Transcarent vs Veeva Systems
Side-by-side comparison of AI visibility scores, market position, and capabilities
Transcarent is an AI-powered health and care platform for employers that connects employees to transparent, high-value care and eliminates unnecessary healthcare spending.
About
Transcarent is a health and care company founded in 2020 by Glen Tullman, the founder of Livongo, that has raised over $450M to build an AI-powered health navigation platform for self-insured employers. The platform serves as a concierge health experience for employees, using AI to match members with high-quality providers, guide them to appropriate care settings, and help them avoid costly unnecessary procedures. Transcarent's WayFinding AI model draws on clinical data and quality metrics to direct employees to top-tier providers for specific conditions and procedures. The company has acquired 98point6, a virtual primary care platform, to integrate physician-delivered AI-powered primary care into its offering. Transcarent serves large self-insured employers that bear the full cost of employee healthcare and are motivated to improve quality while reducing unnecessary spending. The company promises employers cost savings and employees a better experience by removing the complexity that makes navigating healthcare so difficult. As employer healthcare costs continue rising, Transcarent addresses a massive market need for intelligent navigation that connects the right patient with the right care at the right cost.
Veeva Systems (VEEV) reported $2.7B revenue in FY2025, up 14% YoY. #1 cloud platform for life sciences. ~8,000 employees. HQ: Pleasanton, CA. Market cap ~$40B.
About
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.
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