Sadq Raises $1.46 Million in Pre-Series A Funding to Expand Digital Signature Solutions in Saudi Arabia

Sadq, a Riyadh-based provider of digital signature and workflow documentation solutions, has secured $1.46 million (SAR 5.5 million) in a Pre-Series A funding round led by X by Unifonic, the early-stage venture arm of Unifonic. The round also saw participation from several strategic investors as Sadq looks to strengthen its position in Saudi Arabia’s growing digital trust sector.

Founded in 2022 by Abdullah Al-Lahou and Salem Al-Badawi, Sadq offers electronic signature tools that adhere to local digital trust standards, aimed at streamlining documentation processes for both businesses and government entities. The company gained significant momentum in 2023 after receiving a Digital Trust Services license from the Saudi Digital Government Authority, allowing it to operate as a verified provider in the Kingdom’s rapidly digitising public and private sectors.

With this new investment, Sadq plans to scale its infrastructure, enhance security features, and optimize system performance through innovations like auto-scaling architecture. These upgrades are designed to meet the increasing demand as more organizations transition to paperless workflows, in line with Saudi Arabia’s Vision 2030 digital transformation initiatives.

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