About Parity
Parity is an HVAC Optimization as a Service company. We maximize energy efficiency in multifamily buildings and hotels.
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Toronto, Ontario
- Founded
- 2016
- Company type
- Privately Held
Parity is a remote HVAC Optimization as a Service company. We remotely control and optimize HVAC systems to deliver energy-efficient levels of heating, ventilation, and cooling 24/7/365. Our software delivers guaranteed utility cost savings and maximizes revenue from demand response events. As energy efficiency and GHG emissions regulations tighten, Parity opens new, low-cost opportunities for compliance and access to incentive programs.
Parity is the trusted energy management solution used by the largest owners and operators of large multifamily residential buildings and hotels across North America. We are approaching 100M SQFT of real estate under management.
Parity investors include Idealist Capital, ArcTern Ventures, Wyse Meter Solutions Inc. (Wyse), and RET Ventures. Parity has received various awards, including GlobeSt. Influencers in Multifamily 2025, 2025 Property Maintenance Innovation of the Year, 2025 Proptech 30 Recipient, and Globe and Mail - Top Growing Companies 3 years in a row (2020-2022). Parity was recognized as the first service provider to be awarded the designation of LEADER by the NYC Accelerator (2023).
Specialties
- HVAC
- Energy Savings
- Energy Efficiency
- PropTech
- IPVMP
- Co-Ops
- Condos
- HVAC Operations
- Machine Learning
- Hotels
- Incentives
- SaaS
- Software
- Guaranteed Savings
- HVAC Systems
- HVAC Optimization
- Multifamily Buildings
- Energy Management
- ClimateTech
- and HVAC Controls
Company locations
579 Richmond St W, 200, Toronto, Ontario M5V 1Y6, CA
21 W 46th St, #503, NYC, NY 10036, US
Locations listed on the company profile. These may include offices outside Canada, and not every location is hiring.
On LinkedIn
- Followers
- 7,567
- People linked to this company
- 54
People who list this company on LinkedIn, not a verified employee count. Figures reflect the saved company profile.
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Employer category
Other employer
Estimated from the company profile. This category has not been confirmed by the employer.