Page 73 - UNIFONIC PR REPORT - April 2025
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4/16/25, 1:53 PM Saudi-based Sadq closes pre-series a round at SAR 5.5 mn
Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq has quickly
become a key player in Saudi Arabia’s digital transformation push. The company
previously raised seed funding through Sanabil 500 in 2023 and gained regulatory
traction after securing the Digital Trust Services License from the Digital Government
Authority (DGA). The license positioned Sadq as one of the few legally recognized
.digital signature providers in the Kingdom
Abdullah Allahuo, Co-Founder and CEO of Sadq said: “This investment comes at a
critical moment as Saudi Arabia’s digital trust landscape evolves. It enables us to
advance our technology, expand strategic partnerships, and reinforce our role in
”.providing secure, legally binding digital signature services
Sadq’s platform supports the legal enforceability of e-signatures under Saudi Arabia’s
Evidence Law, particularly Article 58, enhancing adoption across both public and
.private sectors
Meanwhile, Ahmed Hamdan, Unifonic CEO, emphasized the strategic value of the
investment, noting its role in supporting the broader growth of the Kingdom’s digital
.trust and identity infrastructure
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