Page 33 - UNIFONIC PR REPORT - April 2025

4/17/25, 1:18 PM Sadq Secures SAR 5.5 Million in Pre-Series A Round Led by X by Unifonic Fund to Advance Saudi Arabia’s Digital Authentication S…
verifiable and court-admissible digital signatures, in line with Saudi Arabia’s Article 58 of the
Evidence Law.

“This investment comes at a transformative time for digital trust in the Kingdom,” said Abdullah
Allahuo, Co-Founder and CEO of Sadq. “It will empower us to advance our technology, scale

efficiently, and attract top-tier talent while maintaining the highest levels of legal credibility and
security.”

Ayman Hamdan, Founding Partner at X by Unifonic Fund, commented:

“Sadq is well-positioned to become a cornerstone of Saudi Arabia’s digital authentication landscape.
Their secure, compliant solutions are essential for modern businesses and government entities. We

are proud to support their vision for a more efficient and secure digital future.”

Sadq’s platform is already trusted by over 3,500 users, including leading companies such
as Foodics, Ninja, Maharah, and D360 Bank. The company integrates directly with the
government’s National Single Sign-On (NAFATH) platform, ensuring national compliance and
streamlined user authentication.

Salem Al-Badawi, Co-Founder and CTO, emphasized the platform’s technical advancements:

“With this new funding, we’re focused on fortifying our infrastructure, enhancing our scalable
deployment systems, and maintaining global-grade security protocols. Our goal is to remain resilient,
agile, and responsive to market needs.”

Ahmed Hamdan, CEO and Co-Founder of Unifonic, added:

“Our partnership with Sadq aligns with our shared goal of leading the digital trust revolution in Saudi
Arabia. Together, we aim to deliver best-in-class digital identity solutions that meet the highest legal
and security standards.”

Sadq plans to leverage the funding to expand its AI-driven workflow capabilities and pursue further
strategic partnerships, especially within key sectors such as finance, healthcare, education, and

technology.

https://www.dayofdubai.com/news/sadq-secures-sar-55-million-in-pre-series-a-round-led-by-x-by-unifonic-fund-to-advance-saudi-arabias-digital-authen… 2/2