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Parity

Parity Revenue

Software DevelopmentFlag of CAToronto, Ontario, Canada21-50 Employees

$

Parity revenue & valuation

Annual revenue$4,000,000
Revenue per employee$82,000
Estimated valuation?$12,800,000
Total funding$24,800,000

Key Contacts at Parity

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Brad Pilgrim

Co-Founder - Ceo

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Rob Post

Vp Of Sales, Condo And Co-Op

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James Hannah

Managing Director, United States

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Sean Fleming

Director Of Measurement & Verification

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Marian Edmonds-Allen

Executive Director

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Brian Macleod

Co-Founder

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Benjamin Ryan

Director Of Product

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Xiao Xin Lin

Director Of Systems Integration

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Wright Richard

Executive Director

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Shane Kelly

Co Founder

Company overview

Headquarters579 Richmond St W, 200, Toronto, Ontario M5V 1Y6, CA
Phone number+18333727489
Websites
SIC737
Keywords
Saas, Incentives, Hotels, Hvac, Energy Management, Software, Energy Savings, Energy Efficiency, Condos, Machine Learning, Hvac Controls, Hvac Systems, Proptech, Hvac Optimization, Multifamily Buildings, Co-Ops, Ipvmp, Guaranteed Savings, Hvac Operations, Climatetech
Founded2016
Employees21-50
Socials

Parity Email Formats

Parity uses 4 email formats. The most common is {first name}.{last name} (e.g., john.doe@paritygo.com), used 52.6% of the time.

FormatExamplePercentage
{first name}.{last name}
john.doe@paritygo.com
52.6%
{first initial}.{last name}
j.doe@paritygo.com
21.1%
{first initial}
j@paritygo.com
18.4%
{first name}
john@paritygo.com
7.9%

About Parity

Parity is a remote HVAC Optimization as a Service company. Our software delivers guaranteed utility cost savings and maximizes revenue from demand response events. 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 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 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).

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Manager
Entry
Director

Employees by Department

Parity has 38 employees across 11 departments.

Departments

Number of employees

Funding Data

Explore Parity's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2022-11-111$5,800,000
2024-07-115$19,000,000

Funding Insights

$24,800,000

Total funding amount

$19,000,000

Most recent funding amount

2

Number of funding rounds

Parity Tech Stack

Discover the technologies and tools that power Parity's digital infrastructure, from frameworks to analytics platforms.

reCAPTCHA

reCAPTCHA

Security

Site Kit

Site Kit

Analytics

jQuery UI

jQuery UI

JavaScript libraries

Hotjar

Hotjar

Analytics

Zendesk

Zendesk

Documentation

jQuery Migrate

jQuery Migrate

JavaScript libraries

Cloudflare

Cloudflare

CDN

jQuery

jQuery

JavaScript libraries

HTTP/3

HTTP/3

Miscellaneous

PHP

PHP

Programming languages

WordPress

WordPress

Blogs

Kinsta

Kinsta

Hosting

Frequently asked questions

Parity is located in Toronto, Ontario, CA.
You can reach Parity at +18333727489.
Parity generates an estimated annual revenue of $4,000,000. This revenue figure reflects the company's market position and business performance in its industry.
Parity has an estimated valuation of $12,800,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Parity was founded in 2016, making it 10 years old. The company has established itself as a significant player in its industry over this time.
Parity has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.
Parity has raised a total of $24,800,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.

4.8

40,000 users

top 50
high performer
most used
tier 1 accuracy

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