Companies · Software / Tech

Tempus Labs, Inc.

CHICAGO · Software / Tech · refined from filed group “Other

Diligence memoA one-page analyst read on Tempus Labs, Inc. — recommendation, valuation, rhythm, risks.
$271.0M
Total raised · real
4
Rounds
0.1×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Oct 03 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Tempus Labs, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.08× the median modeled value of Series D+ Software / Tech companies in 2022–2024 (29 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.7 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Software / Tech

Tempus Labs, Inc. is one of 3920 Software / Tech companies tracked from CHICAGO. By capital raised it ranks among the largest (ahead of 99% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2022-10-03
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BSeries C · 2017-09-08 Raised $70M (real) Modeled valuation $2.2B (est)$70M$2.2BSeries C2017Series C · 2018-03-16 Raised $80M (real) Modeled valuation $2.5B (est)$80M$2.5BSeries C2018Series D+ · 2018-08-23 Raised $111M (real) Modeled valuation $3.5B (est)$111M$3.5BSeries D+2018Series D+ · 2022-10-03 Raised $10.0M (real) Modeled valuation $179M (est)$10.0M$179MSeries D+2022+$80M+$111M+$10.0MCumulative $271M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$70.0M · 2017
Series C extension$80.0M · 2018
Series D+$111.0M · 2018
Series D+ extension$10.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$178.8M
Base estimate est.
$55.5M
Conservative case
$302.9M
Upside case
$83.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series C · modeled $2.2B · 2017-09-082017Series C · modeled $2.5B · 2018-03-16Series D+ · modeled $3.5B · 2018-08-23Series D+ · modeled $178.8M · 2022-10-032022
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
3.7 yr
Elapsed time used
3.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
20 mo
Avg between rounds
$53.5M/yr
Capital velocity
8.8 yr
On record since
2017
First round
4
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 59× above median
This company$271.0M
Sector median$4.6M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.1× of median
This company$10.0M
Sector median$150.0M
Modeled value — vs sector median (estimate, all stages) 4.9× above median
This company$178.8M
Sector median$36.6M

