Page 59 - 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…

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.”

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.”

https://mid-east.info/sadq-raises-sar-5-5-million-in-pre-series-a-round-led-by-x-by-unifonic-fund-to-accelerate-growth-in-the-kingdoms-digital-authentica… 2/2