Modelon
Modelon provides a cloud-native, physics-based system simulation platform (Modelon Impact) and 19+ Modelica component libraries to enterprise engineering teams in aerospace, automotive, data centers, energy, HVAC, and industrial equipment, monetizing via SaaS subscriptions, professional services, and OEM licensing of its OPTIMICA compiler.
- Company typePrivate
- Founded2012
- HeadquartersLund, Sweden
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Modelon does
Modelon is a private Swedish-headquartered software company (founded 2012, 51-100 employees, also operating as Modelon, Inc. in the US) that provides a cloud-native, physics-based system simulation platform built on the open Modelica modeling language and the Functional Mock-up Interface (FMI) standard. Its core product, Modelon Impact, is complemented by a suite of 19+ validated Modelica component libraries covering aerospace, automotive, data centers, energy and power, HVAC and refrigeration, industrial equipment, and research applications, and is powered by the proprietary OPTIMICA Compiler Toolkit. The platform serves enterprise engineering teams who need multi-domain (thermal, fluid, chemical, electrical, mechanical) simulation to compress R&D cycles, validate designs before prototyping, and run parallel what-if experiments on systems ranging from hydrogen aircraft propulsion to heat pumps and AI data center cooling loops.
The company monetizes through three streams: subscription-based SaaS licenses for Modelon Impact (cloud and self-managed deployment), expert-led professional services and training, and 'Modelon Inside' technology licensing of the OPTIMICA Compiler Toolkit to major simulation platforms including Siemens Simcenter Amesim, Dassault Dymola, ANSYS Twin Builder, and Maplesoft MapleSim. Go-to-market combines direct enterprise field sales with a global reseller network across Germany, India, Japan, Korea, China, Italy, and the United States, supported by content-driven demand generation, an annual user conference, and a recently introduced REST API plus Python and JavaScript client libraries for programmatic integration. Notable customers include Honda, Rimac, Hanon Systems, Universal Hydrogen, Kyocera, MAN Energy Solutions, Siemens Energy, Turboden, 1W1 GmbH, and EPRI, with reported outcomes such as 2-3x faster simulation turnaround, less than 5% variability against test bench results, and 50% shorter start-up times for combined-cycle power plants.
Recent strategic emphasis has shifted toward AI-augmented simulation workflows. An AI Assistant (April 2026) and agentic simulation capabilities (June 2026), built on commercial large language models fine-tuned on Modelon's proprietary simulation libraries, sit alongside the Modelon Impact Code Studio (January 2026), the Experiment Setup feature (June 2025), and the Energy Systems Optimization solution for techno-economic dispatch. The company's operating scope is global, with TISAX information-security compliance in place, and its ownership, funding history, and revenue figures are not publicly disclosed.
Modelon firmographics
Firmographics- Name
- Modelon
- Legal name
- Modelon, Inc.
- Website
- https://modelon.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Modelon provides a cloud-native, physics-based system simulation platform (Modelon Impact) and 19+ Modelica component libraries to enterprise engineering teams in aerospace, automotive, data centers, energy, HVAC, and industrial equipment, monetizing via SaaS subscriptions, professional services, and OEM licensing of its OPTIMICA compiler.
- Ownership category
- akta.pro rank
Modelon industry classification
Industry- Product category
- Engineering Simulation Software
- NAICS
- Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Robot Software, Autonomy Stacks & Simulation (ROS, digital twins) (HDAAAIAK)
Keywords
Where Modelon is headquartered
LocationHeadquarters
- HQ city
- Lund
- HQ country
- Sweden
- HQ region
- Europe
Markets served
Modelon business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Software Licenses and Subscriptions: Modelon Impact is offered as a cloud-based SaaS platform with subscription pricing, alongside self-managed server-based solutions for organizations with strict data control requirements. The platform includes both cloud-based and desktop versions.
- Professional Services and Training: Expert-led training courses and solution architecture services curated to meet specific business needs. Includes consulting engagements for model development and simulation project support.
- Technology Licensing (Modelon Inside): Licensing of OPTIMICA Compiler Toolkit and Modelon technology to third-party software platforms including Siemens Simcenter Amesim, Dassault Systèmes Dymola, ANSYS Twin Builder, and Maplesoft MapleSim.
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Modelon product offering
Product offeringCore offering
Modelon provides cloud-native physics-based system simulation software built on the Modelica language and FMI (Functional Mock-up Interface) open standards. The company sells the Modelon Impact simulation platform, a suite of 19+ industry-specific Modelica component libraries, the OPTIMICA Compiler Toolkit, and the FMI Toolbox for MATLAB/Simulink, along with expert consulting and training services for engineering teams designing aerospace, automotive, energy, HVAC, data center, and industrial equipment systems.
