We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Technology

Phlo

Status: Active

Oct 12th 2020 - Nov 11th 2020

22 days left

Phlo is a digital pharmacy portal. Founder Nadeem Sarwar launched Phlo in 2019 after having faced the challenges with obtaining prescription medication from retail stores where there was either no stock or long waiting times. Phlo aims to become the UK’s leading on-demand 'Digital Pharmacy' platform. It is integrated with the National Health Service's (NHS) accredited systems and enables patients living within the London area to order and receive their medication within a 4-hour window. Phlo serves more than 4000 patients from Orkney to Jersey. It has received a 5- star rating on Trustpilot and secured a contract with Babylon, a leading UK-based telemedicine provider. Phlo will use the investment to grow its business across different verticals and become one of the UK’s leading digital pharmacies.

read more read less

0 comments

Log in to comment


Funding progress



More from Technology

Coinrule is a smart assistant designed for millennials looking to automate their investments in cryptocurrencies, financial assets and build trading strategies without having to program a single line of code. The platform empowers regular traders and investors to compete with professional algorithmic traders and hedge funds. Users can pick 'building blocks' via a simple interface to create trading strategies which also get backtested on historical data. The company aims to make trading an accessible option for all. It has 13,000+ registered users on its portal, witnessed a $3.3 million Monthly Trading Volume (MTV) in July 2020 despite the COVID-19 pandemic, and raised a pre-seed of £200,000 from MKB Bank and two Angel Investors (AI) in 2019. It also won the ‘Best for Beginners 2020’ award by Cryptotrader. The company will use the investment to become a reliable investment ecosystem for users, activate paid growth channels based on influencer marketing and direct acquisition, validate upcoming product offerings, and keep building a strong interdisciplinary team.
pledged: 107% days to go: 39 investment: £269,451
Themis is a Regulatory Technology (RegTech) company that helps organisations mitigate the risk and impact of all forms of financial crime such as money laundering, bribery, corruption, cybercrime, theft, slavery/human trafficking, and fraud. The RegTech sector is expected to become a GBP 10 billion industry at the end of 2020. Themis aims to be a major contender in this segment and also plans to stop financial frauds that it asserts costs companies globally GBP 3.2 trillion every year. The platform is designed to provide insights on the latest threats, trends, and criminal techniques whilst helping clients complete due diligence on their clients, staff, and supply chains. Themis's key clients include Dow Jones, TSB, Fiserv, Mitmark, Ebury, Natwest Group, Acuris, Glasswall, Evolution AI, and Kingley Napley amongst others. The company envisages exiting via an Initial Public Offering (IPO) or selling to a technology company or to a big consultancy wanting to have a specialized Financial Crime (FC) arm to their business, including a RegTech solution
pledged: 37% days to go: 85 investment: £567,027
Invisage is a cloud-based platform that helps asset managers optimise their performance and research costs by identifying the true value of investment research. The company asserts that Directive 2014/65/EU has led to the investment research market falling from $16.5 billion to $14 billion as managers look to reduce costs and increase value. Invisage asserts that its platform helps asset managers identify, objectively measure ‘value’ added by research, and consume only high-impact research. The company also offers a web-based research consolidation, valuation and attribution solution that gives a quantitative assessment of value added by research to client portfolios. Invisage will use the investment to enhance deep learning-based Natural Language Processing (NLP) models that detect the implicit ideas from research narrative, build partnerships with data providers and other solution providers, and market scale its sales function
pledged: 75% days to go: 85 investment: £75,000
Superpow! is an online therapy platform that intends to shift away from the conventional and clinical form of mental health treatment. It is a platform that aims to help users find a matching therapist based on factors such as preferred language, ethnical background, sexual orientation, gender, age, symptoms. The app endeavours to match a user with a therapist quicker than any other app. The company estimates that 70 million workdays are lost each year due to mental health problems in the UK, costing employers approximately £2.4 billion per year. This scenario is further exacerbated due to COVID-19. Superpow! aims to change this situation. It will use the investment to finalise app development, scale the business within the UK as well as Europe, and enter the US market.
pledged: 46% days to go: 22 investment: £23,335
easyHire is a cloud-based technology platform that deals in event and construction equipment rentals. It possesses over 3 million pieces of inventory. easyHire is operating in the £23 billion equipment rental industry in Europe and aims to be the category leader in it. The company raised £1.5 million from leading investors and built a revenue-generating Software as a Service (SaaS) platform. It is backed by renowned entrepreneurs Sir Stelios Haji-Ioannou and Fabio Cannavale, as well as, venture capital firm Pilabs. The company owns brand exclusivity for the easyToolhire and easyEventhire franchises across 30 territories. It continued to strengthen its business during the COVID-19 pandemic in Italy. easyHire will use the investment to open up new markets, invest in product development, and boost its marketing initiatives.
pledged: 207% days to go: 32 investment: £414,077

  • £1,815,580
    pledged
  • 110%
    of goal

    £1,650,000
    target

    460
    investors

    £3,947
    pledge per investor

    SC496769
    company number

    Active
    company status

    04/02/2015
    incorporated 6 years

    Previous Funding rounds
    12 Oct 20 Crowdcube £1,815,580 / 110%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph