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Phlo Systems (former Satoshi Systems) was founded in Dec 2016 with an objective to provide intuitive, easy to use, inexpensive SaaS to the physical commodity trading industry with an objective to…

Phlo Systems (former Satoshi Systems) was founded in Dec 2016 with an objective to provide intuitive, easy to use, inexpensive SaaS to the physical commodity trading industry with an objective to…
Founded: 2016
Headquarters: United Kingdom
Core products: opsPhlo (ERP+CTRM), finPhlo (trade finance), tradePhlo (customs/declarations)
Employees (approx.): 46
Early funding: $1M seed (family office) + $1M Innovate UK grant (per company)
Physical commodity trading, international trade compliance, and trade finance operational inefficiency.
2016
Software Development
$1M
Described on company materials as a $1M seed investment from a family office.
$1M
Described on company materials as a $1M grant from Innovate UK.
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