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4/17/25, 1:19 PM Sadq raises SAR 5.5 million led by X by Unifonic Fund - My Startup World - Everything About the World of Startups!
Sadq raises SAR 5.5 million led by X by Unifonic Fund

My Startup World Staff April 15, 2025

Sadq, the leading Saudi platform for digital signatures and integrated workflow authentication solutions, has
announced the successful close of its Pre-Series A funding round, raising SAR 5.5 million. The round was led
by X by Unifonic Fund, with participation from a group of investors and a strategic investment from Unifonic.
This investment marks a significant step in cementing Sadq’s leadership and innovation in the Kingdom’s
fast-growing digital authentication sector.

Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq has quickly emerged as a trusted name in
the Kingdom’s digital transformation landscape. The company first gained traction through a seed round led
by Sanabil 500 in 2023 and later achieved a major milestone by obtaining the Digital Trust Services License
from the Digital Government Authority (DGA) — a regulatory breakthrough that elevated Sadq’s legal
credibility and enabled its adoption across public and private sectors.

“This investment comes at a pivotal time as Saudi Arabia witnesses a transformative shift in the digital trust
landscape,” said Abdullah Allahuo, Co-Founder and CEO of Sadq. “It enables us to enhance our technology,
forge strategic partnerships, and attract top-tier talent — reinforcing our position as a key provider of secure
and legally recognized digital signature solutions. Obtaining the DGA license was a turning point, significantly
increasing the credibility of our platform and elevating the legal weight of digitally signed documents,
especially under Article 58 of the Saudi Evidence Law.”

Ayman Hamdan, Founding Partner of X by Unifonic Fund, added: “Sadq is uniquely positioned to lead the
digital trust ecosystem in Saudi Arabia. The company holds tremendous potential to transform the way digital
authentication and signatures are managed. Through this funding round, we are proud to support Sadq’s
journey as it scales its service offerings, strengthens its market presence, and innovates across the digital
trust space. As a fund, we are deeply committed to driving digital transformation by backing B2B SaaS
companies that deliver mission-critical solutions for evolving markets.”

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