Page 58 - UNIFONIC PR REPORT - April 2025

4/16/25, 1:46 PM Sadq Raises SAR 5.5 million in Pre-Series A Round Led by “X by Unifonic Fund” to Accelerate Growth in the Kingdom’s Digital Auth…
Sadq Raises SAR 5.5 million in Pre-

Series A Round Led by “X by Unifonic

Fund” to Accelerate Growth in the

Kingdom’s Digital Authentication Sector

April 15, 2025 22

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.

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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.”

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