Page 44 - UNIFONIC PR REPORT - April 2025

4/17/25, 1:19 PM Saudi’s Sadq Raises $1.47M in Pre-Series A Round - دﺣاوﻟ رﻔﺻ
According to Sadq’s statement, it is serving over 3,200 users, including major entities such as Foodics,
Ninja, Maharah, and D360 Bank.

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“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.”

Salem Al-Badawi, Co-Founder and CTO of Sadq, said: “We’re proud of how far we’ve come. This new

funding will allow us to further strengthen our robust, multi-layered technical infrastructure, enabling us
to scale with agility and respond efficiently to growing demand. We’ve also integrated advanced auto-
scaling systems, portable and consistent deployment environments, and global-grade security protocols

— all of which ensure our platform is resilient, reliable, and secure against cyber threats. Our
partnership with Unifonic will help us continue expanding our service portfolio in the digital

authentication space.”

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