Emerging and High Growth Companies

Parity in its $8 million financing from strategic investors

Parity Inc.

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Expertise
Emerging and High Growth Companies Technology
Key Contact
Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Team
Joshua Blatt

Associate, Corporate, Montréal

 

On October 11, 2022, Parity Inc. announced it had closed $8 million in financing, strengthening its position as a leader in heating, ventilation, and air conditioning (HVAC) optimization for multi-tenant buildings. With this financing from Wyse, a leading expert in utility information, RET Ventures, a leading real estate technology investment firm, and other investors, Parity will scale its Canadian operations and expand the reach of its Sales-as-a-Service (SaaS) HVAC control technology throughout the United States.

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 Hugo-Pierre Gagnon and Joshua Blatt (Corporate).

Value
$8 million
Date Closed
October 11, 2022
Lead Office
Montreal
Key Contact
Hugo-Pierre Gagnon

Partner, Corporate, Montréal

Team
Joshua Blatt

Associate, Corporate, Montréal

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