Homegrown digital authentication startup Sadq raised SAR 5.5 mn in a pre-series A funding round led by X by Unifonic Fund, according to a press release. Following its 2023 seed round – which was backed by Sanabil 500 – the company secured a Digital Trust Services license from the Digital Government Authority (DGA).

Where will the money go? The fresh funds will be used to strengthen Sadq’s technical infrastructure, expand its product offering, and grow its team as the company scales up its activity across the Kingdom.

About Sadq: Founded in 2022 by Abdullah Allahuo (LinkedIn) and Salem Albadawi (LinkedIn), Sadq offers legally recognized digital signature and workflow authentication solutions that integrate with our National Single Sign-On (Nafath). The platform serves over 3.5k users, including firms such as Foodics, Ninja, Maharah, and D360 Bank.

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