Parity

paritygo.com

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).