Product overview
Modelon offers a platform-plus-modules architecture centered on Modelon Impact, a cloud-native physics-based system simulation platform. The core platform is complemented by the Modelon Library Suite of 19+ Modelica-based component libraries covering aerospace, automotive, data centers, energy, HVAC, refrigeration, and industrial equipment domains. Key supporting products include OPTIMICA Compiler Toolkit (the Modelica mathematical engine), FMI Toolbox for MATLAB/Simulink integration, Deploy and Productivity add-ons for enhanced workflow control, and AI Assistant for AI-powered simulation guidance. The AI Assistant was launched in April 2026 with agentic simulation capabilities added in June 2026. All products are built on open standards (Modelica, FMI) enabling interoperability with third-party platforms.
Differentiator
Problem solved
Functional benefit
Brands
- Modelon Impact: Cloud-native physics-based system simulation platform for engineering teams
- Modelon Services
- FMI Toolbox
- OPTIMICA Compiler Toolkit
- Energy Systems Optimization
Products and services
- Modelon Impact Cloud-native physics-based system simulation platform for design, simulation, and optimization of industrial systems, with validated component libraries, collaborative workspaces, version control, and both cloud-based and self-managed deployment options. Targeted at engineering teams in aerospace, automotive, data centers, energy, HVAC, refrigeration, and industrial equipment.
- Modelon Library Suite Comprehensive suite of 19+ Modelica-based component libraries covering aerospace, automotive, data centers, energy, HVAC, refrigeration, and industrial equipment, providing validated pre-built component models for multi-domain system simulation.
- OPTIMICA Compiler Toolkit Modelica-based mathematical engine with native Modelica and FMI open standards support, powerful API, and broad range of solvers for transient, steady-state, and dynamic optimization. Licensed both as the engine powering Modelon Impact and to third-party software platforms (Siemens Simcenter Amesim, Dassault Systèmes Dymola, ANSYS Twin Builder, Maplesoft MapleSim) under the Modelon Inside program.
- FMI Toolbox for MATLAB/Simulink Toolbox enabling Functional Mock-up Interface (FMI) model exchange and co-simulation within MATLAB/Simulink environments, with FMU import and export capabilities for users integrating Modelica-based models into Simulink workflows.
- Modelon Services Expert consulting and support services including modeling expertise, solution architecture, and both instructor-led and self-guided training to support customer simulation projects and ensure successful adoption of Modelon's tools.
Quantifiable outcome
- 2 to 3 times faster simulation results
- +2 more outcomes
Companies that use Modelon
Customer profileNamed customers10 records
Segments7 records
Ideal customer profiles3 records
Modelon technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability5 records
Feature7 records
Modelon partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered flagship, core and regional.
- Siemens (Simcenter Amesim)flagshipSiemens Simcenter Amesim uses Modelon's OPTIMICA Compiler Toolkit as its Modelica engine starting with Simcenter Amesim 17 release. The partnership enables Simcenter users to develop, reuse, and integrate Modelica libraries with Simcenter Amesim native libraries for dynamic multi-physics systems modeling. Users benefit from optimized code generation and full Modelica standard support.
- Dassault Systèmes (Dymola)coreDymola by Dassault Systèmes is listed as a platform partner, allowing Modelon libraries to be used within the Dymola environment for system simulation.
- ANSYS (Twin Builder)coreANSYS Twin Builder leverages Modelon technology for simulation-based digital twins, enabling integration of Modelon simulation capabilities into the ANSYS ecosystem.
- Maplesoft (MapleSim)coreMapleSim by Maplesoft supports Modelon libraries including the Pneumatics Library, enabling Modelon simulation capabilities within the MapleSim platform.
- Schlegel Simulation GmbHregionalAuthorized reseller for Modelon products in Germany, providing local sales and support for Modelica libraries and simulation tools.
- TLK EnergyregionalAuthorized reseller for Modelon products in Germany, specializing in energy systems simulation solutions.
- Trident Infosol Pvt. Ltd.regionalAuthorized reseller for Modelon products in India, providing sales and support for modeling and simulation software tools.
- Toyota Tsusho Systems CorporationregionalAuthorized reseller for Modelon products in Japan, operating from Nagoya.
- Neorium Technology Co. Ltd.regionalAuthorized reseller for Modelon products in Japan.
- Argo Graphics Inc.regionalAuthorized reseller for Modelon products in Japan.
- Alten Korea Co., Ltd.regionalAuthorized reseller for Modelon products in Korea.
- ISPark Co., Ltd.regionalAuthorized reseller for Modelon products in Korea.
- iVHregionalAuthorized reseller for Modelon products in Korea.
- Tae Sung S&EregionalAuthorized reseller for Modelon products in Korea.
- HiRain Technologies Co., Inc.regionalAuthorized reseller for Modelon products in People's Republic of China, headquartered in Beijing.
