
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.
Sadq will leverage Impact46’s network to strengthen collaboration in digital infrastructure and corporate software fields.
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.
Sadq was founded in 2022 by Abdullah Allahuo and Salem Al-Badawi, and 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.