BetterHome delivers a comprehensive, digital one-stop-shop service in partnership with key players in the construction value chain, including banks. BetterHome started in Denmark in 2014 as an initiative by four leading Danish companies Danfoss, Grundfos, ROCKWOOL and VELUX and was already profitable after just 3 years. Today, they have a network of more than 3,500 installers, seven banks and three utilities.
Initially, the main focus for the BetterHome model was deep renovation projects of single-family houses, but the business model is now being redeveloped to support renovation projects of multifamily buildings as well.
For single- family houses the average project investment is approximately EUR 70,000 with energy savings of approximately 30 – 70%.
Niels Kåre Bruun