lefkofsky’s Use of Innovative Technology to Achieve Breakthrough in Medicine

Background
Eric Paul Lefkofsky is an American entrepreneur. He was born in Southfield Michigan in 1959. His father was a structural engineer and his mother a school teacher. Eric Paul Lefkofsky spent his early childhood in Southfield Michigan, where he attended Lathrup High school. In 1991 he proceeded to the University of Michigan where he graduated with honors. He also advanced his education at the University of Michigan Law School.

Enterprising ventures

Over the years, Lefkofsky has undertaken many entrepreneurial ventures. Some of the ventures failed to succeed, while others become very profitable. In 2001, Lefkofsky co-founded a company called InnerWorkings that specialized in providing print procurement services for small and medium-sized businesses. The company performed well in the US Stock market. Lefkofsky remained on the board of directors of InnerWorkings until 2012.

In 2005, Lefkofsky with Keywell co-founded Echo Global Logistics, a company that dealt with freight logistics. Echo Global Logistics was successful as it attracted funding from major technology investors. The company managed to go public on NASDAQ and is being traded successfully. In 2006, Lefkofsky co-founded MediaBank, a company that specializes in media-purchasing technology. The company experienced exponential growth over the years. In 2012, Donavan Systems partnered with MediaBank to form Media Ocean.

In 2007, Lefkofsky provided initial funding and also cofounded an online company named ThePoint.com. The company attracted major investors in its early stages; it later changed its name to Groupon.com. The company became hugely successful, and experts consider it one of the fastest growing companies. In 2015, Lefkofsky stepped down as the CEO of Groupon.com but remained its Chairman.

Tempus
Lefkofsky’s most recent and remarkable venture is Tempus. Tempus is a technology-based company that uses innovative techniques to provide personalized treatment and care for cancer patients. Tempus has created a system that assists physicians in hospitals to analyze massive amounts of data to make efficient and real-time decisions regarding the patient’s treatment. Lefkofsky is the CEO and co-founder of Tempus, his resume.

Philanthropy
Lefkofsky and his wife Elizabeth established a Foundation named Lefkofsky Foundation, in 2006. The objective of the Foundation is to empower, promote and support educational, scientific, and charitable ventures around the world. Additionally, both Lefkofsky and his wife are members of The Giving Pledge.