About Model Solution
Model Solution is a company based in Seoul (South Korea) founded in 1993 was acquired by Hankook Tire in May 2018. The company has 321 employees as of December 31, 2024. Model Solution offers products and services including CMF Design and Prototyping.
- Headquarter Seoul, South Korea
- Employees 321 as on 31 Dec, 2024
- Stage Public
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Email
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Phone
*********
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Website
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Social
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- Legal Name Model Solution Co., Ltd.
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Annual Revenue
$46.12 M (USD)5.12as on Dec 31, 2024
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Net Profit
$3.59 M (USD)111.43as on Dec 31, 2024
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EBITDA
$5.76 M (USD)35.73as on Dec 31, 2024
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Latest Funding Round
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Investors
Hankook Tire
& 1 more
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Employee Count
321
as on Dec 31, 2024
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Acquired by
Hankook Tire
(May 10, 2018)
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IPO & Listings of Model Solution
Model Solution is a publicly listed company on the KRX with ticker symbol 417970 in South Korea, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Model Solution
Model Solution offers a comprehensive portfolio of products and services, including CMF Design and Prototyping.
CMF design services are provided to align with market trends and customer needs in product development.
Prototyping services are offered, including CNC machining and 3D printing for high-fidelity prototypes.
Funding Insights of Model Solution
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Private Equity Round - Model Solution | Valuation |
investors |
Investors in Model Solution
Model Solution has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hankook Tire and SkyLake Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Buyouts are targeted through private equity investments by SkyLake Investment.
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Founded Year | Domain | Location | |
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Tires are manufactured and supplied by Hankook Tire worldwide.
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Founded Year | Domain | Location |
Investments & Acquisitions by Model Solution
Financial Statements - Model Solution
Model Solution Comparisons
Competitors of Model Solution
Frequently Asked Questions about Model Solution
Model Solution was founded in 1993 and raised its 1st funding round 21 years after it was founded.
Model Solution is headquartered in Seoul, South Korea.
As of Dec 31, 2024, the latest employee count at Model Solution is 321.
Annual revenue of Model Solution is $46.12M as on Dec 31, 2024.
Provider of technology solutions for injection molded parts manufacturing.
Model Solution offers CMF Design and Prototyping.
Yes, Model Solution is publicly traded on KRX under the ticker symbol 417970.
Model Solution has 2 investors. Key investors include Hankook Tire, and SkyLake Investment.
The ticker symbol of Model Solution is 417970 on KRX.