Veeva Systems

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.[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

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

References

  1. Veeva Systems, Inc. Annual Report fiscal year ending January 31, 2025 (Form 10-K) U.S. Securities and Exchange Commission, March 24, 2025^
  2. Peter Gassner Profile Forbes^
  3. Veeva Systems Introduces New Regulated Content Management Solution for Life Sciences Business Wire, February 15, 2011^
  4. Deborah Gage. Veeva Systems Soars in IPO In Win For Biotech Cloud Software The Wall Street Journal, October 16, 2013^
  5. Varun Aggarwal. Cloud company Veeva's shares nearly double in debut Reuters, October 16, 2013^
  6. Brian Rinker. Veeva Systems is now a public benefit corporation. But what does that mean? American City Business Journals, January 27, 2021^
  7. Brody Ford. Salesforce Stokes Veeva Fight by Snagging Drug Customers Bloomberg Law, December 24, 2024^
  8. Veeva scoops up rival Zinc Ahead to create mega-content management platform Fierce Pharma, Questex, October 5, 2015^
  9. Beth Snyder Bulik. Veeva acquires Crossix, pairing doctor, patient data and marketing services Fierce Pharma, Questex, October 2, 2019^
  10. Veeva Acquires Physicians World Business Wire, November 7, 2019^
  11. Veeva Acquires Ostro the Leading Brand Engagement Platform for Life Sciences Veeva Systems, March 10, 2026^