Page 54 - UNIFONIC PR REPORT - April 2025
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4/16/25, 1:46 PM Sadq raises SAR 5.5mln in pre-series A round led by "X by Unifonic Fund"
Ahmed Hamdan, CEO and Co-Founder of Unifonic, noted: “This strategic investment reinforces the role
of both Sadq and Unifonic in shaping the Kingdom’s emerging digital trust and identity ecosystem.
Through our close collaboration, we aim to drive innovation and set new standards for secure digital
transactions across all sectors in Saudi Arabia.”
About Sadq
Sadq is a Saudi-born digital signature and document authentication platform designed to meet national
legal and compliance standards. Serving over 3,500 users, including major entities such as Foodics,
Ninja, Maharah, and D360 Bank, Sadq addresses one of the key challenges in digital transformation:
legally verifiable electronic identity.
Unlike unregulated providers, Sadq integrates with Saudi Arabia’s National Single Sign-On (SSO)
"NAFATH" and offers government-recognized, court-admissible digital signatures. The platform
provides a full-stack digital signing solution for organizations of all sizes, with robust API capabilities that
integrate seamlessly into any enterprise infrastructure.
Sadq serves sectors including finance, technology, healthcare, and education, with plans to expand its
service offering through the use of AI-driven workflows and strategic market partnerships within Saudi
Arabia.
With this new funding, Sadq is poised to lead the digital documentation space across the Kingdom —
building a reliable, secure foundation for the future of digital transactions.
About X by UNIFONIC
X by Unifonic is a seed venture fund dedicated to empowering innovative SaaS B2B startups in the
MENAPT region. We combine financial investment with hands-on support, leveraging Unifonic’s proven
expertise as a leading SaaS scale-up. Our mission is to drive growth for high-potential startups by
providing not just capital, but also strategic guidance, mentorship, and access to an extensive network of
industry experts, government programs, and investors.
For further information, please contact:
Orient Planet Group (OPG)
Email: media@orientplanet.com
Website: www.orientplanet.com
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