Geovest

What Geovest does

Geovest S.R.L. is an Italian integrated urban waste management operator headquartered in Crevalcore (Bologna), serving 11 municipalities across the provinces of Bologna and Modena in Emilia-Romagna under ARERA-regulated municipal concessions. Its core business is door-to-door differentiated waste collection (paper, plastic, organic, residual), complemented by automated 24/7 Ecostation facilities, Centri di Raccolta (collection centers) for bulky and special waste, and a Stazione Mobile mobile collection van. The company's revenue base is the regulated Tariffa Rifiuti billed to households and businesses, supplemented by transaction-fee services (bulky waste pickup at €51.75, pet nappy collection at €34.50/yr) and a planned transition to a pay-as-you-throw Tariffa Corrispettiva Puntuale in Castel Maggiore starting January 2027.

Geovest's underlying technology stack combines physical infrastructure—microchip-equipped containers, electronic locking systems on specialized collection points (notably nappy/incontinence streams), automated compactors weighing waste at the Ecostation—with a citizen-facing digital layer including the Ataldegmè multilingual mobile app, the Sportello Online web portal accessible via SPID/CIE digital identity, and AI-animated avatar video guides in 7 languages. Data generated by microchip containers and Ecostation weighing flows into the unified IT system and feeds individualized tariff calculation.

The company is governed as a società a responsabilità limitata with €906,250 share capital and a Board of Directors; the 2024 bilancio closed with €371,339 in profit allocated entirely to reserves. Operating spend is anchored by a €13M+ 2025-2027 Triennial Plan covering 24 new Ecostation points and 7 requalified Collection Centers, of which €4.794M is funded through PNRR (EU Next Generation EU) grants. Customers are exclusively within the 11-municipality concession perimeter and consist of residential citizens, commercial/industrial businesses, and schools served by the Geoscuola environmental education program reaching 11,000+ students annually. Non-collection service lines span the Secondo Giro reuse program (in partnership with social cooperative La Piccola Carovana), home composting subsidies, the Riciccami cigarette-butt recycling pilot, and community participation campaigns (Passi Puliti, Attivi & Vincenti).

Name

Geovest

Legal name

GEOVEST S.R.L.

Website

https://geovest.it

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

51–100 employees

Short description

Geovest is an Italian integrated urban waste management operator serving 11 municipalities in the Bologna and Modena provinces under ARERA-regulated concessions, providing door-to-door collection, 24/7 Ecostation automated disposal, differentiated collection tracking via microchip-enabled containers, and digital citizen services through its Ataldegmè app and Sportello Online portal.

Ownership category

akta.pro rank

Headquarters

HQ city

Crevalcore

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Tariffa Rifiuti (Waste Tariff): Geovest operates under municipal service concessions, generating revenue through the regulated waste tariff (Tariffa Rifiuti) paid by households and businesses in 11 municipalities. The tariff includes fixed and variable components based on property size, household size, and (in municipalities with Tariffa Corrispettiva Puntuale) actual waste production measured via microchip containers or Ecostation weighing.
2. Fee-based services: Additional revenue from optional paid services including bulky waste collection at home (€51.75), pet nappy collection service (€34.50/year), and green waste collection subscriptions.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Geovest provides integrated urban waste management and environmental services under municipal concessions for municipalities in the Emilia-Romagna region of Italy. Its offering spans door-to-door differentiated waste collection, automated 24/7 Ecostation self-service drop-off points, microchip-tracked containers for individualized tariffs, digital citizen portals, bulky waste pickup, and community reuse and environmental education programs.

Product overview

Geovest is a municipal waste management company serving 11 municipalities in the Bologna and Modena provinces. The company's offerings consist of physical waste collection infrastructure (Ecostation automated 24/7 facilities, Centri di Raccolta collection centers, street containers with electronic locks) combined with digital services (Ataldegmè mobile app, Sportello Online portal). Core services include door-to-door waste collection, differentiated waste sorting, and tariff systems including the Tariffa Corrispettiva Puntuale (TCP) which links fees to actual residual waste produced. Supporting services encompass bulky waste pickup, home composting, green waste collection, the Secondo Giro reuse program, and the Passi Puliti community cleanup initiative. Environmental education programs include the Geoscuola initiative with diaries, notebooks, and activities for school children.

