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This investment carries considerable risks and may lead to a loss of the entire assets invested. Projected returns cannot be guaranteed and may be lower than expected.

Mineko | Overview

Mineko digitally checks tenants' utility bills for errors and ensures that tenants get the refund they deserve.
Pitch Video

Since 2014, Mineko has checked over 4,500 utility bills for tenants. While doing so, we have noticed that 9 out of 10 bills are incorrect. Consequently, tenants in Germany pay a total of €5 billion in excess of the actual utility costs each year. Mineko helps clients get this money back.

Key Investment Facts


Crowd Voting

Mineko offers its Companists a special safety net, crowd voting, thus reducing the risk for Companists and strengthening their role as investors.

Mineko will receive 2/3 of the investments immediately after the campaign. The last third will be deposited in an escrow account protected against insolvency, and it will not be paid out before the Companists have agreed to the payout by means of a majority decision (weighted according to investment amounts).

The vote is scheduled to start 6 months after the end of the crowdfunding campaign. At the request of Mineko, the vote may also take place earlier than that. If the Companists do not agree to the payout, the remaining third will be repaid to them free of charge.

It is up to the Companists to decide whether the remaining third will be paid out to Mineko, which will increase the Companists' share, or whether the remaining third will be repaid to the Companists, thus causing their share to remain 2/3 of the total investment. To help the Companists make an informed decision, Mineko will report on its business development in an investor update.

We at Mineko have deliberately decided to offer crowd voting. We are convinced that we will achieve a successful market launch of our technology, and we want you to judge us by the success of our work. Therefore, we believe crowd voting is a great idea and will increase our investors‘ confidence in Mineko.


Roughly 20 million apartments in Germany are private rental apartments. Only very few tenants are aware of the exact legal basis for their utility bill. In most cases, tenants trust the values listed in their utility bill and are happy when they get a refund. However, almost all utility bills are incorrect as our analyses have shown. As a result, the majority of German tenants pay too much for utilities each year.


The problem


This problem is due to the management of rental property. Looking at the billing process, one notices the root of the problem: Property owners use standardized processes and software to manage rental apartments. Indeed, utility billing is a mass market, and individual factors are not constantly checked or taken into account. This lack of case-by-case assessment leads to systematic errors in utility bills at the expense of private tenants. Costs that may not be passed on to tenants or incorrect distribution of costs between tenants are but a few examples of common errors. In addition, landlord and tenant law is frequently changing because of new laws, so landlords are rarely aware of the most recent rules and regulations themselves.

Finally, the German Federal Court of Justice (BGH) has recently decided (BGH VIII ZR 93/15) to reduce the formal requirements for utility bills. This means that utility bills no longer have to include any details and explanations related to the calculation of the total costs that may be distributed between tenants. As a result, it will become even more difficult for tenants to understand and check their utility bill in the future.

The fact that demand for the Mineko (whose name is based on the German term "Mietnebenkosten" – utilities) service is increasing shows that tenants are becoming increasingly aware of this problem. In 2015, we saw our business grow by 150 %, and our website is currently visited by 30,000 people each month. The 4,500 utility bills we have checked so far have shown that 9 out of 10 utility bills are incorrect. To date, Mineko has enabled its clients to receive a total of €1.1 million in refunds on their utility bills.


User Traffic


Mineko provides tenants with a fast and easy way of having their utility bill checked by experts. Moreover, Mineko educates people in terms of utilities and provides private tenants with a reliable analysis of their bills that is also digital and convenient.

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Please note

The acquisition of the offered securities and investments is associated with considerable risks and can lead to the complete loss of the invested assets. The expected yield is not guaranteed and may be lower. Whether it is a security or an asset investment can be seen in the description of the investment opportunity.
Contact Us
If you have any questions about investing on Companisto, please contact our service team:

Toll-free phone number for investors calling from Germany:
0800 - 100 267 0

Companisto investors hotline:
+49(0)30 - 346 491 493

We are available Monday through Friday between 9 a.m. – 6 p.m.