Gasable

What Gasable does

Gasable operates an AI-powered, multi-sided energy marketplace originally launched in Jordan in 2016 and now headquartered in Riyadh, Saudi Arabia. The platform connects over 3,000 energy suppliers with more than 1.6 million registered consumers and 4,000+ corporate buyers across Saudi Arabia, Jordan, the UAE, Pakistan, Ecuador, and Ethiopia, facilitating on-demand delivery of LPG cylinders, gasoline, diesel, water, EV charging, and renewable energy solutions. The technology stack includes consumer and driver mobile applications, enterprise B2B platforms (Business Solutions, Supplier Control, Logistics Control), the Powerly EV charging ecosystem, and proprietary IoT hardware (Smart Meter gas-level sensor and optical Tracking Device) that feed machine-learning models for demand prediction, route optimization, and anomaly detection.

The company monetizes through multiple streams: transaction fees on consumer orders (LPG, fuel, water), subscription-based enterprise access via the Business Solutions Platform with customized payment terms and credit facilities, usage-based fees on the Powerly EV charging network, referral/financing fees from supplier credit arrangements with partner financial institutions, and direct hardware sales (solar panels, EV chargers, batteries). Distribution is hybrid: direct-to-consumer through mobile apps on Google Play, Apple App Store, and Huawei AppGallery; enterprise field sales with dedicated Key Account Managers; and channel-style supplier and logistics partner portals that manage inventory, fleets, and deliveries.

Gasable's strategic positioning aligns with Saudi Arabia's Vision 2030, combining energy access, sustainability (UN Environment Award 2019), and digital infrastructure. The company was founded by Ali Ghnaim (CEO), Obieda Ghazal (CTO), and Amin Al-Zoubi, with Thamer Al-Yemeni as Chairman. A Series A of approximately $3.1 million was closed in December 2021, and the company has publicly signaled intent to relocate its headquarters to the U.S. and pursue a U.S. stock market listing. Operating headcount is reported at 51-100 employees, supplemented by a large network of contracted drivers and logistics partners, with revenue figures not publicly disclosed.

Name

Gasable

Legal name

Gasable

Website

https://gasable.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Gasable is a digital marketplace and AI-powered delivery platform connecting 3,000+ energy suppliers with 1.6M+ consumers and 4,000+ corporates across the Middle East, Africa, and South Asia for on-demand LPG, fuel, water, EV charging, and renewable energy products.

Ownership category

akta.pro rank

Product category

Energy Marketplace

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (221210), Fuel Dealers (457210)

SIC

Natural Gas Distribution (4924), Gas & Other Services Combined (4932)

akta.pro primary industry

Aggregator/Brokered Natural Gas Sales (Brokers, Marketers, Aggregators) (EUAAADAF)

akta.pro secondary industries

Natural Gas Retail Supply (Residential & SMB) (EUAGAGAD), Natural Gas Retail Supplier (Competitive) Marketing & Sales (EUAAADAB), C&I Retail Natural Gas Supply (EUAGACAB), Customer Care, Billing & CRM for Gas Retail (CX, Retention, Collections) (EUAAADAH)

Keywords

• On-demand energy delivery
• Digital energy marketplace
• LPG gas delivery platform
• EV charging network software
• Enterprise energy procurement

Headquarters

HQ city

Grand Cayman

HQ country

Cayman Islands

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Transaction Fees on Orders: Gasable charges transaction fees on orders placed through its platform for gas, fuel, water, and other energy products. The platform facilitates ordering and delivery tracking between suppliers and consumers, taking a commission on each transaction.
2. Enterprise Platform Subscriptions: Corporate customers pay for access to the Business Solutions Platform with features including centralized management, consumption monitoring, supplier diversity, financial integration, and dedicated account management. Customized payment solutions including advance payments, installments, and credit lines are offered.
3. EV Charging Platform Fees: Powerly app charges fees for access to charging station network, reservation services, and payment processing through the platform. Charging point owners pay for visibility and management tools.
4. Supplier Services and Financing: Suppliers benefit from financing options through partnerships with financial institutions, with Gasable facilitating access to credit facilities and earning referral/arrangement fees.
5. Product Sales (Solar, EV Chargers): Sale of energy products including solar panels, inverters, solar water heaters, EV chargers (AC/DC), batteries, cables, and related equipment through the platform marketplace.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels7 records

