 | |
| Type | Public benefit corporation |
|---|---|
| Industry | Software for life sciences |
| Founded | 2007 (2007) |
| Founders |
|
| Headquarters | , U.S. |
Key people |
|
| Products | Software |
| Services | Business consulting |
| Revenue |  US$3.195 billion (FY 2026) |
| US$916 million (FY 2026) | |
| US$908 million (FY 2026) | |
| Total assets | US$8.979 billion (FY 2026) |
| Total equity | US$7.214 billion (FY 2026) |
Number of employees | 7,928 (2026) |
| Website | veeva |
| Footnotes [1][2] | |
Veeva Systems Inc., headquartered in Pleasanton, California, provides cloud computing software, data, and consulting services for the life sciences industry.[1] Its products are used to track all aspects of drug development and pharmaceutical manufacturing.[1]
The company has 1,552 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
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]
Acquisitions
| # | Date | Company | Notes | Ref. |
|---|---|---|---|---|
| 1 | October 2015 | Zinc Ahead | Content management software company | [8] |
| 2 | October 2019 | Crossix | Medical privacy-safe patient data and analytics company | [9] |
| 3 | November 2019 | Physicians World | Provider of business process outsourcing services | [10] |
| 4 | August 2021 | Learnaboutgmp | Compliance training services for life sciences organizations | [11] |
| 5 | December 2021 | Veracity Logic | Provider of cloud software for randomization and trial supply management | [12] |
| 6 | March 2026 | Ostro | Patient and HCP engagement with AI agents for life sciences; price was $100 milllion | [13] |
References
- "Veeva Systems, Inc. Annual Report fiscal year ending January 31, 2026 (Form 10-K)". U.S. Securities and Exchange Commission. March 20, 2026.
- "Peter Gassner Profile". Forbes.
- "Veeva Systems Introduces New Regulated Content Management Solution for Life Sciences" (Press release). 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.
- 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.
- "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 Systems Inc. acquired Learnaboutgmp LLC". S&P Global. August 2, 2021.
- "Veeva Systems Inc. acquired Veracity Logic, LLC". S&P Global. December 12, 2021.
- Park, Andrea (March 11, 2026). "Veeva shells out $100M for Ostro and its AI chat tool for pharma brand engagement". Fierce Pharma. Questex.
External links
- Official website
- Business data for Veeva Systems Inc.: