Phlo Systems
Phlo Systems is a London-based TradeTech SaaS provider offering AI-powered ERP, CTRM, trade finance, and customs compliance software to commodity traders, manufacturers, importers, and exporters across 51 countries.
- Company typePrivate
- Founded2017
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Phlo Systems does
Phlo Systems Limited, founded in 2017 in London as Satoshi Systems Ltd and rebranded in 2021, is a privately held TradeTech SaaS provider serving commodity traders, manufacturers, importers, exporters, and trade finance operators. The company operates a multi-product platform comprising opsPhlo (AI-powered ERP combined with CTRM for commodity traders), finPhlo (supply chain and trade finance management with multi-bank facilities), tradePhlo (international trade and customs declarations including HMRC CDS integration), and xPhlo (vertical-specific CTRM for grain, sugar, and metals), supported by sub-products including Declarations (UK CDS filing), Intelligence/customs-compliance.ai (AI-powered customs classification and FTA optimization across 70+ trade agreements), and the Phlo Assistant conversational chatbot. The architecture is cloud-native, multi-tenant with role-based access controls, and integrates Microsoft Entra ID SSO for enterprise customers. Underlying AI capability relies on ChatGPT/OpenAI integration for NLP and document processing, with a blockchain-settled live trade ledger operating across 51 countries and 80+ active deployments facilitating over £2.4B in trades. Regulatory validation includes UK FCA sandbox selection and Deutsche Bank trade-finance accelerator participation, with ISO 27001 implementation in progress as of April 2026 and SOC 2 Type II scoped for 2027.
The business model is modular subscription SaaS priced on usage with no upfront implementation cost, supplemented by phased professional services for deployment. Go-to-market combines direct enterprise sales with named customer-success teams, self-serve onboarding via app.phlo.io, and a content-led demand-generation strategy across 291 blog posts on six product sites. Customer segments are vertical-organized around commodity type and workflow rather than company size, with documented mid-market and enterprise customers spanning cocoa (Chocomac Ghana, Niche), agribusiness (Easy Access Trading), metals (Quadmet, Sunbeth), and broader commodity trading (Torq Commodities, MacConnal-Mason, EstoLink, Jaslyn Enterprise, SFI, Konexus Resources Group). The company has expanded geographically to a Rotterdam office in September 2023 and pursues capital through Angel Investment Network (2021), Crowdcube equity crowdfunding (May 2024), and a February 2025 investment from RJ O'Brien and Associates, while remaining founder-controlled without disclosed institutional venture backing.
Phlo Systems firmographics
Firmographics- Name
- Phlo Systems
- Legal name
- Phlo Systems Limited
- Website
- https://phlo.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Phlo Systems is a London-based TradeTech SaaS provider offering AI-powered ERP, CTRM, trade finance, and customs compliance software to commodity traders, manufacturers, importers, and exporters across 51 countries.
- Ownership category
- akta.pro rank
Phlo Systems industry classification
Industry- Product category
- TradeTech Software (Commodity Trading ERP/CTRM)
- NAICS
- Software Publishers (51321)
- akta.pro primary industry
- Distribution & Wholesale ERP (Inventory, Order, Warehouse) (HDAEAEAC)
- akta.pro secondary industries
- Manufacturing ERP (Discrete, Process, Batch) (HDAEAEAB), Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)
Keywords
Where Phlo Systems is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Phlo Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscriptions: Multi-product SaaS platform with modular pricing. Customers can subscribe to opsPhlo, finPhlo, tradePhlo, and xPhlo individually or as integrated suite. Pricing scales with usage and deployment scope.
- Implementation Services: Phased implementation with discovery, configuration, data migration, UAT, training, and hypercare phases. Dedicated customer-success team assigned to each deployment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | scalable SaaS pricing model |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Phlo Systems product offering
Product offeringCore offering
Phlo Systems operates an AI-powered multi-product SaaS platform for commodity trading operations. The platform delivers integrated ERP, CTRM (commodity trade and risk management), supply chain trade finance, and customs compliance automation through four core products: opsPhlo (ERP/CTRM), finPhlo (trade finance), tradePhlo (customs and declarations), and xPhlo (specialized CTRM for commodity processors). Customers include commodity traders, manufacturers, importers, and exporters operating across 51 countries with £2.4B+ in trades facilitated on the platform.