Core offering

Gasable operates a digital on-demand energy marketplace connecting individual consumers, corporate buyers, and logistics drivers with over 3,000 verified energy suppliers across LPG, fuel, water, EV charging, solar, wind, and hydrogen categories. The platform encompasses consumer mobile apps, multi-tenant B2B SaaS platforms (Business Solutions, Supplier Control, Logistics Control, Charging Points Management), and IoT hardware (Smart Meter, Tracking Device) for consumption monitoring, plus an EV-based fleet for door-to-door delivery. Revenue is generated through transaction commissions on consumer orders, enterprise platform subscriptions, hardware sales, and supplier financing arrangements.

Product overview

Gasable operates as an integrated energy marketplace platform offering multiple interconnected products across both digital platforms and energy sectors. The core offering consists of customer-facing mobile applications (Gasable App for customers, Driver App for delivery personnel) and enterprise B2B platforms (Business Solutions Platform, Supplier Control Platform, Logistics Control Platform) that together form a comprehensive energy delivery ecosystem. Supporting these platforms are specialized products including Powerly for electric vehicle charging management, IoT hardware (Smart Meter and Tracking Device) for consumption monitoring, and 24/7 Technical Support Service. The company serves multiple energy sectors including LPG, Fuel (petroleum), Water Services, and Renewable Energy (Solar, Wind, Hydrogen, EV charging), enabling customers to order energy products and track deliveries through a single unified platform serving over 1.6 million registered customers.

Differentiator

Problem solved

Functional benefit

Brands

• Powerly: Platform specializing in managing electric vehicle charging points. Allows charging point owners to add stations to a map visible to customers, track charges, monitor revenues, and manage pricing and maintenance.

Products and services

• Gasable Customer App Consumer-facing mobile app available on Google Play, App Store, and Huawei AppGallery for ordering gas, fuel, water, and renewable energy products with real-time tracking, multiple payment options, and instant notifications.
• Gasable Driver App Mobile application for drivers and logistics personnel to accept orders, navigate routes via GPS, communicate with customers, manage documents, and access performance-based rewards and incentives.
• Business Solutions Platform Enterprise platform for corporate customers to manage branches, monitor energy consumption, control spending, set user permissions, issue tax invoices, place instant bids, and access a network of certified energy suppliers.
• Supplier Control Platform B2B SaaS platform combining inventory and fleet management for energy suppliers, enabling product movement tracking, customer base expansion (1.6M+ customers), and AI-powered solutions for sustainable growth.
• Logistics Control Platform B2B platform for logistics companies to monitor fleets in real time, track drivers, manage orders, view revenues, schedule maintenance, and generate custom performance reports.
• Powerly App Mobile platform for EV users to locate charging stations, control charging, monitor progress, make payments, and rate services through a global charging network.
• Charging Points Management System (Powerly) B2B platform for managing EV charging points, allowing owners to add stations to a customer-facing map, track charging sessions, monitor revenues, schedule maintenance, adjust prices, and issue tax invoices.
• Smart Meter (IoT Gas Level Sensor) IoT device that automatically measures gas levels in cylinders, triggers automatic refill ordering via the Gasable app when gas reaches critical level, monitors consumption, and provides user behavior insights.
• Tracking Device (IoT) IoT tracking device for monitoring diesel, fuel, and water consumption, providing reports and analyses to help enterprises manage resources, reduce waste, and prevent theft.

