Fundación Oftalmológica Nacional

What Fundación Oftalmológica Nacional does

Fundación Oftalmológica Nacional (Fundonal) is a non-profit ophthalmology institution founded on February 12, 1976 by Dr. Álvaro Rodríguez in Bogotá, Colombia, structured as an 'entidad sin ánimo de lucro' with 50 years of operating history. The institution delivers comprehensive visual health services across general ophthalmology, optometry, diagnostic imaging, and a full suite of surgical sub-specialties—cataract, corneal refractive (LASIK/PRK, including FEMTOCONTOURA femtosecond laser), cornea transplant, keratoconus, pterygium, retina, strabismus, oculoplastic, glaucoma, and vitrectomy—alongside an in-house pharmacy, the Fundolens brand of 100% personalized progressive lenses manufactured in Barcelona, and an aesthetic medicine service launched in 2022. It also operates ophthalmology residency and fellowship programs in retina/vitreous and pediatric ophthalmology, and a Minciencias-recognized Category A research group.

The underlying technical stack comprises advanced ophthalmic equipment including femtosecond and excimer laser systems, OCT, Pentacam, Biometry, Visual Field, and Angiography diagnostic imaging platforms, and high-technology surgical systems supporting sub-millimeter precision procedures. The institution is differentiated by FEMTOCONTOURA computer-guided personalized LASIK, the proprietary Fundolens lens line, and a multi-subspecialty medical staff with credentials from institutions including Bascom Palmer Eye Institute, the University of Toronto, and Universidad Javeriana.

Fundonal's business model operates on a fee-for-service basis across consultations, diagnostics, surgical procedures, optical product sales, pharmacy dispensing, and aesthetic medicine, with pricing examples of COP 160,000 per general ophthalmology consultation, COP 96,000 per optometry evaluation, and COP 2,350,000 per refractive surgery procedure (promotional). The go-to-market is direct and sales-led: patients are acquired through medical referrals, self-serve online and WhatsApp appointment booking, and—most importantly—convenios with nine major Colombian prepaid health plan providers (Colmedica, Colsanitas, Coomeva, Sura, Allianz, Axa Colpatria, Medisanitas, Unisalud, Aliansalud). Distribution is single-country (Bogotá headquarters plus a Titán Plaza satellite), supported by an owned digital ecosystem comprising the fundonal.org website, Facebook, Instagram, TikTok, YouTube, newsletter, and a documentosfundonal.org patient document portal.

Name

Fundación Oftalmológica Nacional

Legal name

Fundación Oftalmológica Nacional

Website

https://fundonal.org

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

51–100 employees

Short description

Fundación Oftalmológica Nacional (Fundonal) is a non-profit ophthalmology institution in Bogotá, Colombia, providing comprehensive eye care—consultations, diagnostics, and specialized surgeries—to individual patients and insurance affiliates through nine Colombian prepaid health plan partnerships.

Ownership category

akta.pro rank

Product category

Ophthalmology Services

NAICS

Offices of Optometrists (621320), Optical Goods Retailers (45613)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093), Ophthalmic Goods (3851)

akta.pro primary industry

Ophthalmology Clinics (Medical & Surgical Eye Care) (HLAKAKAC)

akta.pro secondary industries

Cornea, External Disease & Refractive Surgery (LASIK/PRK) (HLAKAKAF), Pediatric Ophthalmology & Strabismus (HLAKAKAD), Ocular Imaging & Diagnostic Testing Centers (HLAKAKAN)

Keywords

• Ophthalmology services
• Eye care clinic
• Refractive surgery
• Diagnostic eye exams
• Optical retail

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Medical Consultations: Revenue from ophthalmology and optometry consultations charged at specified per-visit rates.
2. Surgical Procedures: Revenue from specialized eye surgeries including cataract, refractive, pterygium, retina, strabismus, oculoplastic, and glaucoma procedures.
3. Diagnostic Examinations: Revenue from specialized diagnostic tests including OCT, Pentacam, Biometry, Visual Field, and Angiography examinations.
4. Optical Products (Fundolens): Revenue from sale of 100% personalized eyeglass lenses under the Fundolens brand, manufactured with European technology.
5. Pharmacy: Revenue from an in-house pharmacy dispensing ophthalmic medications to patients.
6. Special Programs: Revenue from specialized programs including refractive surgery, blefaroplastia, and anesthesia consultations.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Fundación Oftalmológica Nacional (Fundonal) is a non-profit ophthalmological institution in Bogotá, Colombia, providing comprehensive eye care services including specialized surgeries (cataract, refractive/LASIK via FEMTOCONTOURA, cornea transplant, keratoconus, pterygium, retina, strabismus, oculoplastic, glaucoma, vitrectomy), general and specialty ophthalmology consultations, optometry, diagnostic examinations (OCT, Pentacam, Biometry, Visual Field, Angiography), and an optical retail service offering Fundolens personalized progressive lenses. The institution also operates a pharmacy, an aesthetic medicine service, medical education programs (ophthalmology residency and fellowships), and philanthropy programs serving underserved populations.

