Parity

Parity is an energy company in Toronto, Canada, founded in 2016. It has raised $19.0M across 3 rounds, most recently a $19.0M Series B in June 2024.

Remote HVAC Optimization & Utility Cost Savings

Headquarters
Toronto, Ontario
Employees
51–200
Founded
2016
Business Model
B2B
Total Funding
$19.0M
Last Round
$19.0M Series BJun 2024
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 4 investors for this company. The full record is or through the API.

About

Parity provides HVAC optimization for multifamily buildings and hotels, helping reduce energy costs, improve building operations, and maximize demand response revenue. Its technology and service manage building energy consumption and grid interaction, support operational improvements, and reduce carbon emissions.

Summary

It lists 51–200 employees. It has raised $19.0M in total across 3 rounds, most recently a $19.0M Series B round in Jun 2024. Investors include Arctern Ventures, RET Ventures and Idealist Capital.

Tech & App Stack

7 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series BSeries BJun 2024
$19.0M

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Funding: Corporate Round through Series B. Amounts, valuations, and investors where available.

Investors

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