Product overview
Phlo Systems offers a multi-product AI-powered platform architecture for commodity trading operations. The core portfolio comprises opsPhlo (combined ERP + CTRM), finPhlo (trade finance and supply chain finance), tradePhlo (customs and compliance), and xPhlo (specialized commodity CTRM). Supporting sub-products include Declarations (UK CDS filing), Intelligence (AI customs compliance), and Phlo Assistant (AI chatbot). The products share data architecture enabling customs declarations to feed directly into contract management, trade finance, and accounting. The company was previously known as Satoshi Systems, with MINERVA as the original product platform.
Differentiator
Problem solved
Functional benefit
Brands
- opsPhlo: AI-powered ERP and CTRM solution for commodity traders, manufacturers, and exporters. Handles operations, logistics, and trade management.
- finPhlo
- xPhlo
- tradePhlo
- customs-compliance.ai
Products and services
- opsPhlo AI-powered ERP and CTRM platform combining commodity trade risk management with enterprise resource planning for physical commodity traders, manufacturers, importers, and exporters. Handles trading operations, risk management, logistics, and trade management.
- finPhlo Trade finance platform covering supply chain finance, receivables management, and multi-bank facilities for commodity trading operations. Manages trade finance lifecycle with multi-currency settlement and regulatory compliance.
- tradePhlo International trade and customs compliance platform for UK and global customs declarations, duty optimization, and FTA management. Includes Declarations sub-product integrated with HMRC Customs Declaration Service.
- xPhlo Commodity trading and risk management solution for specific commodity verticals including grain elevators, sugar refineries, and metals traders. Specialized CTRM offering with focus on physical commodities trading.
- Declarations UK CDS customs declaration submission platform integrated with HMRC systems for automated filing. Supports same-day customs signup and classification via self-service onboarding.
- Intelligence (customs-compliance.ai) AI-powered customs compliance and intelligence platform providing classification, duty calculation, and FTA optimization. Uses AI document processing to reduce customs clearance from 12 hours to 3 hours.
- MINERVA Original cloud-based complete business management solution for the physical commodity trading industry launched as a registered brand. Legacy product that has been superseded by the Phlo Systems product family (opsPhlo, finPhlo, tradePhlo, xPhlo).
Quantifiable outcome
- 65% reduction in documents per trade (22 to 8)
- +9 more outcomes
Companies that use Phlo Systems
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles5 records
Phlo Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability8 records
Feature9 records
Phlo Systems partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered flagship, core, major and minor.
- UK FCA Regulatory SandboxflagshipSelected for UK FCA regulatory sandbox. Core workflows built and stress-tested under direct regulatory oversight for compliance with financial regulations.
- Deutsche Bank Trade Finance AcceleratorflagshipSelected for Deutsche Bank trade-finance accelerator. Workflows stress-tested under institutional oversight for trade finance operations.
- Konexus Resources Group (KRG)coreGlobal commodity trading firm partnered to drive digital transformation and boost operational efficiency. November 2024 announcement of strategic partnership.
- FarmerlinecorePartnership to transform agricultural sector in Ghana and enhance traceability. Combines Phlo Systems' trade technology with Farmerline's farmer network for supply chain digitization.
- AcumaticamajorLaunched MINERVA platform in partnership with Acumatica as cloud-based complete business management solution for physical commodity trading.
- Microsoft Entra IDmajorEnterprise SSO integration via Microsoft Entra ID (formerly Azure AD) deployed for customers including Sunbeth and SFI. Provides SSO, MFA, and role-based access control.
- UK-Singapore Business NetworkminorInvited to participate in UK-SINGAPORE networking event hosted by Her Majesty's Trade Commission. UK-Singapore Economic Prosperity Agreement context.
