Page 74 - UNIFONIC PR REPORT - April 2025

4/16/25, 1:49 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

By PR News Desk 15/04/2025

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

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