FreeMind Group
FreeMind Group is a Boston-based consulting firm founded in 1999 that helps R&D-stage life science organizations secure non-dilutive grant funding from US federal agencies and private foundations, serving hundreds of biotech and pharma clients globally.
- Company typePrivate
- Founded1999
- HeadquartersBoston, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What FreeMind Group does
FreeMind Group is a Boston-headquartered professional consulting firm founded in 1999 that helps R&D-stage life science organizations secure non-dilutive funding from US federal agencies including NIH, DoD, BARDA, FDA, and NSF, as well as private foundations. The firm serves hundreds of biotech, pharmaceutical, medical device, and digital health clients globally, including startups and enterprises, and reports garnering over $100 million in awards annually for clients across grant sizes ranging from hundred-thousand-dollar awards to multi-million-dollar programs. FreeMind operates from offices in Boston and Jerusalem, with active engagement across North America, Europe, and — through a 2026 partnership with Daewoong Pharmaceutical — Asia-Pacific.
The firm's core service offering covers the full non-dilutive funding lifecycle: opportunity identification, competitive intelligence, proposal writing, submission, and post-award execution. This consulting work is supported by a suite of custom-built AI tools that the firm describes as central to its professional process. The company supplements its core consulting with a portfolio of complementary offerings: the annual Non-Dilutive Funding Summit (now in its 22nd year), the FreeMind Elite premium client program, educational webinars on disease-area-specific funding mechanisms, and — most recently — FreeMind Investments, a venture capital fund established in May 2026 in partnership with Daewoong Pharmaceutical that deploys equity capital into life science companies and provides portfolio companies with access to pharma deal-making networks.
FreeMind Group generates revenue through professional services engagements on a quote-based pricing model, targeting R&D-stage life science organizations of all sizes from startups to enterprises. Its go-to-market is consultative and sales-led, executed through direct outreach, email, virtual meetings, and in-person conference participation across nine strategic conference partnerships (including BIO-Europe, LSX World Congress, BioTrinity, and RESI). The company is privately held under founder/management ownership with no external venture capital or private equity backing identified, and Ram May-Ron serves as Managing Partner.
FreeMind Group firmographics
Firmographics- Name
- FreeMind Group
- Legal name
- FreeMind Group LLC
- Website
- https://freemindgroup.com
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- FreeMind Group is a Boston-based consulting firm founded in 1999 that helps R&D-stage life science organizations secure non-dilutive grant funding from US federal agencies and private foundations, serving hundreds of biotech and pharma clients globally.
- Ownership category
- akta.pro rank
FreeMind Group industry classification
Industry- Product category
- Life Science Grant Consulting
- NAICS
- Other Scientific and Technical Consulting Services (54169), Scientific Research and Development Services (5417)
- SIC
- Services-Management Consulting Services (8742), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Research Administration & Grants Management Support (Pre/Post-Award, Compliance) (EDAEALAO)
- akta.pro secondary industry
- Research & Science Grantmaking Foundations (BPAGAKAI)
Keywords
Where FreeMind Group is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
FreeMind Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Grant Consulting Services: FreeMind Group provides consulting services to life science organizations to help them secure non-dilutive funding from US federal agencies and private foundations. They guide clients through the entire grant application process from identifying opportunities to submission and execution of awards.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
FreeMind Group product offering
Product offeringCore offering
FreeMind Group provides consulting services to life science organizations (biotech, pharmaceutical, medical device companies) to help them secure non-dilutive funding from US federal agencies including NIH, DoD, BARDA, FDA, and NSF, as well as private foundations. The firm guides clients through the entire grant lifecycle, from identifying relevant funding opportunities to preparing competitive applications and managing submission, supported by custom-built AI tools. It also operates FreeMind Investments, an equity investment platform launched in partnership with Daewoong Pharmaceuticals.
Product overview
FreeMind Group is a non-dilutive funding consulting firm that offers a unified service portfolio centered on helping life science organizations secure grants and contracts from US federal agencies and private foundations. The core offering consists of consulting services supported by proprietary AI-powered grant writing tools. The company also operates subsidiary brands including FreeMind Investments (equity investment arm in partnership with Daewoong Pharmaceuticals), the annual Non-Dilutive Funding Summit (industry conference), FreeMind Elite (premium client program), and educational webinars covering specific funding opportunities.
Differentiator
Problem solved
Functional benefit
Products and services
- Non-Dilutive Funding Consulting Services Core consulting service that assists R&D stage life science organizations in identifying relevant non-dilutive funding opportunities, preparing competitive grant applications, and managing the submission process for US federal agencies (NIH, DoD, BARDA, FDA, NSF) and private foundations.
- FreeMind Investments Equity investment platform providing venture capital funding and access to pharma deal-making networks for life science companies, including Asian market entry through Daewoong's commercial infrastructure.
Quantifiable outcome
- Over $100 million secured for clients annually
- +2 more outcomes
Companies that use FreeMind Group
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
FreeMind Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
FreeMind Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor.
- EBD GroupminorEBD Group organizes major biotech partnering conferences. FreeMind Group is a strategic partner supporting EBD events, which helps FreeMind connect with potential clients at these industry conferences.
- Sachs AssociatesminorSachs Associates organizes oncology, neuroscience, and immuno-oncology innovation forums. FreeMind Group is a strategic partner supporting these events.
- LSX (London Science Communications)minorLSX organizes the LSX World Congress and Nordic Congress events. FreeMind Group supports these conferences as a strategic partner.
- OBN (Oxford Bioinformatics)minorOBN organizes the BioTrinity conference. FreeMind Group is a proud supporter of BioTrinity.
- TerrapinnminorTerrapinn organizes life sciences conferences. FreeMind Group is listed as a strategic partner.
- Sweden BiominorSweden Bio is a Swedish life science industry organization. FreeMind Group is a strategic partner.
- PhacilitateminorPhacilitate organizes cell and gene therapy conferences. FreeMind Group is a strategic partner supporting their events.
- Demy-ColtonminorDemy-Colton organizes life sciences partnering events. FreeMind Group is a strategic partner.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
FreeMind Group competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
FreeMind Group social profiles
Digital presenceFreeMind Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
FreeMind Group leadership team
Management profileNumber of profiles
Profiles4 records
FreeMind Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
FreeMind Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FreeMind Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FreeMind Group
What does FreeMind Group do?
FreeMind Group provides consulting services to life science organizations (biotech, pharmaceutical, medical device companies) to help them secure non-dilutive funding from US federal agencies including NIH, DoD, BARDA, FDA, and NSF, as well as private foundations. The firm guides clients through the entire grant lifecycle, from identifying relevant funding opportunities to preparing competitive applications and managing submission, supported by custom-built AI tools. It also operates FreeMind Investments, an equity investment platform launched in partnership with Daewoong Pharmaceuticals.
Is FreeMind Group a public or private company?
FreeMind Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FreeMind Group founded?
FreeMind Group was founded in 1999. It employs 51 to 100 people.
Where is FreeMind Group based?
FreeMind Group is headquartered in Boston, United States, in the North America region.
How does FreeMind Group make money?
One revenue line is on record: grant Consulting Services.
Does FreeMind Group have an API?
No public API is recorded for FreeMind Group.
What industry is FreeMind Group in?
FreeMind Group's product category is Life Science Grant Consulting. Its primary akta.pro industry code is EDAEALAO, Research Administration & Grants Management Support (Pre/Post-Award, Compliance), with a secondary code of BPAGAKAI, Research & Science Grantmaking Foundations. Its NAICS code is 54169 and its SIC code is 8742.