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4/16/25, 1:47 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

Date Share on Facebook Tweet on Twitter
2025-04-15 09:33:11

(MENAFN- Orient Planet Group) 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 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
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