Scale indicators4 records
Recent moves8 records
Expansion highlights6 records
Phlo Systems competitors and assessment
Company assessmentBroad incumbents
- ION Group (ION Trading): Dominant legacy CTRM and treasury platform vendor (owner of Openlink, Allegro, Triple Point, Aspect) explicitly named by Phlo as the incumbent it competes against. Same commodity trading customer base with established enterprise relationships.
- Brady PLC: Legacy CTRM and commodity trading software vendor explicitly named by Phlo as a legacy competitor. Targets metals, soft commodities, and energy traders with on-premise and increasingly cloud offerings.
- Triple Point Technology (now ION): Legacy commodity trading risk management software now owned by ION Group; named by Phlo as a direct competitor. Same CTRM/ETRM domain overlap with opsPhlo/xPhlo.
- Murex: Enterprise trading, treasury, risk, and post-trade processing platform for capital markets and commodity traders. Comparable trade finance and CTRM capabilities to finPhlo and opsPhlo.
- Finastra: Large financial software provider with trade finance, corporate banking, and capital markets platforms (including Calypso). Competes with finPhlo in trade finance and supply chain finance.
- Openlink Financial (ION): Enterprise CTRM and treasury platform under ION Group serving the largest commodity traders and energy firms. Direct incumbent competitor across opsPhlo/xPhlo's core ERP+CTRM scope.
Direct peers
- Eka Software Solutions: Cloud-native CTRM and commodity trading platform with AI capabilities, serving physical commodity traders and processors globally. Direct head-to-head with opsPhlo/xPhlo in cloud-first commodity trading.
- Descartes Systems Group: Global trade compliance, customs filing, and logistics platform with Visual Compliance and CustomsInfo products. Closest scale competitor to tradePhlo in customs declarations and FTA optimization.
- Avalara: Tax compliance and trade/customs automation platform with HS classification, duty calculation, and FTA features comparable to tradePhlo/Intelligence. Publicly listed incumbent in customs intelligence.
- E2open (formerly GT Nexus): Global trade and supply chain management platform providing logistics, customs, and trade finance orchestration. Comparable end-to-end trade operations platform to Phlo's integrated suite.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Phlo Systems social profiles
Digital presencePhlo Systems compliance and trust
Trust signalCompliance3 records
Phlo Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phlo Systems leadership team
Management profileNumber of profiles
Profiles4 records
Phlo Systems subsidiaries and ownership
Company hierarchySubsidiaries5 records
Phlo Systems funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phlo Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phlo Systems
What does Phlo Systems do?
Phlo Systems operates an AI-powered multi-product SaaS platform for commodity trading operations. The platform delivers integrated ERP, CTRM (commodity trade and risk management), supply chain trade finance, and customs compliance automation through four core products: opsPhlo (ERP/CTRM), finPhlo (trade finance), tradePhlo (customs and declarations), and xPhlo (specialized CTRM for commodity processors). Customers include commodity traders, manufacturers, importers, and exporters operating across 51 countries with £2.4B+ in trades facilitated on the platform.
Is Phlo Systems a public or private company?
Phlo Systems is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Phlo Systems founded?
Phlo Systems was founded in 2017. It employs 11 to 50 people.
Where is Phlo Systems based?
Phlo Systems is headquartered in London, United Kingdom, in the Europe region.
How does Phlo Systems make money?
Two revenue lines are on record. SaaS Platform Subscriptions are the primary driver. The others are implementation Services.
Who are Phlo Systems's main competitors?
Broad incumbents on record are ION Group (ION Trading), Brady PLC, Triple Point Technology (now ION), Murex, Finastra and Openlink Financial (ION). Direct peers are Eka Software Solutions, Descartes Systems Group, Avalara and E2open (formerly GT Nexus).
Does Phlo Systems have an API?
No public API is recorded for Phlo Systems.
What industry is Phlo Systems in?
Phlo Systems's product category is TradeTech Software (Commodity Trading ERP/CTRM). Its primary akta.pro industry code is HDAEAEAC, Distribution & Wholesale ERP (Inventory, Order, Warehouse), with a secondary code of HDAEAEAB, Manufacturing ERP (Discrete, Process, Batch). Its NAICS code is 51321.