Glasgow-based digital pharmacy raises another £9 million

Phlo has closed a £9m funding round, accessing additional investment to help scale the digital healthcare group.

This latest financing comes 14 months after the completion of a £10m Series A raise, and 12 months after the acquisition of the assets from a former competitor, TruePill UK.

It also follows a year of growth across multiple verticals, with the launch of new products in women’s health, weight management and on-demand prescribing.

The latest round’s lead investor was Par Equity, which made a significant investment from its recently-announced £100m venture capital fund. It was joined by Thairm Bio and Scottish Enterprise.

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