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Sadq raises $1.5 million pre-series A led by X by Unifonic Fund. This funding will help expand its digital signature platform's reach within the kingdom's institutions.

PRIVATEApr 15, 2025

Amount Raised

$1.5 Million

Round Type

Series A

RiyadhInformation TechnologySoftwareLegalDocument Managementinformation technology & services

Investors

X By Unifonic FundUnifonic

Description

Sadq, the leading Saudi platform for digital signatures and integrated workflow authentication solutions, has announced the successful close of its pre-series A funding round, raising SAR 5.5 million. The round was led by X by Unifonic Fund, with participation from a group of investors and a strategic investment from Unifonic. This investment marks a significant step in cementing Sadq’s leadership and innovation in the Kingdom’s fast-growing digital authentication sector. Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq has quickly emerged as a trusted name in the Kingdom’s digital transformation landscape.

Company Information

Company

Sadq

Location

Abi Bakr As Siddiq Road

Riyadh, Riyadh Region, Saudi Arabia

About

Sadq is a Saudi-based digital signature platform founded in 2022 by Abdullah Allahuo and Salem Al-Badawi. The company provides a digital signature and document authentication platform designed to meet national legal and compliance standards. Sadq has rapidly gained recognition in the Kingdom's digital transformation landscape and recently obtained the Digital Trust Services License from the Digital Government Authority (DGA). This licensing has positioned Sadq as a key player in the fast-growing digital authentication sector in Saudi Arabia.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Sadq raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.