
Riyadh - Sharikat Mubasher: Sadq, a leading provider of digital signatures and workflow authentication solutions in Saudi Arabia, successfully collected $1 million in a pre-Series A extension round from Impact46.
The new capital will help Sadq accelerate product development, enhance security and compliance standards, and expand its footprint in Saudi Arabia and the broader region, according to a recent statement.
This investment will enable commercial and operating partnerships with Impact46’s portfolio companies focused on digital infrastructure and enterprise software.
Commenting on this milestone, Sadq’s Co-founder and CEO, Abdullah Allahuo, said: “The entry of Impact46 at this pivotal stage is a strong signal 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 in the local ecosystem.”
He affirmed Sadq’s commitment to building a Saudi-born digital signature product, rooted in local regulations and aligned with global standards of security, compliance, and usability.
Meanwhile, Salem Albadawi, Co-founder and Chief Technology Officer at Sadq, emphasized that the investment represents a pivotal leap toward broader horizons of technological expansion and strengthens the company’s ambition to build an advanced innovation ecosystem that reshapes the future of digital trust in the region.
In April, Sadq raised a $1.5 million pre-Series A funding round to strengthen its robust and multi-layered technical infrastructure and expand strategic partnerships to respond efficiently to growing demand.
Founded in 2022, Sadq has quickly emerged as a trusted name in the Saudi digital transformation landscape. It obtained the Digital Trust Services License from the Digital Government Authority (DGA), a regulatory breakthrough that elevated Sadq's legal credibility and enabled its adoption across public and private sectors.