Page 71 - UNIFONIC PR REPORT - April 2025

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 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://lucidityinsights.com/news/sadq-raises-15m-pre-series-a