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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.
Social
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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
Stage
Series A
Total Funding
$26.1M in 4 rounds
Latest Funding Round
Ranked
Employee Count
49 as on Mar 31, 2022
Investment & Acquisitions
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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:lockFilter this list
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
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Phlo's founders and board of directors

Founder? Claim Profile
The founders of Phlo is Nadeem Sarwar. Nadeem Sarwar is the CEO of Phlo.
Here are the details of Phlo's key team members:

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

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:
Employee count trend for Phlo
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zava
Zava
2011, London (United Kingdom), Acquired
Online platform to order prescription medications or test kits
$32M
66/100
2nd
Logo for Evaro
Evaro
2017, Norwich (United Kingdom), Series A
AI-powered platform offering clinical and drug prescription services
$26.5M
60/100
3rd
Logo for MedicSpot
MedicSpot
2016, London (United Kingdom), Seed
Provider of online weight loss treatments, coaching, and community support
$4.72M
51/100
4th
Logo for Phlo
Phlo
2015, London (United Kingdom), Series A
Provider of prescription management software for pharmacies
$26.1M
45/100
5th
Logo for simple online healthcare
simple online healthcare
2015, Glasgow (United Kingdom), Unfunded
Online platform offering telepharmacy services
-
-
44/100
6th
Logo for Phlo Connect
Phlo Connect
2019, Glasgow (United Kingdom), Series A
Provider of digital pharmacy infrastructure, connecting clinicians and patients
$13.3M
-
44/100
7th
Logo for MedExpress
MedExpress
2013, London (United Kingdom), Unfunded
MedExpress is an online doctor & pharmacy based in the UK
-
-
44/100
8th
Logo for Pharmica
Pharmica
2015, London (United Kingdom), Unfunded
Online telepharmacy platform
-
-
42/100
9th
Logo for Truepill
Truepill
2018, Manchester (United Kingdom), Acquired
Provider of online pharmacy of medication
-
-
42/100
10th
Logo for YourPharmacy
YourPharmacy
2007, Oldbury (United Kingdom), Unfunded
Provider of online pharmacy of medical products
-
-
39/100
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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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Phlo Pharmacy launches in BirminghamDirect CommerceAug 02, 2021Phlo
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FAQs about Phlo

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