Sadq Secures $1 Million to Expand Digital Signature Platform
Saudi Arabia’s Sadq, a provider of digital signature and document authentication solutions, has secured a $1 million pre-Series A extension round led by Impact46. This new investment will fuel the company’s growth plans, focusing on product development, enhanced security features, and strategic market expansion within Saudi Arabia and across the broader region.
# Enhancing Digital Security and Compliance in Saudi Arabia
Founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, Sadq aims to provide a seamless and legally compliant digital signature experience. The platform is designed to meet the specific legal and compliance standards within Saudi Arabia, addressing a critical need for secure and authenticated digital workflows. This investment from Impact46 will further enable Sadq to build commercial and operating synergies with Impact46’s portfolio companies in the digital infrastructure and enterprise software sectors. This funding round follows a previous $1.5 million pre-Series A round led by X by Unifonic Fund last April, demonstrating continued investor confidence in Sadq’s vision.
With this fresh capital injection, Sadq is poised to solidify its position as a leading digital signature and document authentication platform in the Saudi Arabian market and beyond, fostering trust and efficiency in digital transactions.
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