Riyadh, Saudi Arabia – Sadq, a Saudi-based digital signature and document authentication platform, has secured a $1 million pre-Series A extension round, led by venture capital firm Impact46. The funding follows the company’s earlier $1.5 million pre-Series A round in April 2024, which was led by X by Unifonic Fund.
Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq delivers e-signature and workflow authentication solutions that are designed to meet Saudi Arabia’s national legal, regulatory, and compliance standards.
The fresh capital will be deployed to accelerate product development, strengthen security and compliance features, and expand go-to-market efforts across Saudi Arabia and the wider MENA region. The investment also creates opportunities for commercial and operational synergies with Impact46’s portfolio companies in digital infrastructure and enterprise software.
Commenting on the investment, Basmah Alsinaidi of Impact46 said:
“Our conviction in Sadq starts with our conviction in the founders: a deep understanding of the problem, disciplined execution, and an explicit focus on customer value. We see the company building a foundational layer of the Kingdom’s digital infrastructure through trusted e-signature and identity-verification solutions. Our investment reflects a long-term belief in the team’s ability to scale and create meaningful institutional impact.”
Abdullah Allahuo, Co-Founder & CEO of Sadq, added:
“From day one, we believed that Saudi Arabia deserves a robust digital trust infrastructure — not as a nice-to-have, but as a sovereign necessity. Sadq was not built in response to a fleeting opportunity, but to address a real and persistent challenge in the market. The entry of Impact46 at this pivotal stage signals that the market is ready for sovereign digital solutions, and that backing local founders is no longer a gamble but a logical path to creating real value.”
Meanwhile, Co-Founder & CTO Salem Al-Badawi highlighted that the partnership marks a critical step in Sadq’s growth journey:
“This investment strengthens our ambition to build an advanced innovation ecosystem that reshapes the future of digital trust in the region. Our goal is to develop reliable, high-integrity products designed to meet local market needs while competing globally.”
The deal underscores Impact46’s growing conviction in founders driving Saudi Arabia’s digital transformation. With this round, Sadq joins a portfolio of startups working to establish the Kingdom’s future in enterprise technology and digital trust infrastructure.
