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phlow

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Supplies affordable, quality, essential medicines through U.S.-based advanced manufacturing processes

Richmond, United StatesFounded 2020Biotech & Life Sciences
Valuation $100–250M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for phlow and the history behind them.

About phlow

Phlow Corp. is a U.S.-based startup that aims to revolutionize the pharmaceutical supply chain by focusing on the domestic production of Active Pharmaceutical Ingredients (APIs) and Finished Drug Products (FDPs). The company operates as a next-generation Contract Development and Manufacturing Organization (CDMO), providing research and development services for APIs and key starting materials. By doing so, Phlow seeks to streamline supply chains, reduce costs, and enhance the quality of essential medicines.

Phlow's primary clients include government agencies, healthcare providers, and pharmaceutical companies that require a reliable and resilient supply of critical medications. The company operates in the pharmaceutical and healthcare market, which has been historically dependent on foreign manufacturing for APIs. This dependency has led to vulnerabilities such as supply chain disruptions, price surges, and delays in foreign inspections.

Phlow's business model is built around creating a robust domestic supply chain for essential medicines. The company collaborates closely with the U.S. government to ensure a steady and secure supply of critical drugs, thereby mitigating risks associated with global supply chain disruptions. Phlow generates revenue through contracts with government entities and partnerships with healthcare providers and pharmaceutical companies. These contracts often involve the development, manufacturing, and supply of essential medications.

In addition to its core business, Phlow has earned B Corp Certification, underscoring its commitment to improving the quality, reliability, and accessibility of essential medicines. This certification highlights the company's dedication to social and environmental performance, accountability, and transparency.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Richmond, United States
Employees
114
Open positions
7
Dealroom signal
85.5/100
Industry
Health
Sub-industry
Pharmaceutical, BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Spinout, Biotech and Pharma, B Corp, DT and LS, science-based
Business model
Manufacturing
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Jul 2025 $37M $148M Align Private Capital ↗
SERIES BOther financing Apr 2023 $36M $144M Undisclosed ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

phlow website traffic

Latest recorded traffic for phlow is 3.3K monthly website visits, down 25% over the last three months. phlow's team grew 0.9% over the past year.

Latest monthly visits3.3K 3-month web change-25% 1-year team growth+0.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Align Private Capital

Other known investors1 additional known investor

  • Virginia Commonwealth University
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States98%
🇬🇧 United Kingdom1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about phlow on X, ranked by likes and reposts, corporate channels excluded.

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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