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Phlo

Biotech & Life Sciences · Glasgow, United Kingdom · Founded 2015

Digital pharmacy platform for prescription delivery and healthcare MoreLess

Phlo is a digital healthcare company that provides a suite of services centered around pharmacy and patient care. Founded in 2015 by Nadeem Sarwar, the Glasgow-based startup aims to simplify medication access. Sarwar, who previously worked in commercial banking with exposure to the pharmacy sector, was inspired by customer-centric digital health models in the U.S. to build a more convenient pharmacy experience in the UK.

The company's core services include Phlo Digital Pharmacy, an app-based service for managing and ordering NHS and private prescriptions with same-day delivery in cities like London and tracked next-day delivery across the UK. Phlo also operates Phlo Clinic, which offers on-demand consultations and treatments for various conditions, including weight management. For business clients, Phlo Connect provides an API-driven infrastructure platform that allows other healthcare providers to integrate pharmacy services, including prescribing, fulfillment, and delivery, directly into their own offerings. The company generates revenue through its pharmacy services and by providing its technology platform to other healthcare businesses.

Phlo has expanded through significant funding rounds, including a £10m Series A raise and a subsequent £9m investment in April 2024, led by Par Equity, Thairm Bio, and Scottish Enterprise. A key milestone was the acquisition of the UK assets of its competitor, TruePill, in March 2023, solidifying its market position. The company emphasizes a patient-centric approach, combining technology with accessible support from its team of pharmacists via phone, email, and live chat.

Keywords: digital pharmacy, prescription delivery, healthtech, online prescriptions, medication management, telehealth, pharmacy API, healthcare platform, pharmacy services, prescription fulfillment, digital health, on-demand treatment, chronic care management, patient care, remote treatment, clinical consultations, B2B healthcare, NHS integration, private prescriptions, medication delivery

Company overview

Phlo company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2015
Headquarters
Glasgow, United Kingdom
Employees
117
Open positions
6
Dealroom signal
89.3
client focusb2bclient focusb2ctechnologyMobile appsub industryPharmaceuticalsub industryHealth Platformsub industryLogistics & Deliverybusiness modelMarketplace & ecommerceindustryHealthsectorPharmacysectorBiotechnologysectorBiotech and PharmasectorDigital CaresectorHealth ItsectorDigital Pharma

Valuation & funding

Phlo funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Apr 2024 $12M $66M Scottish Enterprise Growth Investments · Thairm Bio Family Office · Par Equity
SERIES AEquity / VC Feb 2023 $13M $53M Thairm Bio Family Office
SEEDEquity / VC Sep 2021 $3M $12M Undisclosed
SEEDEquity / VC Nov 2020 $2.5M $10M Crowdcube
SEEDEquity / VC Nov 2019 $259K $1M Undisclosed
SEEDEquity / VC Mar 2018 Undisclosed
SEEDEquity / VC Aug 2017 Undisclosed
SEEDEquity / VC Nov 2016 Undisclosed
Showing 8 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 116
2025 99
2024 93
2023 80
2022 64
2021 52
2020 38
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Phlo website traffic

Latest recorded traffic for Phlo is 45K monthly website visits, up 66.7% over the last three months. Phlo's team grew 18.2% over the past year.

Latest monthly visits45K 3-month web change+66.7% 1-year team growth+18.2%
Monthly website visits76 observations · Feb 2020–Jul 2026
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Comparisons

Phlo compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Phlo's talent

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Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

7 investors on Phlo's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 1 investor entered at this stage
Series A 3 investors entered at this stage
Thairm Bio Family Office
Par Equity
Scottish Enterprise Growth Investments
Other known 3 additional known investors
PXN Group
Techscaler
World Solver Syndicate

Global footprint

Where Phlo has talent and traffic

Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom98.7%
🇦🇺 Australia1.3%
2 countries shown

In the news

Latest news about Phlo

Recent press, funding announcements, and product moves mentioning Phlo — open to read from the original sources.

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Market sentiment

What the market is saying about Phlo

An AI-synthesized read of the highest-engagement posts about Phlo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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