On June 12, 2024, Parity Inc. announced that it closed its $25 million Series B financing round led by Idealist Capital, joining current investors ArcTern Ventures, Wyse Meter Solutions, and RET Ventures. The proceeds of this financing will be used towards advancing the creation of Grid-Interactive Efficient Buildings through HVAC optimization in the multifamily and hospitality sectors, Parity’s continued expansion in the United States, as well as targeting new verticals, including senior and student housing. Additionally, Parity plans to continue rolling out new products and services to further drive automated building efficiency and grid interactivity.
Parity Inc. is the leading proptech solution optimizing HVAC operations in mid-rise and high-rise apartment buildings and hotels.
Osler, Hoskin & Harcourt LLP advised Parity Inc. with a team consisting of HP Gagnon, Josh Blatt (Corporate) and Bradley Sendel (Emerging and High Growth Companies).
Key Contact
Partner, Corporate, Montréal
Team
Associate, Corporate, Montréal
Associate, Emerging and High Growth Companies, Montréal
