Three years after talks of an IPO surfaced, health tech company Tempus AI lit the fuse and is looking to go public this year. The Chicago-based company, which provides data and analytics tools for precision medicine, filed for an IPO with the U.S. Securities and Exchange Commission (SEC) on Monday. Tempus AI is looking to raise up to $100 million in a public offering, according to some reports. But, terms of the sale share have not yet been set. No pricing terms were disclosed in the filing. Founded in 2015, Tempus says it’s built the world’s largest library of clinical and molecular data along with an operating system to make those data accessible and useful for providers to inform patient care.
Read the full article: Precision Medicine Company Tempus AI Files to Go Public //
Source: https://www.fiercehealthcare.com/health-tech/precision-medicine-company-tempus-ai-files-go-public