Veeva Systems
 | |
| Company type | Public benefit corporation |
|---|---|
| |
| Industry | Software for life sciences |
| Founded | 2007 |
| Founders |
|
| Headquarters | , United States |
Key people |
|
| Products | Software |
| Services | Business consulting |
| Revenue |  US$2.746 billion (FY 2025) |
| US$691 million (FY 2025) | |
| US$714 million (FY 2025) | |
| Total assets | US$7.339 billion (FY 2025) |
| Total equity | US$5.832 billion (FY 2025) |
Number of employees | 7,291 (2025) |
| Website | veeva |
| Footnotes / references [1][2] | |
Veeva Systems Inc., headquartered in Pleasanton, California, provides cloud software, data, and business consulting for the life sciences industry.[1] Its software is used to manage data, track regulatory registrations, and oversee supply chains. The company is a public benefit corporation.[1]
The company has 1,477 customers including Bayer, Boehringer Ingelheim, Eli Lilly and Company, Gilead Sciences, Merck & Co., Novartis, Alkermes plc, Alnylam Pharmaceuticals, bluebird bio, and Idorsia.[1] Its primary competitor for its customer relationship management software is Salesforce, which is partnered with IQVIA.[1]
History
[edit]Veeva was founded in 2007 by Peter Gassner and Matt Wallach.[2]
In 2011, the company introduced Veeva Vault, a content management system for the life sciences industry.[3]
In October 2013, Veeva became a public company via an initial public offering on the New York Stock Exchange.[4][5]
In February 2021, Veeva became the first publicly traded company to convert to a public benefit corporation.[6]
In 2025, Veeva ended its partnership with Salesforce, a competitor.[7]
In April 2025, Veeva announced artificial intelligence features for its applications to help life sciences companies automate tasks and improve employee productivity.[8]
In August 2025, Veeva partnered with IQVIA after ending litigation regarding trade secrets.[9]
Acquisitions
[edit]| # | Date | Company | Notes | Ref. |
|---|---|---|---|---|
| 1 | October 2015 | Zinc Ahead | Content management software company | [10] |
| 2 | October 2019 | Crossix | privacy-safe patient data and analytics company | [11] |
| 3 | November 2019 | Physicians World | Provider of business process outsourcing services | [12] |
| 4 | August 2021 | Learnaboutgmp | Compliance training services for life sciences organizations | [13] |
| 5 | December 2021 | Veracity Logic | Provider of cloud software for randomization and trial supply management | [14] |
References
[edit]- ^ a b c d e "Veeva Systems, Inc. Annual Report fiscal year ending January 31, 2025 (Form 10-K)". U.S. Securities and Exchange Commission. March 24, 2025.
- ^ a b "Peter Gassner Profile". Forbes.
- ^ "Veeva Systems Introduces New Regulated Content Management Solution for Life Sciences" (Press release). Business Wire. February 15, 2011 – via Biospace.
- ^ Gage, Deborah (October 16, 2013). "Veeva Systems Soars in IPO In Win For Biotech Cloud Software". The Wall Street Journal. Archived from the original on 19 July 2023.
- ^ Aggarwal, Varun; Das, Avik (October 16, 2013). "Cloud company Veeva's shares nearly double in debut". Reuters.
- ^ Rinker, Brian (January 27, 2021). "Veeva Systems is now a public benefit corporation. But what does that mean?". American City Business Journals.
- ^ Ford, Brody (December 24, 2024). "Salesforce Stokes Veeva Fight by Snagging Drug Customers". Bloomberg Law.
- ^ "Announcing Veeva AI" (Press release). PR Newswire. April 29, 2025.
- ^ Seal, Dean (August 18, 2025). "IQVIA Teams with Veeva Systems After Resolving Legal Dispute". MarketWatch.
- ^ "Veeva scoops up rival Zinc Ahead to create mega-content management platform". Fierce Pharma (Press release). Questex. October 5, 2015.
- ^ Bulik, Beth Snyder (October 2, 2019). "Veeva acquires Crossix, pairing doctor, patient data and marketing services". Fierce Pharma. Questex.
- ^ "Veeva Acquires Physicians World" (Press release). Business Wire. November 7, 2019.
- ^ "Veeva Acquires Learnaboutgmp, a Leading GxP eLearning Content Provider" (Press release). PR Newswire. August 3, 2021.
- ^ "Veeva Acquires Veracity Logic for Randomization and Trial Supply Management (RTSM)" (Press release). PR Newswire. December 13, 2021.
External links
[edit]- Official website
- Business data for Veeva Systems:
- 2007 establishments in California
- 2013 initial public offerings
- American companies established in 2007
- Cloud computing providers
- Companies based in Pleasanton, California
- Companies listed on the New York Stock Exchange
- Public benefit corporations based in California
- Software companies based in the San Francisco Bay Area
- Software companies established in 2007
- Software companies of the United States