Parity Inc. Information

Parity is a remote HVAC Optimization as a Service company that uses software to deliver automatic energy and cost savings to multifamily residential buildings and hotels. We remotely control and optimize HVAC systems to deliver automatic energy savings and revenue to multifamily residential buildings and hotels 24/7/365. 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 175+ multifamily buildings (50,000+ units) and hotels in Toronto, NYC, Boston, and D.C. 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).