Parity Inc., a Canadian proptech company that focuses on HVAC operational optimization for mid-rise and high-rise multifamily and hotels, announced $5.8 million (CAD $8 million) funding round.

The company looks to scale up its Canadian operations and further expand south through the United States. Parity, founded in 2016, has grown to 150 covered assets in Canada and now more than two dozen apartment buildings in New

Investors in the round include Wyse, RET Ventures, and others. The new investors join ArcTern Ventures.

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