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Eco Approach Acquires AI Retrofit Tech Leader Propflo to Accelerate Energy Efficiency in UK Properties
Eco Approach, a national leader in energy performance certification and domestic retrofit, has announced the acquisition of Propflo, an award-winning AI startup helping property and finance professionals understand their property portfolios and engage their customers in energy efficiency.
This strategic acquisition comes at a critical time. With energy prices still 51% higher than in 2021 and the UK government advancing minimum energy efficiency standards across the private and social rented sectors, the need for scalable, quality retrofit solutions has never been greater.
Together, Eco Approach and Propflo will deliver one of the most advanced full end-to-end retrofit services on the market — from smart portfolio analytics and digital customer engagement to in-home energy assessments and installation delivery. This partnership strengthens their ability to meet increasing demand while upholding industry-leading standards in quality and compliance.
Eco Approach carry out over 10,000 home visits per month, provides services for top energy suppliers, was recently awarded a Constructionline Gold Award for quality, has access to ECO4 funding, and was also ranked first for quality out of nineteen providers in a recent Procurement for Housing (PfH) framework (ranking second overall). Propflo complements this with an award-winning and market leading AI-powered retrofit-as-a-service platform with tools such as:
- GreenVal – a digital report on a property for landlords, homeowners and tenants where they can check the performance of their property, see the benefits of retrofitting, and get quotes for improvements.
- HomeHub – enabling property owners to manage works in one place as well as see the impact pre and post improvements with smart home monitoring.
- PortfolioAudit – for businesses to analyse their portfolio and track engagement of their customers.
“We’ve seen Propflo grow over the years and what Luke and Daniel have built is incredible. Myself and the entire team are excited to integrate the capabilities of Propflo into our services. With £250 billion needed for retrofit by 2050 and tightening regulations, tech enabled retrofit solutions will help us meet growing demand. – Tom Harrington CEO – Eco Approach
“Eco Approach has long been our preferred partner for certification and installations. This acquisition allows us to create an unmatched offering across portfolio analysis, digital engagement, certification, and quality retrofit for local authorities, housing associations, estate agents, lenders, mortgage advisors, and any other business interested in engaging their customers or employees in energy efficiency. I’m really looking forward to see the impact we’ll make with Tom and his team!” Luke LoveridgeFounder and CEO – Propflo
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