Parity closed $19M Series B raise led by Idealist Capital to expand geographic presence and target new verticals.
Amount Raised
$19 Million
Round Type
Series B
TorontoEnergySoftwareInvestors
Description
Parity, a remote platform for multifamily and hospitality HVAC management, closed a $19 million Series B raise led by Idealist Capital. The funding will enable the company to focus on geographic expansion across the United States and target new verticals, including senior and student housing.
Quick answer
Parity raised $19 Million in a Series B round, dated June 11, 2024. Investors: Ret Ventures, Wyse Meter Solutions, Arc Tern Ventures and Idealist Capital. Parity is based in Toronto, Ontario, Canada.
- How much did Parity raise?
- Parity raised $19 Million in a Series B round on June 11, 2024.
- Who invested in Parity?
- Ret Ventures, Wyse Meter Solutions, Arc Tern Ventures and Idealist Capital are named as investors in this round.
- What does Parity do?
- Parity is a remote HVAC Optimization as a Service company.
- Where is Parity based and how big is it?
- Parity is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Parity?
- Fundz holds 1 contact at Parity. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Software around the same time
Companies in the same sectors as Parity that raised within 45 days of this round, from Fundz verified event records.
- Sustainable Metal Cloud (SMC) raised $950M (Funding Round) on July 26, 2024.
- epilot raised $11M (Funding Round) on July 10, 2024.
- ENEIDA.IO raised $11M (Series B) on July 5, 2024.
- Enverus raised $5.7M on May 24, 2024.
- Companion.energy raised $2.3M (Seed) on May 17, 2024.
- David Energy raised $16M on April 29, 2024.
Who to call at Parity, and when
A new round usually means Parity is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Parity raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Parity, from your own LinkedIn network
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Funding Insights
What this usually meansParity raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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