Tech Company Financing Transactions
Parity Funding Round
Parity, based in Toronto ON, secured $5.8 million from ArcTern Ventures, RET Ventures and Wyse Meter Solutions.
Transaction Overview
Company Name
Announced On
10/17/2022
Transaction Type
Venture Equity
Amount
$5,830,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
462 Wellington St. W 201
Toronto ON, m5v 1e3
Canada
Toronto ON, m5v 1e3
Canada
Phone
Website
Email Address
Not Recorded
Overview
At Parity we install a 'brain' in a building to adapt its energy use to the demands of its residents. This has the potential to save thousands of tonnes of CO2 from entering our atmosphere each year. We use AI to optimize building operations and provide our customers with data on the state of their mechanical systems and energy use.
Management Team
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