Page 68 - UNIFONIC PR REPORT - April 2025

Saudi digital signature platform Sadq raises SAR

5.5m funding round

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15 April 2025 07:11 PM
Riyadh – Mubasher: Sadq, a Saudi platform for digital signatures and integrated workflow
authentication solutions, has secured SAR 5.50 million in a Pre-Series A funding round, according
to a press release.

The fundraising transaction was led by X by Unifonic Fund, with participation from a group of
investors and a strategic investment from Unifonic.

The investment reinforces Sadq’s position in the Kingdom’s fast-growing digital authentication
sector.

Founded in 2022 by Abdullah Allahuo and Salem Al Badawi, Sadq has emerged as a trusted name
in the Kingdom’s digital transformation landscape.

Abdullah Allahuo, Co-Founder and CEO of Sadq, commented: “This investment comes at a
pivotal time as Saudi Arabia witnesses a transformative shift in the digital trust landscape.”

“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,” Allahuo highlighted.

https://english.mubasher.info/news/4432643/Saudi-digital-signature-platform-Sadq-raises-SAR-5-
5m-funding-round/