Parity Inc.

📍 Toronto, Canada🗓 Founded 2016👥 28 employees💰 Last funded May 2019
Software Development🌐 paritygo.com
Website LinkedIn
Parity is a remote HVAC optimization company that uses software to deliver automatic, guaranteed energy and cost savings to multifamily residential clients and hotel owners. By combining real-time data, automation, remote measurement and control, and expert advising, we slashes energy usage and CO2 emissions while reducing on-site staff workloads. With Parity, building owners have their HVAC micromanaged while monitoring performance and controlling set points remotely, requiring minimal time and attention from facility staff Parity’s energy experts act as an extra line of protection for your building’s HVAC, tracking patterns to identify potential system issues and sharing insights to lock in future savings. As energy efficiency and greenhouse gas emissions regulations tighten, Parity opens new, low-cost opportunities for compliance and access to government incentive programs. Parity is currently trusted by over 200 multifamily buildings (50,000+ units) in Toronto and NYC. On average, Parity saves building owners $50,000 in energy costs. Parity investors include ArcTern Ventures, Wyse Meter Solutions Inc. (Wyse) and RET Ventures. Parity has received various nominations such as: 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).
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Total investors
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Early stage
2
Mid stage
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Late stage
2016
Founded

Investors

2 investors
All
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Mid stage
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Investor geography1 country
Canada
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Frequently asked questions
Who invested in Parity Inc.?
Parity Inc. has 2 investors on record on gritt.io, 2 mid-stage.
When did Parity Inc. last raise funding?
The most recent investment in Parity Inc. recorded on gritt.io was in May 2019.
When was Parity Inc. founded?
Parity Inc. was founded in 2016.
What industry is Parity Inc. in?
Parity Inc. operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Parity Inc. based?
Parity Inc. is headquartered in Toronto, Canada.