a year ago

Phlo Secures £9 Million to Expand Digital Pharmacy Services

  • Phlo, a Glasgow-based digital pharmacy startup, has secured a £9 million investment to fuel its expansion across the health market

  • The funding round, led by Par Equity with participation from Thairm Bio and Scottish Enterprise, follows a £10 million raise in February 2023

  • Phlo plans to expand its UK operations geographically and explore new opportunities in healthcare, including an injectable weight loss treatment

  • The company has expanded its product suite to include a digital infrastructure platform for healthcare providers (Phlo Connect), on-demand access to clinicians (Phlo Clinic), and healthcare products tailored for women (Hello Eve)

  • Phlo acquired the UK assets of American competitor TruePill in April 2023, strengthening its position in the British digital pharmacy market.

      • ProblemHealthcare

      "making it hard for people to get professional medical advice and prescription medication conveniently and efficiently"

      Solution

      "Phlo is a digital pharmacy that provides ordering, managing and delivery tracking services for prescription medication, as well as a digital infrastructure platform for healthcare providers, on-demand access to clinicians, and healthcare products tailored for women"

      Covered on