About Phlo
Phlo is a company based in London (United Kingdom) founded in 2015 by Nadeem Sarwar. It operates as a On-Demand Services and Direct-to-Consumer (D2C). Phlo has raised $26.07 million across 4 funding rounds from investors including Scottish Enterprise and Par Equity. Phlo has completed 2 acquisitions, including Truepill and Truepill. Phlo offers products and services including Digital Pharmacy and Phlo Clinic. Phlo operates in a competitive market with competitors including Zava, simple online healthcare, Phlo Connect, YourPharmacy and RXLive, among others.
- Headquarter London, United Kingdom
- Founders Nadeem Sarwar
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Phlo Digital Pharmacy
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$26.07 M (USD)
in 4 rounds
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Latest Funding Round
$11.19 M (USD), Series A
Apr 17, 2024
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Investors
Scottish Enterprise
& 1 more
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Employee Count
Not available
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Investments & Acquisitions
Truepill
& 1 more
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Products & Services of Phlo
Phlo offers a comprehensive portfolio of products and services, including Digital Pharmacy and Phlo Clinic.
Medication management and delivery are provided through app.
Weight loss treatments are offered by specialized clinic.
People of Phlo
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Software Development Team
15 people
Creative and Marketing Team
8 people
Leadership Team
3 people
Product Management Team
3 people
Pharmacy Team
2 people
Data Analysis and Operations Team
1 people
Operations Team
1 people
Human Resources and Administration
1 people
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Funding Insights of Phlo
Phlo has successfully raised a total of $26.07M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $11.19 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Phlo
Phlo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Scottish Enterprise and Par Equity.
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Venture capital and natural capital investments are managed by Par Equity.
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Business development and leadership training programs are offered to companies.
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Investor details for Phlo
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Investments & Acquisitions by Phlo
Phlo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Truepill and Truepill.
Investment portfolio details for Phlo
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- Portfolio identities
- Transaction dates
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- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Medication is provided via an online pharmacy service.
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Medicines are ordered and delivered through an API-connected healthcare app.
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Complete acquisition details for Phlo
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- Transaction dates
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- Domains and locations
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Financial Statements - Phlo
Detailed financials for Phlo
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Phlo Comparisons
Peer comparison for Phlo
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- Headcount comparison
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Competitors of Phlo
Phlo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zava, simple online healthcare, Phlo Connect, YourPharmacy and RXLive, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform to order prescription medications or test kits
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Offers online pharmacy, GP services, telehealth, and partnerships for accessible healthcare.
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Digital pharmacy infrastructure is provided to connect clinicians and patients.
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Offers comprehensive online pharmacy solutions for medical products.
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Mobile app for remote consultation and prescription delivery
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Detailed competitors of Phlo
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Latest news on Phlo
Complete news archive for Phlo
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- Full article archive
- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about Phlo
Phlo was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Phlo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Nadeem Sarwar is the current CEO of Phlo. They have also founded this company.
Phlo is a funded company, having raised a total of $26.07M across 4 funding rounds to date.
Phlo is operated as a digital pharmacy in the United Kingdom, focusing on simplifying medication management. Services are provided through a secure app, enabling patients to order, track, and receive prescriptions directly to their preferred address. Various delivery options are offered, including same-day and 24-hour tracked delivery, with free options for NHS patients. The healthcare sector is primarily targeted, with additional services like Phlo Clinic for weight loss treatments. Support is ensured by pharmacists and patient care teams, accessible via phone, email, or chat. Community wellness and health insights are also promoted through their platform.
Phlo's top competitors include Zava, Phlo Connect and Truepill.
Phlo offers Digital Pharmacy and Phlo Clinic.
Phlo has 2 investors. Key investors include Scottish Enterprise, and Par Equity.