Quantifiable outcome

• 47.6% reduction in truck fuel consumption through optimized delivery routes
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Afaaq Al-WaseelacoreStrategic or Co-development Partner · 5 September 2023MoU signed between Gasable and Afaq Al-Waseela (specializing in supply and transportation of petroleum products since 2010) to make Gasable services available through Afaq Al-Waseela's platforms. Signed by Operations Manager Abdullah Al-Muqbili and Gasable CEO Ali Ghoneim. Partnership announced at Seamless Conference 2023.
• SASCO (Saudi Automotive Services Company)coreStrategic or Co-development Partner · 13 August 2023Strategic partnership to enable SASCO gasoline refueling services through the Gasable platform. Agreement signed by SASCO CEO Riyadh Al-Malik and Gasable CEO Ali Ghoneim. Allows SASCO to integrate its stations and pumps with Gasable, making it easier for Gasable customers to place orders with SASCO. Described as having strategic, cooperative, and integrative dimensions.
• Saqia Al-Maa AssociationminorStrategic or Co-development PartnerPartnership for water conservation and providing water to those in need. Saqia Al-Maa is licensed by Ministry of Commerce for well drilling and mosque construction. Gasable supports awareness about water conservation and contributes to their sustainable projects in 6 countries across Africa and Asia.
• Down Syndrome Charity Association (DSCA)minorStrategic or Co-development PartnerPartnership focusing on empowering and rehabilitating individuals with Down syndrome through supporting training programs and raising awareness. DSCA was founded in Riyadh in 2002 by parents of children with Down syndrome.
• Al-Mawaddah Association for Family DevelopmentminorStrategic or Co-development PartnerPartnership supporting Saudi families and family education and development. Al-Mawaddah is a non-profit organization established in 2003 that has helped change lives of more than 500,000 families through developmental initiatives.
• Various Supplier PartnerscoreChannel Partner/ Reseller/ DistributorNetwork of over 3,000 energy suppliers including Sebchum, Schneider Electric, Wallbox, SASCO, Al-Fanar, ABB, Nova, Al-Waha, Al-Ayid, Mana, SAP, Naqi, Al-Menhel, Falih, Nestlé, Al-Sharif and others. Suppliers gain access to 1.6M+ customers through the platform.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• ENOC (Emirates National Oil Company): UAE-based integrated energy conglomerate operating fuel retail, lubricants, and gas distribution. Comparable as an established regional energy retailer with strong brand, infrastructure, and potential to expand into digital delivery platforms.
• ADNOC Distribution: UAE-listed retail fuel and convenience operator with thousands of stations across the Emirates and selective international operations. Comparable as a large-scale fuel retail and distribution player in the same regional market with significant capital and infrastructure advantages.
• Careem: UAE-born super-app (now owned by Uber) operating ride-hailing, delivery, and payments across MENA. Broader incumbent with deeper capital that could bundle gas/fuel delivery into its super-app offering, directly threatening Gasable's marketplace position.
• Shell Recharge: Global oil major's EV charging network and energy services division. Comparable as a broad incumbent extending traditional fuel retail into EV charging and digital energy services, with massive capital and brand advantages over regional players.

Direct peers

• Jahez: Saudi Arabia-listed food and on-demand delivery marketplace serving millions of customers across KSA. Most direct peer given marketplace model, MENA focus, multi-vertical delivery ambition, and recently listed status providing a relevant valuation benchmark for Gasable's planned US listing.
• HungerStation: MENA on-demand delivery platform owned by Delivery Hero, serving Saudi Arabia and other Gulf markets. Comparable as a multi-sided marketplace connecting merchants with consumers via an app, with ambitions to extend into adjacent verticals like groceries and convenience delivery.
• Mrsool: Saudi on-demand delivery super-app with a crowdsourced driver model. Comparable marketplace mechanics and KSA focus, with parallel ambitions to broaden from food into broader on-demand categories that could include energy and fuel delivery.
• ToYou: Saudi-based on-demand delivery marketplace operating across multiple verticals in KSA. Comparable marketplace model with similar customer segments and multi-vertical expansion strategy in the same primary geography.

Emerging players

• ChargePoint: US-listed EV charging network operator with a software platform connecting station owners, drivers, and fleets. Comparable to Gasable's Powerly business given the marketplace-plus-management-software model for EV charging infrastructure.

Regional players

• Ferrellgas Partners: US-listed propane and LPG distributor serving residential and commercial customers across North America. Comparable business model for gas cylinder distribution and delivery to end customers, though operating in a different geographic market with established offline infrastructure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xtwitter.com/gasableksa
• YouTubeyoutube.com/channel/UCvMQQKiJok7vPaIT8gP7BnQ
• Facebookfacebook.com/gasable
• LinkedInlinkedin.com/company/gasable/mycompany/verification
• Instagraminstagram.com/gasableksa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

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 Gasable