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Overfunding
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Convertible round
Rather than investing and immediately receiving shares, in this round payments will be transferred directly to the company and shares issued at a future date. A convertible allows a company to raise funds without having to agree a valuation. For more information please view our FAQs.
Launched in late 2019, Phlo is on a mission to become the UK’s leading on-demand Digital Pharmacy. We empower patients to better manage their healthcare by helping them to easily order and track their prescriptions in real-time. Life can be difficult as it is, accessing your medication shouldn’t be.
- Phlo is the UK’s first large-scale, same-day delivery Digital Pharmacy
- 5 Star ratings on Trustpilot
- Average monthly patient growth of 43% in 2020 (4079 users in September)
- Secured contract with Babylon, the UK-leading Telemedicine provider
Idea
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Nadeem Sarwar, Founder of Phlo, experienced the frustrations and challenges with obtaining prescription medication. He was fed up going to the pharmacy where there was either no stock or long waiting times. Nadeem then founded Phlo, a patient first online pharmacy integrating with NHS Accredited systems to provide same-day, real-time delivery that fits around a patient's life.
29 million patients in England are on an NHS repeat prescription with a market value of £15.6 billion. With an ageing population, the market opportunity is substantial. Additionally, COVID-19 has greatly increased demand for telemedicine and digital pharmacy services. With 43% of adults in England on at least one prescription, Phlo is helping put patients back in control of their medication – anytime, anywhere.
Launched in late 2019, we want to make Phlo one of the UK’s leading digital pharmacies. We already serve over 4000 patients from Orkney To Jersey.
We are laser focused on patient care, reflected in our 5-star Trustpilot reviews. Our qualified pharmacy team are on hand through email, live chat and phone to support our patients.
Phlo provides the UK’s first large-scale real-time delivery service, enabling patients living within the London area to order and receive their medication within a 4-hour window.
It’s time to bring pharmacy into the 21st century and we’d love you to be part of our journey.
