Sadq Secures SAR 5.5 Million in Pre-Series A Round Led by X by Unifonic Fund to Advance Saudi Arabia’s Digital Authentication Sector

Technology

Sadq Secures SAR 5.5 Million in Pre-Series A Round Led by X by Unifonic Fund to Advance Saudi Arabia’s Digital Authentication Sector

Sadq, the Saudi-based pioneer in digital signature and document authentication solutions, has successfully raised SAR 5.5 million in its Pre-Series A funding round. The investment was led by X by Unifonic Fund, with participation from additional investors and a strategic investment by Unifonic, further cementing Sadq’s leadership in the Kingdom’s growing digital trust and identity ecosystem.

Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq has rapidly gained traction in the Kingdom’s digital transformation space. A major turning point in its journey was the acquisition of the Digital Trust Services License from the Digital Government Authority (DGA), enabling legally verifiable and court-admissible digital signatures, in line with Saudi Arabia’s Article 58 of the Evidence Law.

“This investment comes at a transformative time for digital trust in the Kingdom,” said Abdullah Allahuo, Co-Founder and CEO of Sadq. “It will empower us to advance our technology, scale efficiently, and attract top-tier talent while maintaining the highest levels of legal credibility and security.”

Ayman Hamdan, Founding Partner at X by Unifonic Fund, commented:

“Sadq is well-positioned to become a cornerstone of Saudi Arabia’s digital authentication landscape. Their secure, compliant solutions are essential for modern businesses and government entities. We are proud to support their vision for a more efficient and secure digital future.”

Sadq’s platform is already trusted by over 3,500 users, including leading companies such as Foodics, Ninja, Maharah, and D360 Bank. The company integrates directly with the government’s National Single Sign-On (NAFATH) platform, ensuring national compliance and streamlined user authentication.

Salem Al-Badawi, Co-Founder and CTO, emphasized the platform’s technical advancements:

“With this new funding, we’re focused on fortifying our infrastructure, enhancing our scalable deployment systems, and maintaining global-grade security protocols. Our goal is to remain resilient, agile, and responsive to market needs.”

Ahmed Hamdan, CEO and Co-Founder of Unifonic, added:

“Our partnership with Sadq aligns with our shared goal of leading the digital trust revolution in Saudi Arabia. Together, we aim to deliver best-in-class digital identity solutions that meet the highest legal and security standards.”

Sadq plans to leverage the funding to expand its AI-driven workflow capabilities and pursue further strategic partnerships, especially within key sectors such as finance, healthcare, education, and technology.