Parity Projects

What Parity Projects does

Parity Projects is a UK-based consultancy founded in 2005 that provided energy conservation and property retrofit analysis services, with operations centered in London. The firm developed proprietary capability to analyse address-level property data in order to identify, assess, and model which individual properties required retrofit measures — including clean heat interventions — and to quantify the benefits of those interventions. Its primary customer base consisted of UK housing-sector organizations: housing associations, local authorities, and private landlords seeking to retrofit residential stock for energy efficiency, emissions reduction, and fuel poverty alleviation.

The company's core technology was address-level property data analysis combined with retrofit modeling, supported by complementary software platforms. Parity Projects operated with a small specialist team of 11-50 employees and a vertical go-to-market focused on property owners and managers in the UK housing sector. The value proposition targeted the operational problem of identifying which properties to retrofit, assessing retrofit needs, and planning and tracking delivery of retrofit programs.

In 2024, Parity Projects was acquired by Cotality, a property data and analytics company, ending its operation as an independent entity. The acquisition built on a prior strategic partnership and was driven by what Cotality described as strong synergies between complementary software platforms. Following the transaction, Parity Projects' products and services were embedded into Cotality's Retrofit 360° solution, which provides address-level retrofit analytics to housing associations, local authorities, private landlords, and retrofit services providers as part of Cotality's broader UK property data ecosystem. No revenue, funding, or pricing data was disclosed for the standalone entity.

Name

Parity Projects

Legal name

Parity Projects

Website

http://www.parityprojects.com

Company type

Private

Founded year

2005

Operating status

Acquired

Headcount range

11–50 employees

Short description

Parity Projects is a UK-based consultancy (founded 2005) that analyzed address-level property data to identify, assess, and model housing retrofit measures for housing associations, local authorities, and private landlords. It was acquired by Cotality in 2024 and is now part of Cotality's Retrofit 360° solution.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations

Distribution channels1 record

Marketing channels1 record

Core offering

Parity Projects provides address-level property data analysis and retrofit modeling services to identify, assess, and model properties for energy efficiency upgrades and clean heat transitions. Following its 2024 acquisition by Cotality, its offerings are embedded in Cotality's Retrofit 360° solution, supporting housing associations, local authorities, and private landlords in planning and delivering retrofit programs at scale.

Product overview

Parity Projects operated as a property retrofit technology company focused on analyzing address-level property data to identify, assess, and model retrofit needs and benefits, including clean heat solutions. In 2024, Parity Projects was acquired by Cotality (formerly part of CoreLogic). Parity's products and services are now embedded within Cotality's Retrofit 360° solution, which provides an integrated retrofit data journey and drives analysis at scale for social, environmental, and economic benefits of retrofit.

Differentiator

Problem solved

Functional benefit

Products and services

• Parity Projects (Retrofit 360°) Property retrofit analysis and modeling solution that analyzes address-level data to identify, assess, and model properties to understand the need for and benefit of retrofit measures, including clean heat. Now integrated into Cotality's Retrofit 360° solution for housing associations, local authorities, and private landlords.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• CotalitycoreStrategic or Co-development Partner · 1 January 2024Parity Projects was acquired by Cotality in 2024. The acquisition built on a successful strategic partnership and allowed both parties to benefit from each other's expertise, strengths and industry position. Parity Projects' services are now embedded in Cotality's Retrofit 360 solution, providing address-level data analysis to identify, assess and model properties for retrofit measures including clean heat. Russell Smith, founder and MD of Parity Projects, noted strong synergies between the complementary software platforms.

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Energy Saving Trust: UK organization providing advice, analysis, and program delivery on domestic energy efficiency, retrofit, and clean heat. Comparable as a UK-wide body operating at the intersection of housing energy data, retrofit programs, and policy delivery.
• BRE Group: UK building science research and consultancy organization (Building Research Establishment) offering standards, certification, and advisory services across the built environment. Comparable as a broad incumbent with deep involvement in housing energy performance, retrofit standards, and building-level analysis.
• Carbon Trust: Established UK-based climate and energy consultancy advising organizations on decarbonization, energy efficiency, and net-zero strategy. Comparable as a broader energy/climate advisory incumbent overlapping with Parity Projects' housing decarbonization and clean heat mandate.
• Cotality: Parent company and broad property data/analytics incumbent (formerly part of CoreLogic) that acquired Parity Projects in 2024. Operates a wide portfolio across mortgage lending, insurance, surveying, marketing, and retrofit; Parity Projects' capabilities now sit inside Cotality's Retrofit 360° solution.
• Anthesis Group: Global sustainability consultancy advising corporates and public sector clients on decarbonization, climate strategy, and ESG. Comparable as a broad incumbent with a sustainability and energy efficiency practice that overlaps with Parity Projects' housing decarbonization work.

Direct peers

• Sava: UK energy management and retrofit-focused software platform serving social housing providers and landlords. Directly comparable as a B2B SaaS/data analytics platform enabling housing retrofit planning and delivery for the same customer segments.

Emerging players

• Switchee: UK-based provider of smart thermostats and housing data analytics targeted at social housing landlords and housing associations. Comparable as a UK-focused, housing-sector data and analytics player addressing retrofit and energy efficiency, though with a different primary data capture method (in-home devices vs. address-level property modeling).

Others

• Centre for Sustainable Energy (CSE): UK charity providing independent advice, research, and program support on energy efficiency, fuel poverty, and community-scale decarbonization. Comparable as a UK ecosystem participant addressing household-level energy retrofit, though operating primarily as an advisory and program delivery body rather than a commercial SaaS provider.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/parityprojects

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Parity Projects