Differentiator

Problem solved

Functional benefit

Brands

• Ataldegmè: Mobile app for waste management services, available for Apple and Android devices.
• Ecostation
• Passi Puliti
• Secondo Giro
• Stazione Mobile

Quantifiable outcome

• 89% differentiated collection rate target by 2026 (up from ~77% current)
• +4 more outcomes

Named customers1 record

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Human Maple startupminorStrategic or Co-development Partner · 1 January 2026Young startup from Castelfranco Emilia developing the Riciccami project for collecting and recycling cigarette butts into thermal insulation and padding materials. Geovest provides collection container placement in strategic locations.
• Centro Socio Occupazionale La Piccola CarovanacoreStrategic or Co-development Partner · 18 November 2025Secondo Giro (Second Round) project partnership where La Piccola Carovana social cooperative prepares and repairs reusable items collected at Geovest collection centers. The project combines waste reduction with social inclusion, providing work opportunities for vulnerable individuals while giving objects a second life through markets and associations.
• LegambientecoreStrategic or Co-development Partner · 1 January 2025Collaborative partnership for RAEE (WEEE) and comic project in secondary schools. Legambiente provided expertise for educational comics created by students about proper electronic waste disposal.
• La LumacaminorStrategic or Co-development Partner · 1 January 2025Educator organization that coordinated Swap Party events at Istituto Archimede in San Giovanni in Persiceto, teaching circular economy and fast fashion topics.
• SelvabellacoreStrategic or Co-development Partner · 1 January 2025Partnership for Centro del Riuso (Reuse Center) project promoting circular economy and community welfare. The initiative gives a second life to usable objects through a collaborative community effort.
• ANCI (Associazione Nazionale Comuni Italiani)coreStrategic or Co-development Partner · 1 January 2015RAEE@scuola project promoter together with Centro di Coordinamento RAEE (CdC RAEE), supported by Ancitel Energia & Ambiente, with Ministry of Environment patronage. Geovest participates as local implementing partner for school RAEE collection programs.
• Centro di Coordinamento RAEE (CdC RAEE)coreStrategic or Co-development Partner · 1 January 2015National coordination body for WEEE management. Partner in RAEE@scuola project to educate students about proper electronic waste disposal and increase collection rates.
• Comune di CrevalcoreminorStrategic or Co-development Partner · 1 January 2014Collaboration for stork nest webcam project at the ecological oasis near Geovest headquarters. The project monitors the historic white stork nest that has been active since 2002.
• TernaminorStrategic or Co-development Partner · 1 January 2014Technical and financial support for the stork nest webcam project as part of Terna's environmental commitment.
• SusteniaminorStrategic or Co-development Partner · 1 January 2014Technical partner for the stork nest webcam project at the Crevalcore ecological oasis.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Others

• Legambiente: Major Italian environmental NGO and Geovest partner on RAEE school programs. Not a direct competitor but an ecosystem participant in environmental education and waste awareness that shapes the broader market Geovest serves.

Direct peers

• Veritas: Venice-area integrated waste and environmental services utility. Comparable as a publicly-controlled multi-municipality waste operator with door-to-door collection and recycling infrastructure.
• Contarina: Italian municipal waste management utility operating door-to-door collection and differentiated collection programs. Highly comparable in service model, scale (multiple municipalities in Veneto), and use of pay-as-you-throw tariff systems.
• Alia Servizi Ambientali: Tuscany-based municipal waste management company serving multiple municipalities with integrated collection, Ecostation-like facilities, and recycling programs. Closely comparable in business model and customer base (municipal concessions).

Broad incumbents

• Hera S.p.A. Large Italian multi-utility (water, waste, energy) headquartered in Bologna and operating across Emilia-Romagna. A direct geographic neighbor and potential concession competitor, but with a far broader portfolio.
• ACEA: Major Italian multi-utility with waste-to-energy and integrated waste services. Operates in central Italy and could expand into Geovest's geography through M&A or competitive tenders.
• Iren Ambiente: Waste management arm of Iren Group, one of Italy's largest multi-utilities. Operates integrated waste services across northern Italy and could compete for Geovest-area concessions.
• A2A Ambiente: Environmental services division of A2A Group (Lombardy-based multi-utility). Comparable waste management services at much larger scale; potential competitive entrant in Emilia-Romagna.

Regional players

• AMSA Milano: Municipal waste management company serving Milan, owned by A2A. Comparable in service breadth (door-to-door, Ecostation, environmental education) but operates in a larger urban context.
• ASIA Napoli: Municipal waste operator for Naples and surrounding municipalities. Comparable business model (municipal contract, door-to-door collection) but operating in a different geography (southern Italy).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/geovest-s.r.l.

Revenue estimate

Valuation estimate

Number of profiles

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 Geovest