- Nanjing Yuansi SimTek Co., Ltd.regionalAuthorized reseller for Modelon products in People's Republic of China.
- Leonardo Engineers for Integration srlregionalAuthorized reseller for Modelon products in Italy, the Republic of San Marino, and Vatican State.
- Model Based Innovation LLCregionalAuthorized reseller for Modelon products in the United States.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Modelon competitors and assessment
Company assessmentEmerging players
- AVL: Automotive-focused simulation and powertrain development specialist. Competes with Modelon's Electrification, VehicleDynamics, and EngineDynamics libraries in EV and ICE powertrain simulation workflows.
Broad incumbents
- Ansys: Largest CAE/simulation incumbent. Twin Builder is a Modelon OEM partner, but Ansys's Mechanical, Fluent, and broader multiphysics suite overlap heavily with Modelon's system simulation offering in automotive, aerospace, and energy.
- Altair Engineering: Simulation and digital-twin incumbent (HyperWorks, Activate) competing with Modelon Impact in automotive, aerospace, and industrial equipment system simulation, with overlapping Modelica/FMI support.
- Siemens Digital Industries Software (Simcenter): Simcenter Amesim uses Modelon's OPTIMICA engine but competes with Modelon Impact in 1D system simulation for automotive, aerospace, and industrial customers across the same Siemens enterprise accounts.
- MathWorks (MATLAB/Simulink): Dominant engineering computing environment where Modelon's FMI Toolbox plugs in. Simulink's Modelica support, embedded code generation, and control-system workflows overlap with Modelon's control and system-simulation use cases.
- Dassault Systèmes (Dymola / 3DEXPERIENCE): Dymola is a flagship Modelica-based simulation environment and a Modelon partner, but Dassault's broader 3DEXPERIENCE platform competes head-on with Modelon Impact in automotive, aerospace, and industrial equipment verticals.
- Hexagon (MSC Software / CAE): Structural and system simulation suite (Nastran, Adams, Cradle) competing in aerospace, automotive, and industrial system simulation — overlapping with Modelon's multi-domain platform for the same OEM engineering buyers.
Direct peers
- Wolfram Research (SystemModeler): Modelica-based system modeling platform — a direct Modelica-ecosystem competitor to Modelon Impact — focused on multi-domain physical system simulation for engineering and education customers.
- Maplesoft (MapleSim): Modelica-compatible system simulation tool and Modelon partner, but a direct competitor for Modelon Library Suite seats — particularly in hydraulics, pneumatics, and automotive drivetrain simulation.
- COMSOL: Multiphysics simulation platform competing directly in Modelon's core domains — heat transfer, fluid flow, electromagnetics — and increasingly used by the same energy, automotive, and HVAC engineering teams.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Modelon social profiles
Digital presenceModelon compliance and trust
Trust signalCompliance1 record
Modelon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Modelon leadership team
Management profileNumber of profiles
Profiles3 records
Modelon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Modelon M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Modelon
What does Modelon do?
Modelon provides cloud-native physics-based system simulation software built on the Modelica language and FMI (Functional Mock-up Interface) open standards. The company sells the Modelon Impact simulation platform, a suite of 19+ industry-specific Modelica component libraries, the OPTIMICA Compiler Toolkit, and the FMI Toolbox for MATLAB/Simulink, along with expert consulting and training services for engineering teams designing aerospace, automotive, energy, HVAC, data center, and industrial equipment systems.
Is Modelon a public or private company?
Modelon is a private company. It is classified as unknown and is currently operating.
When was Modelon founded?
Modelon was founded in 2012. It employs 51 to 100 people.
Where is Modelon based?
Modelon is headquartered in Lund, Sweden, in the Europe region.
How does Modelon make money?
Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are professional Services and Training and technology Licensing (Modelon Inside).
Who are Modelon's main competitors?
AVL is listed as an emerging player. Broad incumbents are Ansys, Altair Engineering, Siemens Digital Industries Software (Simcenter), MathWorks (MATLAB/Simulink), Dassault Systèmes (Dymola / 3DEXPERIENCE) and Hexagon (MSC Software / CAE). Direct peers are Wolfram Research (SystemModeler), Maplesoft (MapleSim) and COMSOL.
Does Modelon have an API?
Yes. Modelon Impact offers a REST API for programmatic access to the platform, enabling workspace management, model execution, and simulation control. The platform also provides Python and JavaScript client libraries for easier API integration. Authentication has been simplified to require only one API key. The API gateway infrastructure was introduced in the 2024.1 release to improve authentication and ease of use. Developer documentation is at help.modelon.com/latest/guides/rest_api.
What industry is Modelon in?
Modelon's product category is Engineering Simulation Software. Its primary akta.pro industry code is HDAAAIAK, Robot Software, Autonomy Stacks & Simulation (ROS, digital twins). Its NAICS code is 54151 and its SIC code is 7373.