FundMed

What FundMed does

FundMed (Fundação Médica do Rio Grande do Sul) is a Brazilian non-profit support foundation founded in 1991 and headquartered within the Hospital de Clínicas de Porto Alegre (HCPA) campus. It provides integrated administrative and financial management services for research, teaching, clinical research, and innovation projects in human health, acting as an operational intermediary between researchers, sponsors, universities, and public funding agencies. Its core service lines include clinical research administration, scientific event management, selective process administration for medical residencies and specialization courses, extension scholarship administration, resource mobilization, procurement and bidding, compliance oversight, and a transparency portal.

The foundation operates a proprietary technology stack centered on the Portal do Coordenador (a web portal for research coordinators), the SIAF financial/administrative management system, and an event registration and certificate management platform. These systems were migrated to a new operating backbone in 2023. FundMed is regulated under Brazilian Federal Law 8.958/1994, which establishes the legal framework for support foundations partnering with federal higher education and scientific institutions. LGPD/GDPR compliance is in place, supported by a designated Data Protection Officer and a formal code of ethics with whistleblower channels.

FundMed generates revenue primarily through an administrative fee averaging 6.70% (range 5-15%) on total managed project volume, supplemented by professional services fees for event management and selective process administration. Its primary customers are HCPA, UFRGS, and UFCSPA, with extension into the EBSERH university hospital network spanning more than 13 institutions nationwide. In 2025, the foundation administered R$ 25.8 million in institutional development project resources and R$ 3.1 million in event revenue, reverting R$ 24.777 million to supported institutions. Governance is exercised through a Board of Directors and executive board under President Ricardo Machado Xavier (2024-2026 term), with cross-representation from anchor institutions.

Name

FundMed

Legal name

Fundação Médica do Rio Grande do Sul

Website

https://fundmed.org.br

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

FundMed is a non-profit Brazilian foundation founded in 1991 that administers research, teaching, clinical, and innovation projects in human health for HCPA, UFRGS, UFCSPA, and the EBSERH university hospital network, charging administrative fees averaging 6.70% on managed project volume.

Ownership category

akta.pro rank

Product category

Healthcare Research Administration

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Finance Services (6199)

akta.pro industry

PRIMARYBPAGAKAL

Health & Medical Research Grantmaking Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYHLAJALAB

Health Research Funding Agencies (Public/Quasi-Public)

Healthcare & Life Sciences/Public Health, Government & Regulators/Public Health Funding, Grants & Program Administration

SECONDARYBPADAOAB

Grantmaking & Philanthropic Funds (Institutional Donors)

Business & Public Services/International Organizations & Development/Donor Coordination, Grantmaking & Development Finance Programs

Keywords

• Research administration
• Healthcare project management
• Medical research funding
• Academic event management
• Foundation administration

Headquarters

HQ city

Porto Alegre

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Administrative Fee on Managed Projects: FundMed charges operational costs averaging 6.70% of total project revenue for administrative and financial management services. This covers project execution, financial management, legal support, and procurement services.
2. Event Management Services: Revenue from administering scientific events including registration management, sponsorship negotiation, and financial reporting. Managed R$ 3.1 million in event revenue in 2025.
3. Selective Process Administration: Management of medical residency selection processes and specialization course registrations for healthcare institutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

FundMed is a Brazilian non-profit support foundation founded in 1991 that manages the administrative and financial aspects of research, education, events, and innovation projects in human health. It supports teaching hospitals and universities (HCPA, UFRGS, UFCSPA) by handling project administration, event organization, and selective process administration. The foundation operates under the Brazilian federal framework Lei Federal 8.958/1994 and is headquartered in Porto Alegre, Rio Grande do Sul, Brazil, with a team of 48 collaborators plus 2 interns.

Product overview

FundMed operates as a unified service platform providing administrative and financial management for research, teaching, and innovation projects in human health. The core offering comprises integrated services including clinical research management, selective examination administration for medical residencies, event management, extension scholarships, innovation ecosystem support, resource mobilization, procurement, compliance programs, and transparency portals. Additional services include a coworking space (SM638) and a podcast. The company does not offer modular or separately-priced products—all services function as part of a single institutional support platform serving HCPA, UFRGS, UFCSPA, and affiliated university hospitals.

Differentiator

Problem solved

Functional benefit

Products and services

• Research and Innovation Project Administration
• Academic and Scientific Event Management
• Selective Process Administration (PS Administration)

Quantifiable outcome

• 2,200+ research projects managed over 30 years of operation
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Hospital de Clínicas de Porto Alegre (HCPA)coreStrategic or Co-development PartnerPrimary supported institution where FundMed is strategically located. FundMed provides administrative and financial management for HCPA research projects, residency programs, and institutional development initiatives.
• Universidade Federal do Rio Grande do Sul (UFRGS)coreStrategic or Co-development PartnerMajor academic partner for research, teaching, and innovation projects. FundMed supports UFRGS Faculty of Medicine projects conducted at HCPA.
• Universidade Federal de Ciências da Saúde de Porto Alegre (UFCSPA)coreStrategic or Co-development PartnerAcademic institution partner for medical education, residency programs, and healthcare professional training initiatives.
• Inova RS (State Innovation Program)coreStrategic or Co-development PartnerState government innovation program that FundMed participates in to foster innovation ecosystem development in Rio Grande do Sul.
• South Collab HealthcoreStrategic or Co-development PartnerQuadruple helix innovation movement bringing together academia, companies, civil society, and government for connected, integrated healthcare. FundMed participates in this collaboration for health innovation initiatives.
• Pacto AlegreminorStrategic or Co-development PartnerMovement for articulating and executing transformative projects with broad impact for Porto Alegre, aiming to create conditions for the city to become an innovation hub.
• Health Alliance (Uni4Life)coreStrategic or Co-development PartnerAlliance for innovation and entrepreneurship created to stimulate development of innovative solutions for healthcare. Includes academic institutions, hospitals, accelerators, companies, and government.
• NITT (Núcleo de Inovação e Transferência de Tecnologia)coreTechnology or IntegrationInnovation and technology transfer nucleus at HCPA that facilitates innovation initiatives and technology transfer for societal benefit. FundMed supports NITT activities.
• HCPA Technology ParkcoreStrategic or Co-development PartnerTechnology park being installed at HCPA where researchers, companies, and society can discuss and create technologies for healthcare sector. Funded with R$ 8.3 million from FINEP.
• Starts IncubatorminorStrategic or Co-development PartnerPre-incubation and incubation program at HCPA focused exclusively on health innovation and entrepreneurship ecosystem.
• Zenit Parque UFRGSminorStrategic or Co-development PartnerUFRGS technology park that fosters research, innovation, and entrepreneurship ecosystem through new ideas transforming the productive sector.
• Confies (National Forum of Support Foundations)minorStrategic or Co-development PartnerNational forum connecting support foundations that work with federal higher education institutions and scientific research.
• Casa dos Raros (Rare Diseases Center)minorStrategic or Co-development PartnerRare diseases center that FundMed supports as part of its social responsibility and healthcare innovation initiatives.
• EBSERH (Empresa Brasileira de Serviços Hospitalares)coreStrategic or Co-development PartnerBrazilian Hospital Services Company managing university hospitals network. FundMed provides services to multiple HU Brasil network hospitals including HUWC, MEAC, HUMAP, HUJM, HU-UFPI, HUSM, HE-UFPEL, HUOL-UFRN, HULW-UFPB, HC-UFPE, HU-UFGD, HUAP-UFF, HUPAA-UFAL.

Scale indicators22 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• FAEPA (Fundação de Apoio ao Ensino, Pesquisa e Assistência do HCFMRP-USP): Support foundation for Hospital das Clínicas da FMRP-USP, managing research, teaching, and healthcare project administration. Directly comparable as a hospital-anchored Brazilian support foundation focused on health research.
• FUNCAMP (Fundação de Desenvolvimento da Unicamp): Support foundation affiliated with Universidade Estadual de Campinas that administers research projects, technology transfer, and innovation activities. Highly comparable to FundMed in mission and operating model as a Brazilian fundação de apoio.
• FUNDEP (Fundação de Desenvolvimento da Pesquisa): Brazilian support foundation (fundação de apoio) at UFMG providing administrative and financial management of research projects, events, and innovation initiatives. Directly comparable to FundMed as a support foundation serving a major Brazilian federal university hospital ecosystem.

Broad incumbents

• FINEP (Financiadora de Estudos e Projetos): Brazilian federal funding agency for science, technology, and innovation projects. FundMed works directly with FINEP as both a partner and an administrator of FINEP-funded projects, making it a key ecosystem participant.
• Fundação Oswaldo Cruz (Fiocruz): Major Brazilian public health research foundation linked to the Ministry of Health. Operates its own research, hospital, and education infrastructure at a much larger scale than FundMed, but shares a similar health research support mission.
• FAPESP (Fundação de Amparo à Pesquisa do Estado de São Paulo): Largest state research foundation in Brazil and one of the most prominent funding agencies in Latin America. Operates at a much larger scale than FundMed with a broader portfolio of programs, but both channel resources into Brazilian academic research.

Others

• EBSERH (Empresa Brasileira de Serviços Hospitalares): Brazilian federal state-owned company that manages the network of university hospitals (HU Brasil). FundMed delivers services across multiple EBSERH-managed hospitals, making EBSERH a key distribution channel and ecosystem partner rather than a direct competitor.

Emerging players

• Hospital Israelita Albert Einstein - Instituto de Ensino e Pesquisa: Private hospital in São Paulo with a research and teaching institute that conducts clinical research administration similar to FundMed's HCPA-based activities. Comparable as a hospital-embedded health research administration function, though in a private rather than public setting.
• Fundação Butantan: São Paulo-based public foundation focused on vaccine and biomedicine research, with project management and innovation functions similar in scope to FundMed. Comparable as a state-level health research foundation with administrative management of public research.

Regional players

• FAPERGS (Fundação de Amparo à Pesquisa do Estado do Rio Grande do Sul): State-level research funding foundation in Rio Grande do Sul, same state as FundMed. While primarily a grantmaking agency rather than a support foundation, it channels funds to many of the same researchers and institutions FundMed serves, making it a meaningful adjacent peer.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeopen.spotify.com/show/15X0x3NACR6sBbMfWSaJjw?si=d8e8e5fd89894748
• LinkedInlinkedin.com/company/fundmedrs

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 FundMed