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

ArcTern Ventures (Lead Investor)

RET Ventures (Lead Investor)

Wyse Meter Solutions (Lead Investor)

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
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.
Profile
Parity LinkedIn Company Profile
Social Media
Parity Company Twitter Account
Company News
Parity News
Facebook
Parity on Facebook
YouTube
Parity on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Brad Pilgrim
  Brad Pilgrim LinkedIn Profile  Brad Pilgrim Twitter Account  Brad Pilgrim News  Brad Pilgrim on Facebook
VP - Sales
Jon England
  Jon England LinkedIn Profile  Jon England Twitter Account  Jon England News  Jon England on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/17/2022: BYJU venture capital transaction
Next: 10/17/2022: Tapio Protocol venture capital transaction

 

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