Home›Companies›Phenix Real Time Solutions

Phenix Real Time Solutions, Inc.

Updated Oct 27, 2026·Latest SEC filing Jun 21, 2024·Suggest an edit

About Phenix Real Time Solutions

Phenix Real Time Solutions is a private company based in Chicago, Illinois. It has reported $60,356,198 raised in ten offerings on Form D since November 2015. Its chief executive is Roy Reichbach.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Jun 7, 2024Jun 21, 2024$3,350,000of $7.0M target20$167KDebt, Options, Securities on exerciseRule 506(b)Form D ↗
Dec 7, 2022Dec 15, 2022$12,429,586of $16.4M target16$776KEquity, note conversionRule 506(b)Form D ↗
Mar 1, 2021Mar 9, 2021$16,883,021of $20.5M target47$359KEquity, Series B Cumulative Participating Preferred Stock.Rule 506(b)Form D ↗
Aug 14, 2020Aug 18, 2020$3,000,000fully sold1$3.0MDebt, Securities on exerciseRule 506(b)Form D ↗
Nov 13, 2019Mar 19, 2020$7,547,995of $9.9M target26$290KEquity, Series A Cumulative Preferred Stock and Warrant to purchase shares of Series A Cumulative Participating Preferred Stock.Rule 506(b)Form D ↗
Feb 22, 2019Feb 28, 2019$4,117,723of $4.9M target6$686KEquity, Series A Cumulative Preferred Stock and Warrant to purchase shares of Series A Cumulative Participating Preferred Stock.Rule 506(b)Form D ↗
Mar 14, 2018Mar 28, 2018amended Aug 6, 2018$5,115,608of $5.2M target15$341KSecurities on exercise, Series A Cumulative Preferred Stock (may be converted to Common Stock)Rule 506(b)Form D/A ↗1 earlier filing
Jan 6, 2017Jan 17, 2017amended Apr 5, 2017$6,317,265fully sold11$574KEquity, Securities on exercise, Series A Cumulative Participating Preferred Stock (may be converted to Common Stock)Rule 506(b)Form D/A ↗1 earlier filing
Jul 25, 2016Aug 2, 2016$945,000of $2.0M target7$135KDebt, Securities on exercise, Convertible Notes exchangeable for shares of common stockRule 506(b)Form D ↗
May 11, 2015Nov 12, 2015$650,000of $1.1M target5$130KDebt, Securities on exercise, Convertible Notes exchangeable for LLC membership interestsRule 506(b)Form D ↗
Total, ten offerings$60,356,198

First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.

Leadership Team

Executive officers and directors listed on Phenix Real Time Solutions's Form D filed Jun 21, 2024.

DF
Darren Feher
Director
KB
Kyle Bank
Executive officer
KB
Keith Bank
Director
IP
Ian Penrose
Director
RR
Roy Reichbach
Chief Executive Officer and director
SB
DL
David Levy
Director

Earlier filings also listed Edward Hulina (director, last listed Mar 2021), David Rone (director, last listed Mar 2020), Tripp Welge (chief operating officer, last listed Feb 2019), Richard Kincaid (director, last listed Feb 2019) and John Burris (director, last listed Feb 2019).

Sources

  1. SECPhenix Real Time Solutions, Inc. Form D, filed Mar 28, 2018
  2. SECPhenix Real Time Solutions, Inc. Form D, filed Jan 17, 2017
  3. SECPhenix Real Time Solutions, Inc. filing history