Raised more than 99% of sector peers (real $). Modeled value above 81% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #28 of 29.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0B$100.0M$1.0BCapital raised (log)Uniphore Technologies Inc. · Series D+ Raised $594.9M · modeled $7.7B (est)Capital Integration Systems LLC · Series D+ Raised $392.9M · modeled $7.3B (est)Remote Technology, Inc. · Series D+ Raised $310.1M · modeled $6.2B (est)Starburst Data, Inc. · Series D+ Raised $250.0M · modeled $5.3B (est)Aleo Systems Inc. · Series D+ Raised $221.2M · modeled $4.2B (est)Matter Labs · Series D+ Raised $252.0M · modeled $3.5B (est)Material Technologies Corp · Series D+ Raised $221.5M · modeled $3.4B (est)Mammoth Admin & Tech, LLC · Series D+ Raised $270.0M · modeled $3.4B (est)R Software Inc. · Series D+ Raised $242.0M · modeled $3.0B (est)Renew Tech One Ltd · Series D+ Raised $200.0M · modeled $2.7B (est)Monad Labs, Inc. · Series D+ Raised $258.4M · modeled $2.7B (est)Altana Technologies, Inc. · Series D+ Raised $344.1M · modeled $2.5B (est)Tempus Labs, Inc. (this company) Raised $271.0M · modeled $178.8M (est)Tempus Labs, Inc.
CompanyStageRaised · realValue · estvs peer med.
Uniphore Technologies Inc.Series D+$594.9M$7.7B3.56×
Capital Integration Systems LLCSeries D+$392.9M$7.3B3.36×
Remote Technology, Inc.Series D+$310.1M$6.2B2.83×
Starburst Data, Inc.Series D+$250.0M$5.3B2.43×
Aleo Systems Inc.Series D+$221.2M$4.2B1.93×
Matter LabsSeries D+$252.0M$3.5B1.61×
Material Technologies CorpSeries D+$221.5M$3.4B1.58×
Mammoth Admin & Tech, LLCSeries D+$270.0M$3.4B1.57×
R Software Inc.Series D+$242.0M$3.0B1.38×
Renew Tech One LtdSeries D+$200.0M$2.7B1.26×
Monad Labs, Inc.Series D+$258.4M$2.7B1.23×
Altana Technologies, Inc.Series D+$344.1M$2.5B1.16×
Tempus Labs, Inc. this companySeries D+$271.0M$178.8M0.08×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$70.0M2017-09-08$466.7M$2.2B90%
Series C$80.0M2018-03-16$533.3M$2.5B90%
Series D+$111.0M2018-08-23$925.0M$3.5B90%
Series D+$10.0M2022-10-03$83.3M$178.8M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$70.0M2017-09-08
    • First recorded raise — entered as Series C.
    • 4 investors on this round.
  2. Series C$80.0M2018-03-16
    • Came back fast: 6 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 16 investors on this round.
  3. Series D+$111.0M2018-08-23
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 16 investors on this round.
  4. Series D+$10.0M2022-10-03
    • Raised again after 49 mo — slower than the ~13 mo sector norm.
    • Round 11.1× smaller than the prior — bridge or down round.
    • 4 investors on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~20mo cadence
$10.0M
Modeled next size est.range $10.0M$16.0M
0.1×
Last step-up
$53.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Brad Keywell11 other2017-09
Peter Barris10 other2017-09
Eric Lefkofsky7 other2017-09
Ted Leonsis4 other2022-10
Scott Gottlieb2 other2022-10
JIM ROGERS1 other2022-10
Ryan Fukushima1 other2017-09
ERIC BELCHER2022-10
ERIK PHELPS2017-09
JENNIFER DOUDNA2022-10
NADJA WEST2022-10
ROBERT GHENCHEV2022-10
WAYNE FREDERICK2022-10
Registry & provenance

Tempus Labs, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1717115
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Uptake Technologies, Inc.Software / TechSeries D+$255.3M$657.4Mnetwork2 shared operators · same sector · same stage
Groupon, Inc.Other TechnologyGrowth/Late$1.6B$335.0Mnetwork4 shared operators
Pathos AI, Inc.BiotechnologySeries D+$365.0M$2.4Bnetwork2 shared operators · same stage
Sprout Social, Inc.Other TechnologySeries C$95.5M$1.3Bnetwork3 shared operators
Watermelon Express, Inc.Other TechnologySeries A$23.1M$10.1Mnetwork3 shared operators
Lumin Digital, Inc.Software / TechSeries D+$186.6M$198.5Msame sector · same stage
Watershed Technology, Inc.Software / TechSeries D+$115.0M$114.9Msame sector · same stage
Medicine Man Technologies, Inc.Software / TechSeries C$197.1M$214.8Msame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Radiator Labs, Inc.Software / TechSeries A$79.6M85%
Tempus Ex Machina, Inc.Other TechnologySeries B$750.5M83%
Tru Labs Inc.Software / TechPre-Seed$1.7M83%
Templum, Inc.Other TechnologySeries A$101.0M83%
Salus Labs, Inc.Software / TechSeries B$1.1B83%
Andus Labs LLCSoftware / TechSeed$10.7M83%
Tenxer Labs, Inc.Software / TechSeed$30.4M82%
Tempronics, Inc.Other TechnologySeries A$180.3M82%
Frequently asked
How much funding has Tempus Labs, Inc. raised?
Tempus Labs, Inc. has raised approximately $271.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Tempus Labs, Inc.'s estimated valuation?
Provath's modeled valuation for Tempus Labs, Inc. is approximately $178.8M (modeled range $55.5M–$302.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tempus Labs, Inc. at?
Tempus Labs, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Oct 03.
What does Tempus Labs, Inc. do and where is it based?
Tempus Labs, Inc. operates in the Software / Tech sector, based in CHICAGO.
Explore related

See where Tempus Labs, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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