Page 70 - UNIFONIC PR REPORT - April 2025

Sadq Raises $1.5 million in Pre-Series A Round Led

by "X by Unifonic Fund" to Accelerate Growth in the

Kingdom’s Digital Authentication Sector

By Press Release 15 April 2025

Sadq Co-Founders: Salem Albadawi and Abdullah Allahuo

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 (~USD 1.46 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

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