Funding Details
- Awarder
- Inbox
- Date Award
- June 11, 2024
- Vertical
- HVAC Optimization
- Funding URL
- View Funding Page
Company Info
- Founding Year
- Not provided in the memo
- Traction
- Parity has delivered measured energy savings across more than 65 million square feet of multifamily and hospitality real estate. They have been recognized for their innovative software and services, receiving nominations and awards in the clean tech industry.
- Organizations Involved
- Idealist Capital, ArcTern Ventures, Wyse Meter Solutions Inc., RET Ventures
- Founders
- Brad Pilgrim
- Company Description
- Parity is the leading remote HVAC Optimization as a Service company for multifamily buildings and hotels. They deliver guaranteed utility cost savings by remotely operating existing heating, ventilation, and cooling systems in real-time. Parity has a focus on geographic expansion across the United States and plans to target new verticals, including senior and student housing. Their goal is to drive automated building efficiency and grid interactivity.
- Market
- Real Estate
- Location
-
New York,
NY,
US
- Coinvestors
- Idealist Capital, ArcTern Ventures, Wyse Meter Solutions Inc., RET Ventures
Links