We have seen our repeat monthly revenue grow from 4 figures to six figures in less than 12 months. The feedback from patients has been humbling and I am delighted that we happened to have the right service at the right time to give our patients certainty and control in an otherwise uncertain time. I am very proud of our team for the small role we have played in helping patients access their medication during lockdown and in particular those who were shielding but still required their repeat medication. Covid-19 accelerated our growth in ways we could never have foreseen. We always believed that once a patient had experienced the quality and convenience that Phlo offers they would not return to the old ways of accessing their medication. It accelerated the adoption of online services across all sectors in society including Pharmacy. Then Covid-19 happened which changed everything. When we launched, we believed there was market demand for a more reliable, convenient, and patient-centered digital Pharmacy experience however we always thought that this was a “generational” business, and our model although not common today would be the future of the sector. We launched Phlo Digital Pharmacy in late 2019 as the UK’s first online pharmacy providing same-day delivery of prescriptions within a 4-hour timeslot in London empowering our patients to track their medication in real-time from our Pharmacy to their door. How have things been the last year at Phlo? Hi Adam, we have previously spoken to some of your colleagues at Phlo, but this is our first time getting to know you a little bit more. Phlo has seen phenomenal growth over the last year due to COVID-19 and has helped to have a significant impact on people's lives throughout the pandemic due to the launch of their Digital Pharmacy.īrian from Nine Twenty Technology caught up with Adam Hunter last week to find out more about the past year, where Phlo is headed… and most importantly, finding out a bit more about him! Previously Nine Twenty collaborated with Phlo with aiding to build their technology team, but this time we’ve had the pleasure of helping Adam Hunter in the recruitment of digital and design roles. Please seek independent advice as required as Crowdcube does not give investment or tax advice.An Interview with Adam Hunter from Phlo Technologies Restrictions and Crowdcube's limitation of liability are set out in the Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Public and investments can only be made by members of on theīasis of information provided in the pitches by the companies concerned.įurther restrictions and Crowdcube's limitation of liability are set out in Pitches for investment are not offers to the (FCA) and the Comisión Nacional del Mercado de Valores (CNMV). Phlo digital pharmacy full#Please click here to read the full Risk Warning.Ĭrowdcube is authorised and regulated by the Financial Conduct Authority To invest via Crowdcube once you are registered as sufficiently sophisticated. These risks and make their own investment decisions. Crowdcube is targetedĮxclusively at investors who are sufficiently sophisticated to understand Should be done only as part of a diversified portfolio. Illiquidity, lack of dividends, loss of investment and dilution, and it Investing in start-ups and early stage businesses involves risks, including It’s time to bring pharmacy into the 21st century and we’d love you to be part of our journey. 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. Our qualified pharmacy team are on hand through email, live chat and phone to support our patients. We are laser focused on patient care, reflected in our 5-star Trustpilot reviews. We already serve over 4000 patients from Orkney To Jersey. Launched in late 2019, we want to make Phlo one of the UK’s leading digital pharmacies. With 43% of adults in England on at least one prescription, Phlo is helping put patients back in control of their medication – anytime, anywhere. Additionally, COVID-19 has greatly increased demand for telemedicine and digital pharmacy services. With an ageing population, the market opportunity is substantial. 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.Ģ9 million patients in England are on an NHS repeat prescription with a market value of £15.6 billion. He was fed up going to the pharmacy where there was either no stock or long waiting times. Nadeem Sarwar, Founder of Phlo, experienced the frustrations and challenges with obtaining prescription medication.
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