When was Phlo founded?

Phlo was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Phlo located?

Phlo is headquartered in London, United Kingdom. It is registered at C/O Gillespie & Anderson, 147 Bath Street, Glasgow, Lanarkshire, United Kingdom, G2 4SN.

Who is the current CEO of Phlo?

Nadeem Sarwar of Phlo. They have also founded 1 company.

Which legal entities is Phlo associated with?

Phlo is associated with PHLO TECHNOLOGIES LTD.

How many employees does Phlo have?

As of Jul 31, 2026, the latest employee count at Phlo is 116.

Is Phlo a funded company?

Phlo is a funded company, having raised a total of $26.1M across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on May 10, 2017.

When was the latest funding round of Phlo?

Phlo's latest funding was a $***** Series A round on Apr 17, 2024, with participation from 2 investors.

Where does Phlo rank among its competitors?

Phlo ranks 3rd amongst 72 active competitors, of which 7 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Evaro, which secured $25M in Jan, 2026.

Who are the top competitors of Phlo?

Phlo's top competitors include Zava, Evaro and MedicSpot. Among them, Evaro secured the most recent funding round in January, 2026.

Phlo - 2026 Company Profile, Team, Funding, Competitors & Financials

Phlo is a series A company based in London (United Kingdom), founded in 2015 by Nadeem Sarwar. It operates as a Provider of prescription management software for pharmacies. Phlo has raised $26.1M in funding from Scottish Enterprise and Par Equity. The company has 72 active competitors, including 7 funded and 2 that have exited. Its top competitors include companies like Zava, Evaro and MedicSpot.

Company Details

Provider of prescription management software for pharmacies. It is a digital pharmacy service that simplifies repeat prescription management and delivery. It allows users to register online, nominate it as their pharmacy, and request medications directly from their GP via the app.

Website: wearephlo.com
Social
Email ID: *****@wearephlo.com
Phone Number: +44 **********
Registered Address: C/O Gillespie & Anderson, 147 Bath Street, Glasgow, Lanarkshire, United Kingdom, G2 4SN

Key Metrics

Founded Year

2015

Location

London, United Kingdom

Stage

Series A

Total Funding

$26.1M in 4 rounds

Latest Funding Round

Series A, Apr 17, 2024, $*****

Investors

Scottish Enterprise & 9 more

Ranked

3^rd among 72 active competitors

Employee Count

116 as on Jul 31, 2026

Investment & Acquisitions

Truepill

Similar Companies

Alto & 675 more

View Phlo's full profile

Phlo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PHLO TECHNOLOGIES LTD CIN: SC496769 , United Kingdom, Active	Feb 03, 2015	-	67 (As on Mar 31, 2023)

Phlo has raised a total funding of $26.1M over 4 rounds. Its first funding round was on May 10, 2017. Its latest funding round was a Series A round on Apr 17, 2024 for $*****. 2 investors participated in its latest round. Phlo has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Phlo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 17, 2024	3450830	Series A	6132257	9057597	8829281	6171926
Dec 26, 2022	3362268	Series A	7879297	6524369	2330123	3593641
Oct 13, 2020	5153878	Seed	5384558	6703510	6300816	2095086

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View details of Phlo's funding rounds and investors

The founders of Phlo is Nadeem Sarwar. Nadeem Sarwar is the CEO of Phlo.

Here are the details of Phlo's key team members:

Nadeem Sarwar: Founder & CEO of Phlo.
Contact Info: 1 email address

Phlo's Board of Directors

Phlo's board has 7 active members. Paul Munn is part of team and Alistair Murray, Adam Roderick Hunter, Aidan MacMillan, Alistair Murray, Paul Munn and Aidan MacMillan are independent board members.

Here is the list of Phlo's board of directors:

Name	Type	Representing	Status	Duration
Paul Munn	Investor	-	Current	1y 11m
Alistair Murray	Independent board member	-	Current	1y 11m
ooedjsp	Independent board member	-	Current	6y 7m
vcvuxjn	Independent board member	-	Current	8y 1m
hmn{avx	Independent board member	-	Current	8y 2m
dwfko{a	Independent board member	-	Current	1y 3m
yfffufh	Independent board member	-	Current	6y 7m

View details of Phlo's Founder profiles and Board Members

Phlo's employee count trend

Phlo has 116 employees as of Jul 26. Here is Phlo's employee count trend over the years:

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Top competitors of Phlo include Zava, Evaro and MedicSpot. Here is the list of Top 10 competitors of Phlo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zava 2011, London (United Kingdom), Acquired	Online platform to order prescription medications or test kits	$32M	HPE Growth, Mk Beleggingsmaatschappij Venlo ... & 6 others	65/100
2nd	Evaro 2017, Norwich (United Kingdom), Series A	AI-powered platform offering clinical and drug prescription services	$26.5M	AlbionVC, Exceptional Ventures & 8 others	60/100
3rd	Phlo 2015, London (United Kingdom), Series A	Provider of prescription management software for pharmacies	$26.1M	Scottish Enterprise, PXN Ventures & 8 others	49/100
4th	MedicSpot 2016, London (United Kingdom), Seed	Provider of online weight loss treatments, coaching, and community support	$4.72M	Nexus Venture Partners, VentureFounders & 17 others	46/100
5th	Phlo Connect 2019, Glasgow (United Kingdom), Series A	Provider of digital pharmacy infrastructure, connecting clinicians and patients	$13.3M	-	44/100
6th	MedExpress 2013, London (United Kingdom), Unfunded	MedExpress is an online doctor & pharmacy based in the UK	-	-	44/100
7th	Truepill 2018, Manchester (United Kingdom), Acquired	Provider of online pharmacy of medication	-	-	42/100
8th	RXLive 2015, London (United Kingdom), Series A	Mobile app for remote consultation and prescription delivery	$5M	Claren Energy, Axial Capital Partners & 4 others	40/100
9th	YourPharmacy 2007, Oldbury (United Kingdom), Unfunded	Provider of online pharmacy of medical products	-	-	38/100
10th	OnlineClinic 2004, Croydon (United Kingdom), Unfunded	Online telepharmacy platform	-	-	35/100