Page 9 - UNIFONIC PR REPORT - DECEMBER 2023

Press Release

Unifonic’s selection in the initiative marks a significant step in its long-standing commitment to
support its client base in the Middle East region. Since its inception in 2006, the company
consistently developed its product line and offers an affordable enterprise-grade multilingual and
omnichannel communications platform across the region. Furthermore, Unifonic achieved a
groundbreaking milestone by securing over USD 21 million in the largest-ever Series A financing

for a Saudi startup in 2018. The subsequent Series B round saw an impressive increase, with the
startup raising a remarkable USD 125 million.

In recent years, Saudi Arabia experienced substantial growth in its entrepreneurial ecosystem,
driven by the Saudi Vision 2030. The growing startup community reflects the country’s
commitment to diversifying its economy and decreasing its dependence on oil trade. Currently, the
Saudi startup community is well-positioned as a hub for innovation and disruption in the region,
especially with the support of the government, investors, and startup incubators. Additionally, by
embracing change and creating innovative solutions, these startups are poised to meet the demands
of both local and international markets.

Unifonic, honored to be selected for the prestigious Saudi Unicorns Program earlier this year, is
on an inspiring trajectory to become a software unicorn. Over the years, Unifonic has assisted

numerous clients in implementing omnichannel customer experiences as part of their digital
transformation. This has reshaped the brands’ engagement with their audiences, surpassing
expectations for seamless digital interactions. It has also enabled contemporary, dependable, and
effective business messaging across industries with its no-code, automation and orchestration
platform. The strategic acquisition of Sestek’s AI-powered conversational suite in 2022 further

strengthened Unifonic’s AI solutions, empowering the customer interaction platform to automate
personalized end-to-end omnichannel experiences.

-Ends-

For further information, please contact:

Orient Planet Group (OPG)
Tel: +971 4 4562888
Email: media@orientplanet.com
Website: www.orientplanet.com