Herein, state‐of‐the‐art multiscale modeling methods have been described. This research includes notable molecular, micro‐, meso‐, and macroscale models for hard (polymer, metal, yarn, fiber, fiber‐reinforced polymer, and polymer matrix composites) and soft (biological tissues such as brain white matter [BWM]) composite materials. These numerical models vary from molecular dynamics simulations to finite‐element (FE) analyses and machine learning/deep learning surrogate models. Constitutive material models are summarized, such as viscoelastic hyperelastic, and emerging models like fractional viscoelastic. Key challenges such as meshing, data variability and material nonlinearity‐driven uncertainty, limitations in terms of computational resources availability, model fidelity, and repeatability are outlined with state‐of‐the‐art models. Latest advancements in FE modeling involving meshless methods, hybrid ML and FE models, and nonlinear constitutive material (linear and nonlinear) models aim to provide readers with a clear outlook on futuristic trends in composite multiscale modeling research and development. The data‐driven models presented here are of varying length and time scales, developed using advanced mathematical, numerical, and huge volumes of experimental results as data for digital models. An in‐depth discussion on data‐driven models would provide researchers with the necessary tools to build real‐time composite structure monitoring and lifecycle prediction models.