Phlo - About the company
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
- 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
Investors
Ranked
4th among 72 active competitors
Employee Count
49 as on Mar 31, 2022
Investment & Acquisitions
Legal entities associated with Phlo
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) |
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Phlo's funding and investors
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 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Phlo:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 17, 2024 | 4675066 | Series A | 2692470 | 4446862 | 2141191 | 3735113 |
Dec 26, 2022 | 3360296 | Series A | 4091694 | 3995139 | 9524268 | 5393778 |
Oct 13, 2020 | 3867617 | Seed | 2377851 | 1207023 | 1903388 | 1525716 |
View details of Phlo's funding rounds and investors
Phlo's founders and board of directors
Founder? Claim ProfileThe 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 3 active members. Alistair Murray, Aidan MacMillan and Paul Munn are independent board members.Here is the list of Phlo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Investor | - | Current | 1y 7m | |
Independent board member | - | Current | 1y 7m | |
jaqnbnr | Independent board member | - | Current | 1y 5m |
ihvzjvn | Independent board member | - | Current | 7y 9m |
wumkxbx | Independent board member | - | Current | 7y 8m |
gzqxzdt | Independent board member | - | Current | 3y 3m |
redgh{h | Independent board member | - | Current | 6y 3m |
View details of Phlo's Founder profiles and Board Members
Phlo's employee count trend
Phlo has 49 employees as of Mar 22. The total employee count is 88.0% more than what it was in Mar 21. Here is Phlo's employee count trend over the years:
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Phlo's Competitors and alternates
Top competitors of Phlo include Zava, Evaro and MedicSpot. Here is the list of Top 10 competitors of Phlo, ranked by Tracxn score:
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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 | 66/100 | |
2nd | Evaro 2017, Norwich (United Kingdom), Series A | AI-powered platform offering clinical and drug prescription services | $26.5M | 60/100 | |
3rd | MedicSpot 2016, London (United Kingdom), Seed | Provider of online weight loss treatments, coaching, and community support | $4.72M | 51/100 | |
4th | Phlo 2015, London (United Kingdom), Series A | Provider of prescription management software for pharmacies | $26.1M | 45/100 | |
5th | simple online healthcare 2015, Glasgow (United Kingdom), Unfunded | Online platform offering telepharmacy services | - | - | 44/100 |
6th | Phlo Connect 2019, Glasgow (United Kingdom), Series A | Provider of digital pharmacy infrastructure, connecting clinicians and patients | $13.3M | - | 44/100 |
7th | MedExpress 2013, London (United Kingdom), Unfunded | MedExpress is an online doctor & pharmacy based in the UK | - | - | 44/100 |
8th | Pharmica 2015, London (United Kingdom), Unfunded | Online telepharmacy platform | - | - | 42/100 |
9th | Truepill 2018, Manchester (United Kingdom), Acquired | Provider of online pharmacy of medication | - | - | 42/100 |
10th | YourPharmacy 2007, Oldbury (United Kingdom), Unfunded | Provider of online pharmacy of medical products | - | - | 39/100 |
Looking for more details on Phlo's competitors? Click here to see the top ones
Phlo's Investments and acquisitions
Phlo has acquired Truepill. Phlo has not made any investments as of now.Reports related to Phlo
Here is the latest report on Phlo's sector:
News related to Phlo
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Scots HealthTech Phlo Raises Additional £9 MillionDigit•Apr 17, 2024•Phlo, Par Equity, Scottish Enterprise
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Alistair Murray steps into new Chief Pharmacist role at Phlo TechnologiesBusiness Leader•Aug 01, 2023•Phlo
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Phlo acquires Truepill Uk to boost its digital pharmacy servicesTech Funding News•Apr 04, 2023•Phlo, Truepill, Truepill
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Digital pharmacy Phlo closes £10m round to expand across the UKUKTN•Feb 02, 2023•Phlo, Holistic Internet Community, Phlo Connect, Scottish Enterprise and 8 others
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On-Demand Digital Pharmacy Phlo Raises More Than £1.9 Million Through Crowdcube Funding RoundCrowdfund Insider•Nov 08, 2020•Phlo, Crowdcube
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