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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.
Amount Raised
$1.5 Million
Round Type
Series A
Investors
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.
Fundz sees it the moment Sadq raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansSadq 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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