Product overview

Fundonal (Fundación Oftalmológica Nacional) is a non-profit ophthalmological institution offering an integrated portfolio of eye care services. The core offering centers on ophthalmic surgeries — including corneal refractive surgery (LASIK/PRK via FEMTOCONTOURA), cataract surgery, cornea transplant, keratoconus surgery, pterygium, retina, strabismus, oculoplastic, and glaucoma procedures — supported by general and specialized ophthalmology consultations, optometry, and high-precision diagnostic examinations (OCT, Pentacam, Biometry, Visual Field, Angiography). The institution also operates an optical retail service offering the Fundolens brand of 100% personalized progressive lenses manufactured in Barcelona with European technology. Additional offerings include a pharmacy, a 2022-launched aesthetic medicine service (rejuvenation, botulinum toxin, non-surgical blefaroplastia), and an online patient document portal. The institution further operates medical education and research programs in ophthalmology, including advanced fellowships in retina/vitreous and pediatric ophthalmology/strabismus.

Differentiator

Problem solved

Functional benefit

Brands

• Fundolens: Customized eyeglass lenses with European technology, exclusive to Fundonal, launched as a product line offering personalized lenses with the Fundonal logo.

Products and services

• Corneal Refractive Surgery (LASIK / PRK) Laser-based corneal refractive surgery using LASIK and PRK technologies to correct myopia, hyperopia, and astigmatism, reducing or eliminating dependence on glasses or contact lenses. Targeted at patients with refractive errors seeking vision correction.
• FEMTOCONTOURA Femtosecond LASIK Advanced laser eye surgery technique using computer-guided femtosecond laser technology for personalized, precise corneal reshaping, promoted as superior to standard LASIK in quality, safety, and precision. Targeted at patients seeking premium refractive surgery outcomes.
• Cataract Surgery Surgical procedure that replaces the opaque crystalline lens with an intraocular lens (IOL) to restore clear vision. Targeted at patients with cataract-related vision impairment.
• Cornea Transplant Corneal transplant surgery for patients with damaged or diseased corneas requiring graft replacement. Targeted at patients with severe corneal pathology.
• Keratoconus Surgery Specialized surgical treatment for keratoconus, a progressive corneal thinning disorder. Targeted at patients diagnosed with keratoconus.
• Pterygium Surgery Surgical removal of abnormal growth on the ocular surface (pterygium) to improve both ocular health and aesthetics. Targeted at patients with symptomatic or vision-threatening pterygium.
• Retina Surgery Surgical procedures targeting retinal conditions including retinopathy, degenerations, and retinal detachment. Targeted at patients with vitreoretinal disease.
• Strabismus Surgery Surgical correction of eye misalignment (strabismus) to restore binocular vision. Targeted at pediatric and adult patients with strabismus.
• Oculoplastic Surgery Oculoplastic surgical procedures addressing aesthetic and functional conditions of the eyelids, orbital structures, and tear duct system. Targeted at patients requiring functional eyelid repair or aesthetic oculoplastic intervention.
• Glaucoma Surgery Surgical treatment for glaucoma including filtering surgeries (trabeculectomy), combined cataract-glaucoma procedures, valve implants, and laser treatments (SLT, ALT, iridotomy). Targeted at patients with medically uncontrolled or advanced glaucoma.
• Vitrectomy Surgical procedure involving removal of the vitreous gel from the eye for treatment of retinal and vitreous conditions. Targeted at patients with vitreoretinal disease requiring surgical intervention.
• Blepharoplasty (Eyelid Surgery) Eyelid surgery to remove excess skin and fat from upper and lower eyelids, improving facial aesthetics and, in some cases, correcting vision obstruction. Also available as a non-surgical blepharoplasty treatment using plasma. Targeted at patients seeking functional or aesthetic eyelid improvement.
• General Ophthalmology Consultation General ophthalmology consultation providing initial diagnosis and management of eye diseases with a personalized, comprehensive approach. Targeted at patients seeking specialist eye examinations, first-time and follow-up visits.
• General Optometry Comprehensive visual health evaluation and vision quality assessment through complete examinations, oriented toward lens prescriptions and early detection of visual alterations. Targeted at patients requiring vision assessments, contactology, or orthoptic evaluations.
• Ophthalmologic Diagnostic Examinations High-precision diagnostic studies including OCT (Optical Coherence Tomography), Pentacam, Biometry, Visual Field, Angiography, and others for early detection, monitoring, and follow-up of visual conditions. Targeted at patients requiring specialized ocular imaging and diagnostic evaluation.
• Fundolens Personalized Progressive Lenses 100% personalized progressive eyeglass lenses branded and offered exclusively through Fundonal. Manufactured in Barcelona using European technology, available in three tiers: Fundolens Evolution Ultimate, Grand, and Essential. Designed for people with presbyopia, offering clear vision at far, intermediate, and near distances without visible transition lines.
• Optical Retail Service Optical retail service offering prescription eyeglasses, lenses, and optical products, including the Fundolens personalized lens brand. Targeted at patients needing prescription eyewear and customized lenses.
• In-House Pharmacy On-site pharmacy providing ophthalmologic medications, including prescribed eye drops and post-surgical care formulations such as Lagricel ocular lubricant and Sophixin DX antibiotic-corticosteroid drops. Targeted at patients needing prescribed ophthalmic medications following consultations or surgery.
• Ophthalmology Residency Training Program Medical education and specialist training program in ophthalmology, offering comprehensive academic formation with high standards for development of clinical and scientific competencies. Targeted at physicians pursuing ophthalmology specialty training.
• Advanced Retina and Vitreous Fellowship Advanced fellowship training focused on diagnosis and treatment of retina and vitreous diseases, with emphasis on technology and advanced clinical practice. Targeted at ophthalmologists seeking subspecialty training in retina and vitreous.
• Advanced Pediatric Ophthalmology and Strabismus Fellowship Specialized training program in diagnosis and management of pediatric visual disorders, including strabismus treatment. Targeted at ophthalmologists seeking subspecialty training in pediatric ophthalmology and strabismus.
• Aesthetic Medicine Service Aesthetic medicine service launched in 2022 offering facial restoration, maintenance, and beauty treatments including facial rejuvenation, anti-wrinkle botulinum toxin injections, facial profiling, and non-surgical blepharoplasty using plasma. Targeted at patients seeking non-ophthalmic aesthetic facial treatments.
• Online Patient Document Portal Online patient portal (documentosfundonal.org) for downloading examination results and medical documents generated during consultations. Targeted at patients needing access to their ophthalmology diagnostic results and medical records.

