Veeva Systems

Veeva Systems Inc. is an American cloud-computing company focused on pharmaceutical and life sciences industry applications. Headquartered in Pleasanton, California, it was founded in 2007 by Peter Gassner and Matt Wallach. It works with software as a service (SaaS) in the life-science industry.

Veeva Systems Inc.
TypePublic benefit corporation
IndustrySoftware
Founded2007 (2007)
Founders
Headquarters
Pleasanton, California
,
United States
Key people
RevenueIncrease US$2.16 billion (2023)
Decrease US$459 million (2023)
Increase US$488 million (2023)
Total assetsIncrease US$4.80 billion (2023)
OwnerIncrease US$3.72 billion (2023)
Number of employees
6,744 (2023)
SubsidiariesPhysicians World LLC, Crossix Solutions, Zinc Ahead, Learnaboutgmp LLC
Websiteveeva.com
Footnotes / references
Financials as of January 31, 2023
References:[1][2]

The company went public in October 2013.[3][4] As of May 5, 2022, it has a market capitalization of US$27.5 billion.[5]

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.[6]

Acquisitions

In 2015, Veeva acquired Zinc Ahead, a content management software company.[7]

In 2019, Veeva acquired Crossix, a privacy-safe patient data and analytics company.[8]

In 2019, Veeva acquired Physicians World LLC, a pharmaceutical company that provides business process outsourcing services.[9]

In 2021, Veeva acquired Learnaboutgmp LLC, which provides compliance training services for life sciences organizations.[10]

References
  1. "Veeva Systems, Inc. Annual Report fiscal year ending January 31, 2023 (Form 10-K)". U.S. Securities and Exchange Commission. 30 March 2023.
  2. "Peter Gassner Profile". Forbes. Retrieved 19 May 2022.
  3. Gage, Deborah (16 October 2013). "Veeva Systems Soars in IPO In Win For Biotech Cloud Software". The Wall Street Journal. Archived from the original on 19 July 2023.
  4. Aggarwal, Varun; Das, Avik (16 October 2013). "Cloud company Veeva's shares nearly double in debut". Reuters.
  5. "Veeva Systems Inc. Class A Common Stock (VEEV) Quote & Summary Data". nasdaq.com. 2022-05-05. Retrieved 2022-05-05.
  6. "Veeva Becomes First Public Company to Convert to a Public Benefit Corporation". Business Insider. Insider Inc. Archived from the original on 2021-03-01. Retrieved 2021-10-22.
  7. "Veeva scoops up rival Zinc Ahead to create mega-content management platform" (Press release). fiercepharma.com. 2015-10-05. Retrieved 2017-07-05.
  8. "Veeva to Acquire Crossix, the Leader in Privacy-Safe Patient Data and Analytics – Crossix". Retrieved 2019-10-02.
  9. "Veeva Acquires Physicians World | Veeva". www.veeva.com. November 7, 2019.
  10. "Veeva Acquires Learnaboutgmp, a Leading GxP eLearning Content Provider | Veeva". www.veeva.com. August 3, 2021.
  • Official website
  • Business data for Veeva Systems:
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