Slice of Real Estate

Parity

About Company

Parity is a remote HVAC Optimization as a Service company. We remotely control and optimize HVAC systems to deliver energy-efficient levels of heating, ventilation, and cooling 24/7/365. Our software delivers guaranteed utility cost savings and maximizes revenue from demand response events. As energy efficiency and GHG emissions regulations tighten, Parity opens new, low-cost opportunities for compliance and access to incentive programs. Parity is the trusted energy management solution used by the largest owners and operators of large multifamily residential buildings and hotels across North America. We are approaching 100M SQFT of real estate under management. Parity investors include Idealist Capital, ArcTern Ventures, Wyse Meter Solutions Inc. (Wyse), and RET Ventures. Parity has received various awards, including GlobeSt. Influencers in Multifamily 2025, 2025 Property Maintenance Innovation of the Year, 2025 Proptech 30 Recipient, and Globe and Mail - Top Growing Companies 3 years in a row (2020-2022). Parity was recognized as the first service provider to be awarded the designation of LEADER by the NYC Accelerator (2023).

Location:Toronto, Ontario
Number of employees:11-50
Founded:2016
Specialization:HVAC, Energy Savings, Energy Efficiency, PropTech, IPVMP, Co-Ops, Condos, HVAC Operations, Machine Learning, Hotels, Incentives, SaaS, Software, Guaranteed Savings, HVAC Systems, HVAC Optimization, Multifamily Buildings, Energy Management, ClimateTech, and HVAC Controls

People

Brad Pilgrim

Co-Founder & CEO