Serial Entrepreneur Eric Lefkofsky: Using His Resources To Help Others

Eric Lefkofsky is a gifted, visionary entrepreneur. He has co-founded a number of very successful businesses. They include Tempus, Groupon, Uptake, Echo Global Logistics, Mediaocean, InnerWorkings and Lightbank. A native of Southfield, Michigan, Lefkofsky is a graduate of the University of Michigan and the University of Michigan Law School. While doing undergraduate work Lefkofsky became interested in business. He began by selling carpet on campus. Soon after graduating from law school he got together with Brad Keywell, a college friend, and bought Madison, Wisconsin based Brandon Apparel in 1993.

That was just the beginning for Eric Lefkofsky. In 1999 Lefkofsky and Keywell co-founded Starbelly, an internet based company specializing in promotional products. They sold the company to Halo Industries a year later. The duo founded print procurement services company InnerWorking in 2001. In 2005 Lefkofsky and Keywell started Echo Global Logistics company, a business that handled freight logistics. The company went public the next year and did very well. The duo co-founded the media buying technology company MediaBank in 2006. MediaBank merged with Donavan Data Systems to form Mediaocean in 2012. The company was valued at $1.5 billion.

In January 2007, Lefkofsky provided $1,000,000 in funding and joined with Andrew mason to co-found ThePoint.com. The online collective action website changed its name to Groupon.com the next year. According to Forbes, Groupon became the world’s fastest growing company by 2010. That same year Lefkokfsky and Keywell co-founded yet another company. This time it was LightBank, a venture firm designed to help develop new Chicago area companies. Then in 2014 Lefkofsky co-founded the analytics company Uptake. Finally, in 2016, Lefkofsky co-founded technology company Tempus. The company produces technology enabling the delivery of personalized cancer care for patients.

But Eric Lefkofsky is more than just a serial entrepreneur. He’s also a very caring person. In 2006 he and Elizabeth his wife started the Lefkofsky Foundation, a charitable trust designed to help scientific, charitable and educational causes and organizations worldwide. So far it has provided help to over 50 organizations. The couple also joined The Giving Pledge in 2013. Lefkofsky is also on the board of numerous organizations in Chicago.

He has also begun teaching classes at Chicago area business schools and still found time to write a book dealing with how technology affects business called Accelerated Disruption. All these activities have enabled Eric Lefkofsky to share his resources with as many people as possible.