Model Solution

Seoul, South Korea Founded: 1993 • Age: 33 yrs Acquired By Hankook Tire
Provider of technology solutions for injection molded parts manufacturing
Annual revenue $46.1M Latest available
Total funding - 1 rounds
Employees 321 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Model Solution Co., Ltd.
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    $46.12 M (USD)
    5.12
    as on Dec 31, 2024
  • Net Profit
    $3.59 M (USD)
    111.43
    as on Dec 31, 2024
  • EBITDA
    $5.76 M (USD)
    35.73
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    321

    as on Dec 31, 2024

  • Acquired by
    Hankook Tire

    (May 10, 2018)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

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.

Exchange: KRX · Ticker: 417970 · Sector: Producer manufacturing · South Korea

Products & Services of Model Solution

Model Solution offers a comprehensive portfolio of products and services, including CMF Design and Prototyping.

Product name locked
Category locked
Primary

CMF design services are provided to align with market trends and customer needs in product development.

Product name locked
Category locked
Locked

Prototyping services are offered, including CNC machining and 3D printing for high-fidelity prototypes.

Funding Insights of Model Solution

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Buyouts are targeted through private equity investments by SkyLake Investment.
Locked Locked Locked
Tires are manufactured and supplied by Hankook Tire worldwide.
Locked Locked Locked
Premium access

Investor details for Model Solution

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Model Solution

Investments
Premium access

Investment portfolio details for Model Solution

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Model Solution

Premium access

Detailed financials for Model Solution

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Model Solution Comparisons

Model Solution Primary company
Description
Provider of technology solutions for injection molded parts ...
Location
Seoul, South Korea
Founded Year
1993
Annual Revenue
$46.12 M (USD)
Net Profit
$3.59 M (USD)
EBITDA
$5.76 M (USD)
Employees
321
As of 2024
Premium access

Peer comparison for Model Solution

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Model Solution

Premium access

Detailed competitors of Model Solution

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Model Solution

Premium access

Complete news archive for Model Solution

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available