Page 60 - UNIFONIC PR REPORT - April 2025

4/16/25, 1:47 PM Latest News

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

16/04/2025

Riyadh, Saudi Arabia, 15 April 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

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