Posts in Category: Business Minds

Tempus Raised Another 110 Million Dollars from Existing and New Investors

Tempus is a Chicago-based company that was founded in 2012. It helps physicians in making more informed, educated, personalized, and optimized cancer therapy decisions. The company has already earned a place among the top ten health techs in the city. Recently, Eric Lefkofsky, the co-founder of Tempus, announced that it raised another 110 million dollars from existing and new investors. The company also raised 80 million in March this year. Tempus collects and analyzes data for physicians to use in the treatment of cancer. The company built a platform for collecting, structuring, and analyzing clinical data, like information from charts that’s usually not organized in electronic medical record systems.

The company is also generating genomic data by sequencing the DNA of patients plus other information in its laboratory. According to the company, physicians using Tempus’ technology will gain insights into how they can better treat their cancer patients. Tempus is typically using clinical data to discover trends in cancer treatment overall as well as collect molecular data from those undergoing treatment. Lefkofsky said that in some cases, the data collection process can be just digitizing the handwritten patient notes from the doctor so that they’re searchable, and they can be stored for the purpose of expanding on treatment options.

This rift between the patient data that’s collected and the use of the information on creating effective treatment is due to the fact that not all data of patients are accessible. Tempus partners with over 50 National Cancer Institute (NCI)-designated cancer centers. Eric Lefkofsky stated that Tempus’ technology is being used by physicians in the treatment of one in four cancer patients in the United States. Investors in this latest round include Baillie Gifford, an investment management firm based in the united kingdom and Revolution Growth, a venture capital firm based in Washington, D.C.

Marc Sparks Followed A Different Path To Success

Marc Sparks is best described as a man with a thirst for life and everything it offers. He has had a hand in startups that were successful beyond imagination and others that failed on a grand level. What he perceived as important was the knowledge he acquired when he failed and therefore he has been successful in the world of entrepreneurship for 34 years. He decided to share his hard-won knowledge with the world and wrote a book. He has spoken of the pain he felt as he wrote about his failures but believes the errors he has made will help others to avoid many of the pitfalls entrepreneurs encounter every day. He simply does not want to see anyone lose hope and forfeit their dreams.

Every time Marc Sparks builds a new company he comes alive with passion. He does not believe in the word can’t and feels ideas are meant to be acted on. He has established successful businesses like Timber Creek Capital, maintained a highly successful portfolio, created business models, developed company cultures, and strategized growth plans. He leads by setting an admirable example and always makes time to speak with his employees. He admits to having no patience and when he wants something he does not like to wait. Hard work is no problems once he has set his course.

Marc Sparks is unusual in many ways but especially in the way he regards loss. Provided he has a place to live, his family, and can pay his bills he is not afraid to lose. This has given him a distinct advantage in the world of business. He obviously prefers to win but sees true riches as good health, his family, his friends, and the ability to build businesses. He often jokes about receiving a special valve from God that allows him to turn off the fear factor. He also acknowledges his childhood was a factor because his family was poor and he did not have much in the way of monetary possessions to lose. He simply thought about the possibilities in the future and used his excitement and passions to pave his journey.

Marc Sparks is more than an entrepreneur who has found success. He is an amazing man who believes in the values of honesty and respect. He uses his success to help other people and has a genuine interest in their individual outcomes. Learn more: https://www.facebook.com/marc.sparks1