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
NYSE: VEEV (Class A)
Russell 1000 Component
IndustrySoftware
Founded2007 (2007)
FounderPeter Gassner
Headquarters
Pleasanton, California
,
United States
Key people
Peter Gassner, (CEO)
Brent Bowman, (CFO)
Catherine Allshouse, (CIO)
Tom Schwenger, (COO)
Revenue US$1.5 Billion (2021)[1]
US$380 Million (2021)[1]
Total assets US$3 Billion (2021)[1]
Number of employees
4,506 (2021)[1]
SubsidiariesPhysicians World LLC, Crossix Solutions, Zinc Ahead, Learnaboutgmp LLC [2]
Websiteveeva.com

The company went public in 2013. As of August 9, 2021, it has a market capitalization of US$49 billion.[3]

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.[4]

Acquisitions

In 2015, Veeva acquired Zinc Ahead, a content management software company.[5]

In 2019, Veeva acquired Crossix, a privacy-safe patient data and analytics company.[6]

In 2019, Veeva acquired Physicians World LLC, a pharmaceutical company that provides business process outsourcing services.[7]

In 2021, Veeva acquired Learnaboutgmp LLC, which provides compliance training services for life sciences organizations.[8]

References
  1. "Veeva Systems (VEEV)". Forbes.
  2. "veeva systems subsidiaries - Google Search". www.google.co.in.
  3. "Veeva Systems Inc. Class A Common Stock (VEEV) Quote & Summary Data". nasdaq.com. 2020-08-21. Retrieved 2020-08-21.
  4. "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.
  5. "Veeva scoops up rival Zinc Ahead to create mega-content management platform" (Press release). fiercepharma.com. 2015-10-05. Retrieved 2017-07-05.
  6. "Veeva to Acquire Crossix, the Leader in Privacy-Safe Patient Data and Analytics – Crossix". Retrieved 2019-10-02.
  7. "Veeva Acquires Physicians World | Veeva". www.veeva.com. November 7, 2019.
  8. "Veeva Acquires Learnaboutgmp, a Leading GxP eLearning Content Provider | Veeva". www.veeva.com. August 3, 2021.
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