Sadq, a Saudi-based startup specializing in digital authentication solutions, has raised USD 1.46 million (SAR 5.50 million) in a pre-Series A funding round. The round was led by X by Unifonic Fund, with participation from a range of investors. This funding will help Sadq enhance its technology, attract talent, and expand its secure digital signature solutions.
Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq provides legally recognized e-signatures and workflow authentication, meeting the growing demand for digital trust in Saudi Arabia. The funds will allow Sadq to strengthen its technical infrastructure and global-grade security protocols to scale its service offerings efficiently and securely.
Ayman Hamdan, Founding Partner of X by Unifonic Fund, expressed pride in supporting Sadq’s journey, noting that the funding will help the startup scale its offerings, innovate in the digital trust space, and reinforce its market presence. Abdullah Allahuo, Co-Founder and CEO of Sadq, emphasized the timely nature of the investment, noting the ongoing digital transformation in Saudi Arabia and the expanding demand for secure digital solutions.
