Sadq, a Riyadh, Saudi Arabia-based platform for digital signatures and integrated workflow authentication solutions, has raised SAR 5.5 million ($1.46M) in pre-Series A funding.
Investors
The round was led by the X by Unifonic Fund, with participation from a group of investors and a strategic investment from Unifonic.
X by Unifonic Fund is a venture initiative launched by Unifonic, a Saudi-based communications platform. The fund aims to support early-stage B2B SaaS (Software as a Service) startups across the MENA (Middle East and North Africa), Turkey, and Pakistan.
Sadq Use of Funds
The company will use the funds to enhance its technology, strengthen partnerships, attract top-tier talent, and scale its offerings in the digital authentication space.
About Sadq
Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq is a technology company offering a digital signature and document authentication platform designed to meet national legal and compliance standards. Its platform enables users to sign and manage documents online—streamlining workflows and supporting the shift toward a fully paperless environment. It integrates seamlessly with Saudi Arabia’s national digital infrastructure, including Nafath and the Saudi Root-CA Certificates.
Funding Details
Company: Sadq
Raised: USD 1.46M (SAR 5.5M)
Round: Pre-Series A
Funding Date: April 2025
Lead Investor: X by Unifonic Fund
Additional Investor: Unifonic
Company Website: https://www.sadq.sa/
Software Category: Digital Authentication / B2B SaaS
Source: https://lucidityinsights.com/news/sadq-raises-15m-pre-series-a