About PRhobe
PRhobe makes RIoT, a tracking system for global logistics. It follows each item by serial number in real time. The price is pennies per item journey. The company aims it at item owners who want insight into where their goods are.
PRhobe is based in Orinda, California. Stephen Pearce, who holds a PhD, is chief executive officer. Devinder Bawa is chief business officer. Joe Molinari is on the team for industrial engineering.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Feb 23, 2026 | Oct 22, 2026 | $920,000fully sold | 16 | $57,500 | Simple agreements for future equity (post-money, valuation cap), convertible into capital stock of the issuer.Rule 506(b) | Form D ↗ |
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.
Why Investors Backed PRhobe
PRhobe sells item tracking for global logistics. The company's pitch is serial-number detail for pennies per item journey. Chief executive officer Stephen Pearce and chief business officer Devinder Bawa both worked at Zebra Technologies. The company is based in Orinda, California.
The problem it targets
PRhobe aims at disruption and shrinkage in supply chains. Its view is that tracking an item should cost only a fraction of that item's shipping cost, let alone its value.
What the product does
RIoT reports on items at serial-number level in real time. It is meant to reduce disruption and shrinkage, optimize supply chains and track carbon footprint. PRhobe's case is that operations see zero infrastructure disruption.
Progress so far
The team brings product experience from tracking and healthcare. Pearce was chief technology officer at Zebra Technologies and has led many research and development units in the $5 million to $250 million a year range. Bawa led healthcare RTLS and RFID work at Zebra and was a population health strategy executive at Cerner Corp. Joe Molinari has more than 25 years in industrial and mechanical design, including at Siemens Ultrasound and Acuson.
We wrote this summary from public statements by PRhobe and its investors. It is not investment advice.
Leadership Team
Executive officers and directors listed on PRhobe's Form D filed Oct 22, 2026.