juna.ai | $7,500,000 | (Nov 21, 2024)
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Parity, Inc.
Canada
- Toronto, Ontario
- 12/06/2024
- Series B
- $19,000,000
Parity is a remote HVAC Optimization as a Service company. Our software delivers guaranteed utility cost savings and revenue from grid services to multifamily residential buildings and hotels. We remotely control and optimize HVAC systems to deliver energy-efficient levels of heating, ventilation, and cooling 24/7/365. As energy efficiency and GHG emissions regulations tighten, Parity opens new, low-cost opportunities for compliance and access to incentive programs.
Parity is currently trusted by 200+ multifamily buildings and hotels (65M SQFT) in Toronto, NYC, Boston, and D.C. On average, Parity saves building owners $50,000 in energy costs. Parity investors include Idealist Capital, ArcTern Ventures, Wyse Meter Solutions Inc. (Wyse), and RET Ventures. Parity has received various awards, including Wood and Mac - Companies to Watch (2019), Globe and Mail - Top Growing Companies 3 years in a row (2020-2022) The company was recently recognized as the first service provider to be awarded the designation of LEADER by the NYC Accelerator (2023).
- Industry Software Development
- Website https://www.paritygo.com/
- LinkedIn https://www.linkedin.com/company/parityinc/
Related People
Brad PilgrimCo Founder
Canada -
Toronto, Ontario
Experienced entrepreneur with a demonstrated history of working in the clean energy industry With a strong focus in Sales, Team Building, Operations Management, Start-ups, Strategy.
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