{{short description|U.S. provider of software for the life sciences industry}} {{Infobox company | name = Veeva Systems Inc. | logo = Veeva_Systems_logo.svg | type = Public benefit corporation | traded_as = {{ubl|{{NYSE|VEEV}} (Class A)|S&P 500 component}} | industry = Software for life sciences | founded = {{Start date and age|2007}} | founders = {{ubl|Peter Gassner|Matt Wallach}} | location_city = Pleasanton, California | location_country = U.S. | key_people = {{ubl|class=nowrap|Peter Gassner (CEO)|Brent Bowman (CFO)|Pinal Patel (CIO)|Tom Schwenger (COO)}} | products = Software | services = Business consulting | revenue = {{nowrap|{{increase}} {{US$|3.195 billion|link=yes}} (FY 2026)}} | operating_income = {{increase}} {{US$|916 million}} (FY 2026) | net_income = {{increase}} {{US$|908 million}} (FY 2026) | assets = {{increase}} {{US$|8.979 billion}} (FY 2026) | equity = {{increase}} {{US$|7.214 billion}} (FY 2026) | num_employees = 7,928 (2026) | website = {{URL|veeva.com}} | footnotes = <ref name=10K>{{cite web | url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0001393052/000139305226000014/veev-20260131.htm |title=Veeva Systems, Inc. Annual Report fiscal year ending January 31, 2026 (Form 10-K) |date=March 20, 2026 |publisher=U.S. Securities and Exchange Commission}}</ref><ref name=founders>{{cite web |url=https://www.forbes.com/profile/peter-gassner/ |title=Peter Gassner Profile | work=Forbes}}</ref> }}
'''Veeva Systems Inc.''', headquartered in Pleasanton, California, provides cloud computing software, data, and consulting services for the life sciences industry.<ref name=10K/> Its products are used to track all aspects of drug development and pharmaceutical manufacturing.<ref name=10K/>
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.<ref name=10K/> Its primary competitor for its customer relationship management software is Salesforce, which is partnered with IQVIA.<ref name=10K/>
==History== Veeva was founded in 2007 by Peter Gassner and Matt Wallach.<ref name=founders/>
In 2011, the company introduced Veeva Vault, a content management system for the life sciences industry.<ref>{{Cite press release | url=https://www.biospace.com/veeva-systems-inc-introduces-new-regulated-content-management-solution-for-life-sciences | title=Veeva Systems Introduces New Regulated Content Management Solution for Life Sciences | via=Biospace | date=February 15, 2011}}</ref>
In October 2013, Veeva became a public company via an initial public offering on the New York Stock Exchange.<ref>{{cite news |last=Gage |first=Deborah |date=October 16, 2013 |title=Veeva Systems Soars in IPO In Win For Biotech Cloud Software |url=https://www.wsj.com/articles/DJFVW00020131016e9agqx3m0 |work=The Wall Street Journal |url-access=subscription}}</ref><ref>{{cite news |url=https://www.reuters.com/article/us-veeva-ipo/cloud-company-veevas-shares-nearly-double-in-debut-idUKBRE99F0K220131016 |last=Aggarwal |first=Varun |last2=Das |first2=Avik |title=Cloud company Veeva's shares nearly double in debut | work=Reuters |date=October 16, 2013}}</ref>
In February 2021, Veeva became the first publicly traded company to convert to a public benefit corporation.<ref>{{cite news | url=https://www.bizjournals.com/sanfrancisco/news/2021/01/27/veeva-systems-public-benefit-corporation.html | title=Veeva Systems is now a public benefit corporation. But what does that mean? | first=Brian | last=Rinker | work=American City Business Journals | date=January 27, 2021 | url-access=subscription}}</ref>
