Korea Credit Guarantee Fund

Korea Credit Guarantee Fund is an investment firm.

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Updated: Mar 15, 2026 ·

About

Korea Credit Guarantee Fund (KODIT) is a public financial institution established in 1976, operating within the financial services industry. Headquartered in Daegu, Republic of Korea, KODIT's primary role is to provide credit guarantee services. This support is specifically designed to address the financing needs of small and medium-sized enterprises (SMEs) by guaranteeing their repayment obligations, thereby facilitating their access to capital.

As an active entity, KODIT functions to bolster the economic landscape by supporting the growth and stability of SMEs. The organization employs between 1,001 and 5,000 individuals, contributing to its operational capacity in delivering financial guarantees. Its activities include facilitating notable exits for companies it has supported, such as Fescaro, VIRNECT, and Dot Mill, indicating its role in the broader venture ecosystem.

Financial History

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Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 10, 2026	Frefins	$3.4M Seed	—	Coolidge Corner Investment, Gojin Motors, Honest Ventures, ZER01NE

Financial History

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Deep Dive

Korea Credit Guarantee Fund (KODIT) is a public financial institution established in 1976 with the core mission of supporting small and medium-sized enterprises (SMEs). Operating from its headquarters in Daegu, Republic of Korea, KODIT functions within the financial services industry, providing essential credit guarantee services. These services are designed to help SMEs secure financing by guaranteeing their repayment obligations, thereby mitigating risk for lenders and enabling businesses to access necessary capital for growth and operations.

The institution's role extends to fostering a robust economic environment by ensuring that viable SMEs have avenues for financial support. KODIT's operational scope includes facilitating the financial health and expansion of these enterprises, which in turn contributes to broader economic stability. The organization maintains a significant workforce, employing between 1,001 and 5,000 individuals, which supports its extensive service delivery across the Republic of Korea.

KODIT's engagement in the venture ecosystem is evidenced by its involvement with companies that have achieved notable exits. These include Fescaro, VIRNECT, and Dot Mill. Such outcomes highlight KODIT's function not only in providing initial financial security but also in contributing to the long-term success and liquidity events of the businesses it supports.

As a government office and public financial institution, KODIT's activities are integral to the national strategy for SME development. Its continuous provision of credit guarantees helps to bridge funding gaps that might otherwise hinder the progress of smaller businesses, reinforcing their capacity for innovation and market participation.

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Frequently Asked Questions

What type of organization is the Korea Credit Guarantee Fund?

It operates as a public financial institution and is classified as a government office, established in 1976.

In what ways does KODIT contribute to the venture ecosystem beyond guarantees?

KODIT contributes by supporting companies that have achieved notable exits, such as Fescaro, VIRNECT, and Dot Mill, indicating its role in facilitating successful business outcomes.