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Parity, Inc.
Parity, Inc. is a remote HVAC Optimization as a Service company founded in 2016, based in Toronto, Ontario, with an office in New York, USA. The company focuses on reducing energy waste in heating, ventilation, and cooling systems for large residential and hospitality buildings. Parity aims to transform continuously occupied buildings into Grid-Interactive Efficient Buildings (GEB) by providing a user-friendly service that lowers utility costs, enhances building operations, and decreases greenhouse gas emissions. The core offering is the Optimizer Service, which optimizes HVAC systems around the clock to achieve automatic utility savings and improve operational efficiency. Parity's cloud-based platform utilizes artificial intelligence and real-time data to micromanage HVAC systems, ensuring reduced energy usage and CO2 emissions. Key components include control optimization software, real-time monitoring, and the Parity Insights dashboard for building owners. The company serves multifamily residential clients and hotel operators primarily across North America, with a commitment to enhancing energy management and occupant comfort.
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$4M