In 2025, Veeva ended its partnership with Salesforce, a competitor.<ref>{{cite news | url=https://news.bloomberglaw.com/health-law-and-business/salesforce-stokes-fight-with-veeva-by-snagging-drug-customers | title=Salesforce Stokes Veeva Fight by Snagging Drug Customers | first=Brody | last=Ford | work=Bloomberg Law | date=December 24, 2024}}</ref>
===Acquisitions===
{| class="wikitable sortable" |- ! scope="col" | # ! scope="col" | Date ! scope="col" | Company ! scope="col" | Notes ! scope="col" class="unsortable" | {{Reference column heading}} |- | 1 | {{dts|2015|10}} | Zinc Ahead | Content management software company | <ref>{{cite press release |url=http://www.fiercepharma.com/sales-and-marketing/veeva-scoops-up-rival-zinc-ahead-to-create-mega-content-management-platform |title=Veeva scoops up rival Zinc Ahead to create mega-content management platform | work=Fierce Pharma | publisher=Questex |date=October 5, 2015}}</ref> |- | 2 | {{dts|2019|10}} | Crossix | Medical privacy-safe patient data and analytics company | <ref>{{Cite news | url=https://www.fiercepharma.com/marketing/veeva-acquires-patient-data-and-analytics-specialist-crossix-pairing-hcp-and-patient-data | title=Veeva acquires Crossix, pairing doctor, patient data and marketing services | first=Beth Snyder | last=Bulik | work=Fierce Pharma | publisher=Questex | date=October 2, 2019}}</ref> |- | 3 | {{dts|2019|11}} | Physicians World | Provider of business process outsourcing services | <ref>{{Cite press release | url=https://www.nasdaq.com/press-release/veeva-acquires-physicians-world-2019-11-07 | title=Veeva Acquires Physicians World | publisher=Business Wire | date=November 7, 2019}}</ref> |- | 4 | {{dts|2021|08}} | Learnaboutgmp | Compliance training services for life sciences organizations | <ref>{{Cite news | url=https://www.marketscreener.com/quote/stock/VEEVA-SYSTEMS-INC-14551091/news/Veeva-Systems-Inc-acquired-Learnaboutgmp-LLC-36066980/ | title=Veeva Systems Inc. acquired Learnaboutgmp LLC. | publisher=S&P Global | date=August 2, 2021}}</ref> |- | 5 | {{dts|2021|12}} | Veracity Logic | Provider of cloud software for randomization and trial supply management | <ref>{{Cite news | url=https://www.marketscreener.com/quote/stock/VEEVA-SYSTEMS-INC-14551091/news/Veeva-Systems-Inc-acquired-Veracity-Logic-LLC-37315912/ | title=Veeva Systems Inc. acquired Veracity Logic, LLC. | publisher=S&P Global | date=December 12, 2021}}</ref> |- | 6 | {{dts|2026|03}} | Ostro | Patient and HCP engagement with AI agents for life sciences; price was $100 milllion | <ref>{{Cite news | url=https://www.fiercepharma.com/marketing/veeva-shells-out-100m-ostro-and-its-ai-chat-tool-pharma-brand-engagement | title=Veeva shells out $100M for Ostro and its AI chat tool for pharma brand engagement | first=Andrea | last=Park | work=Fierce Pharma | publisher=Questex | date=March 11, 2026}}</ref> |}
==References== {{Reflist|}}
==External links== *{{Official website|https://www.veeva.com}} {{Finance links | name = Veeva Systems Inc. | google = VEEV:NYSE | reuters = VEEV.N | sec_cik = 1393052 | yahoo = VEEV }}
{{S&P 500 companies}} {{Contract research organization|state=collapsed}} {{authority control}}
Category:2007 establishments in California Category:2013 initial public offerings Category:American companies established in 2007 Category:Cloud computing providers Category:Companies based in Pleasanton, California Category:Companies listed on the New York Stock Exchange Category:Public benefit corporations based in California Category:Software companies based in the San Francisco Bay Area Category:Software companies established in 2007 Category:Software companies of the United States