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Company Overview
About Veeva Systems
Veeva Systems Inc. is the leading cloud software provider for the global life sciences industry, headquartered in Pleasanton, California. Founded in 2007 by Peter Gassner (a former Salesforce executive) and Matt Wallach, Veeva built its platform on Salesforce and later developed its own Vault cloud infrastructure. The company became a public benefit corporation (PBC) in 2021. Veeva reported revenues of $2.7B in fiscal year 2025 (ending January 2025), up 14% year-over-year, with a market capitalization of approximately $40B.
Business Model & Competitive Advantage
Veeva's platform is organized around two clouds: Commercial Cloud (CRM, marketing, data) and R&D Cloud (Vault). The Vault platform includes Vault Clinical (clinical trial management), Vault Quality (quality management systems), Vault Regulatory (submissions and labeling), and Vault Safety (pharmacovigilance). Virtually every major pharmaceutical company globally uses Veeva — Pfizer, AstraZeneca, Johnson & Johnson, Roche, Novartis. The company has exceptional net revenue retention (~120%+) driven by expansion within existing enterprise accounts.
Competitive Landscape 2025–2026
Veeva is making a significant platform bet on Veeva Vault CRM — a complete rebuild of its CRM on its own Vault architecture rather than Salesforce, representing both an opportunity (better integration) and a migration challenge. Vault CRM is expected to become the primary commercial platform for the life sciences industry by 2030. Veeva is also investing heavily in AI capabilities (Veeva AI) to enable AI-driven drug development, clinical operations, and commercial insights.
Recent Activity
View all →Key Differentiators
Market Leader
Veeva Systems is recognized as a market leader in the Healthcare Tech sector, demonstrating strong industry presence and customer trust.
Enterprise Scale
With $2.7B in revenue, Veeva Systems operates at enterprise scale with proven market validation.
Top 3 Ranked
Ranked #1 in the Healthcare Tech category, consistently recognized for excellence.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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