Quantifiable outcome

• Post-surgical control protocol: follow-up visits at 1, 15, and 30 days after refractive surgery included in procedure price.
• +1 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Nine partnerships are on record, tiered core.

• ColmedicacoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Colmedica coverage to access Fundonal's ophthalmological services through the prepaid medicine network.
• ColsanitascoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Colsanitas coverage to access Fundonal's ophthalmological services through the prepaid medicine network.
• Coomeva Medicina PrepagadacoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Coomeva coverage to access Fundonal's ophthalmological services.
• Axa ColpatriacoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Axa Colpatria coverage to access Fundonal's ophthalmological services.
• AllianzcoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Allianz coverage to access Fundonal's ophthalmological services.
• SuracoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Sura coverage to access Fundonal's ophthalmological services.
• MedisanitascoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Medisanitas coverage to access Fundonal's ophthalmological services.
• UnisaludcoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Unisalud coverage to access Fundonal's ophthalmological services.
• AliansaludcoreChannel Partner/ Reseller/ DistributorInsurance/health plan provider affiliation enabling patients with Aliansalud coverage to access Fundonal's ophthalmological services.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Alcon: Global incumbent in ophthalmic devices, IOLs, and surgical equipment; relevant peer because Fundonal uses Alcon-adjacent laser/surgical platforms and competes against clinics deploying Alcon's premium IOL and phaco systems.
• Carl Zeiss Meditec: Major supplier of ophthalmic diagnostic and surgical systems (OCT, Pentacam, lasers) used by Fundonal and competing clinics; broader incumbent relevant to benchmark Fundonal's technology stack and premium-lens offerings.

Direct peers

• Wills Eye Hospital: Standalone specialty eye hospital in Philadelphia with deep sub-specialty coverage and residency training; structurally and operationally similar to a non-profit specialty eye center like Fundonal.
• Cole Eye Institute (Cleveland Clinic): Multi-sub-specialty ophthalmology center embedded in a major hospital system with research/teaching mission; comparable to Fundonal's breadth of sub-specialties and surgical capabilities.
• Bascom Palmer Eye Institute: U.S. academic ophthalmology institution of comparable scope: multi-sub-specialty clinical care, residency/fellowship training, and nationally recognized research output — a direct analog to Fundonal's academic foundation model.
• Massachusetts Eye and Ear Infirmary: Harvard-affiliated specialty hospital focused exclusively on ophthalmology and otolaryngology with strong research and fellowship programs — directly mirrors Fundonal's combination of clinical excellence and academic mission.
• Moorfields Eye Hospital NHS Foundation Trust: UK-based academic specialty eye hospital providing sub-specialty clinical care, training, and research; comparable as a globally recognized, mission-driven ophthalmology institution.
• IMO - Institut de Microcirurgia Ocular: Benchmark European specialty ophthalmology center based in Barcelona — directly comparable to Fundonal given both institutions concentrate refractive surgery excellence, sub-specialty coverage, and proprietary premium lens/laser technologies within an academic, research-oriented model.

Regional players

• CODET Vision Institute: Mexico-based ophthalmology center specializing in refractive surgery and lens implants using advanced laser technology; overlapping capability set with Fundonal's FEMTOCONTOURA/presbyopia correction focus within Latin America.
• Clínica de Oftalmología de Cali: Long-established Colombian ophthalmology clinic in Cali; competes for the same patient pool in Colombia and offers similar surgical and refractive services, making it the closest geographic peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCMMAPctqSqeRmLX3t6ZD_ZA
• Facebookfacebook.com/FundacionOftalmologica
• Instagraminstagram.com/fundonal_
• TikToktiktok.com/@fundonal
• LinkedInlinkedin.com/company/fundonal

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fundación Oftalmológica Nacional