Established in 2017, Parity is an energy efficiency as a service. Developed algorithms guarantees energy savings (typically 20-30%) through constant commissioning of your HVAC systems.
Location: Canada, Ontario, Toronto
Phone: +1 833-372-7489
Total raised: $29.8M
Investors 2
| Date | Name | Website |
| 17.07.2021 | ArcTern Ve... | arcternven... |
| 25.10.2022 | RET Ventur... | ret.vc |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 11.06.2024 | Series B | $19M | - |
| 17.10.2022 | - | $5.8M | - |
| 02.05.2019 | - | $5M | - |
Mentions in press and media 8
| Date | Title | Description |
| 11.06.2024 | Parity Raises $19M in Series B Funding | Parity, a Toronto, Canada-based remote HVAC optimization as a service company for multifamily buildings and hotels, raised $19M in Series B funding. The round was led by Idealist Capital. The company intends to use the funds to focus on geo... |
| 17.10.2022 | Parity Raises CA$8M in Funding | Parity, a Toronto, Canada-based urban buildings sustainability company, raised CA$8M in funding. Backers included Wyse, RET Ventures, and ArcTern Ventures. The company intends to use the funds to scale its Canadian operations and expand the... |
| 29.11.2021 | Roth Capital Partners and Sustain SoCal to Host Sustainability Private Capital Virtual Event on December 2-3, 2021 | NEWPORT BEACH, Calif., Nov. 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Roth Capital Partners (Roth) and Sustain SoCal have teamed up once again to host the 4th Annual Sustainability Private Capital Event to be held virtually on Decemb... |
| 29.11.2021 | Roth Capital Partners and Sustain SoCal to Host Sustainability Private Capital Virtual Event on December 2-3, 2021 | Event to Feature a Range of Leading Private Sustainability Companies from Agtech, Energy, Environmental, Mobility, Transportation, and Water Verticals. NEWPORT BEACH, Calif., Nov. 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Roth Capita... |
| 09.07.2019 | Former Enercare CEO John Macdonald joins Parity as chair of the board | Parity, a Toronto-based computer software company using AI to reduce carbon emissions for condos and multi-tenant buildings, has appointed John Macdonald as the company’s chair of the board. “Parity is at the forefront of a true revolution…... |
| 02.05.2019 | Parity raises $5 million to make urban living sustainable | Toronto-based computer software company Parity, which uses technology to reduce carbon emissions for condos and multi-tenant buildings, has raised $5 million CAD to help with its goal of making urban living sustainable. “We’re taking half a... |
| - | Parity | “Remote HVAC Optimization as a Service | Parity, Inc.Parity” |
| - | Parity | “Energy Management as a Service for Condos and Multi family buildings, we can save up to 30% off your HVAC energy costs. Start saving now!” |