Veeva Systems
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Veeva Systems Inc. is an American
cloud-computing Cloud computing is "a paradigm for enabling network access to a scalable and elastic pool of shareable physical or virtual resources with self-service provisioning and administration on-demand," according to ISO. Essential characteristics ...
company focused on
pharmaceutical Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...
and
life sciences This list of life sciences comprises the branches of science that involve the scientific study of life – such as microorganisms, plants, and animals including human beings. This science is one of the two major branches of natural science, ...
industry applications. Headquartered in
Pleasanton, California Pleasanton is a city in Alameda County, California, United States. Located in the Amador Valley, it is an upscale suburb in the East Bay region of the San Francisco Bay Area. The population was 79,871 at the 2020 United States census, 2020 cens ...
, it was founded in 2007 by Peter Gassner and Matt Wallach. It operates with
software as a service Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike o ...
(SaaS) in the life-science industry. Veeva Systems Inc. went public on the New York Stock Exchange in October 2013. As of July 9, 2025, it has a
market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...
of US$46.1 billion. On February 1, 2021, Veeva became a public benefit corporation. This made it the first publicly traded company to convert to a public benefit corporation. On December 1, 2022, Veeva announced it would not renew its Salesforce partnership when it expired in September 2025, choosing instead to migrate Veeva CRM onto its own Vault Platform. The decision ended a 15+ year collaboration that had given Veeva approximately 80% market share in the life sciences CRM space.


Acquisitions

In 2015, Veeva acquired Zinc Ahead, a content management software company. In 2019, Veeva acquired Crossix, a
privacy Privacy (, ) is the ability of an individual or group to seclude themselves or information about themselves, and thereby express themselves selectively. The domain of privacy partially overlaps with security, which can include the concepts of a ...
-safe patient data and analytics company. In the same year, it also acquired Physicians World LLC, a
pharmaceutical company The pharmaceutical industry is a Medicine, medical industry that discovers, develops, produces, and markets pharmaceutical goods such as medications and medical devices. Medications are then administered to (or Self-medicate, self-administered b ...
that provides business process outsourcing services. In 2021, Veeva acquired Learnaboutgmp LLC, which provides
compliance training Compliance training refers to the process of educating employees on laws, regulations and company policies that apply to their day-to-day job responsibilities. An organization that engages in compliance training typically hopes to accomplish sever ...
services for
life sciences This list of life sciences comprises the branches of science that involve the scientific study of life – such as microorganisms, plants, and animals including human beings. This science is one of the two major branches of natural science, ...
organizations.


References


External links

* Software companies based in the San Francisco Bay Area Software companies established in 2007 American companies established in 2007 2007 establishments in California Companies based in Pleasanton, California Cloud computing providers 2013 initial public offerings Companies listed on the New York Stock Exchange Software companies of the United States Public benefit corporations based in California {{US-software-company-stub