Phlo hits 3,846% growth, tops Fast 50 outside London
What's the deal? Glasgow digital healthcare company Phlo ranked ninth in the 2026 DeloitteDealroom has a profile for this one. Try Dealroom → UK Technology Fast 50 after posting three-year revenue growth of 3,846%. The annual awards rank the UK's 50 fastest-growing technology companies by revenue growth over three years.
What does Phlo do? The company describes itself as building "the operating system for global consumer healthcare," spanning Phlo ClinicDealroom has a profile for this one. Try Dealroom →, its direct-to-consumer arm, and Phlo Connect, its business-to-business clinical infrastructure.
Why it stands out: Phlo was the highest-ranked company from outside London and the South East, and led the Fast 50's healthcare and life sciences category. London headquartered two-thirds of this year's cohort.
The wider field: London fitness technology firm Magic AIDealroom has a profile for this one. Try Dealroom → topped the ranking with 19,774% growth, followed by warehouse robotics company Dexory at 17,687%. The 50 winners averaged three-year growth of 2,824% and combined 2025/26 revenues of £727m.
Why now? Entry is getting harder. This year's 50th-placed company recorded 708% growth — the highest threshold for entry since 2021, according to Deloitte.
What could go wrong? Reported growth drivers include a Holland & BarrettDealroom has a profile for this one. Try Dealroom → weight-management partnership and rising Phlo Clinic sales. But UK regulators have recently acted against online weight-loss providers over prescribing standards and promotion of prescription medicines, making clinical governance central to sustaining that pace.
The signal: The ranking is a strong growth marker, though it says little about profitability or durability. Kiren Asad, lead partner for the programme, said this year's winners show "the ambition and resilience of the UK technology sector" amid "a challenging economic backdrop" — and Phlo's placement signals that fast-scaling tech is spreading beyond the capital.
Read more: digit.fyi
Image credit: DFID - UK Department for International Development
