Veeva Systems

Pleasanton, United States Founded: 2007 • Age: 19 yrs
Cloud-based data management solutions for healthcare are provided.
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About Veeva Systems

Veeva Systems is a company based in Pleasanton (United States) founded in 2007 by Peter Gassner.. Veeva Systems has raised $4 million across 1 funding round from investors including Emergence Capital. The company has 7,290 employees as of January 31, 2024. Veeva Systems has completed 6 acquisitions, including AdvantageMS, Crossix and Selligy. Veeva Systems operates in a competitive market with competitors including Sygnature Discovery, Instem, Dotmatics, Strateos and Molecular Connections, among others.

  • Headquarter Pleasanton, United States
  • Employees 7290 as on 31 Jan, 2024
  • Founders Peter Gassner
  • Stage Public
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Veeva Systems Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $2.75 B
    16.2
    as on Jan 31, 2024
  • Net Profit
    $714.14 M
    35.84
    as on Jan 31, 2024
  • EBITDA
    $747.37 M
    60.21
    as on Jan 31, 2024
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Jun 05, 2008

  • Investors
  • Employee Count
    7290

    as on Jan 31, 2024

  • Investments & Acquisitions
    AdvantageMS

    & 5 more

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IPO & Listings of Veeva Systems

Veeva Systems is a publicly listed company on the NYSE with ticker symbol VEEV in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: VEEV . Sector: Technology services · USA
People of Veeva Systems
Headcount 1000-5000
Employee Profiles 627
Board Members and Advisors 8
Employee Profiles
People
Eric Hewson
Senior Business And Management Consultant For Life Sciences Quality Vault
People
Sam Bavery
Senior Director, CDMS Strategy
People
Stephan Ohnmacht
Vice President, R&d Business Consulting, Europe
People
Abigail Sasdelli
Practice Manager

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Board Members and Advisors
people
Gordon Ritter
Chairman
people
Mary Lynne Hedley
Director
people
Mark Carges
Director
people
Paul Sekhri
Director

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Funding Insights of Veeva Systems

Veeva Systems has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in June 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $4.0M
  • First Round

    (05 Jun 2008)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2008 Amount Series A - Veeva Systems Valuation Emergence Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Veeva Systems

Veeva Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Emergence Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Tech focused Early and growth stage VC firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Veeva Systems

Veeva Systems has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AdvantageMS, Crossix and Selligy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Mobile tools for sales productivity and CRM pipeline visibility
2011
Limited information available
2007
Interactive Web and Phone Solutions for Clinical Trials
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Veeva Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veeva Systems Comparisons

Employees
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Competitors of Veeva Systems

Veeva Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sygnature Discovery, Instem, Dotmatics, Strateos and Molecular Connections, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Services and products for integrated drug discovery are provided.
domain founded_year HQ Location
Software for life science data collection and analysis is provided.
domain founded_year HQ Location
AI powered scientific data management and workflow automation solutions
domain founded_year HQ Location
Provider of cloud based platform provides data driven information for biotech research
domain founded_year HQ Location
Databases and analytics for drug discovery are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Veeva Systems

When was Veeva Systems founded?

Veeva Systems was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Where is Veeva Systems located?

Veeva Systems is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.

Who is the current CEO of Veeva Systems?

Peter Gassner is the current CEO of Veeva Systems. They have also founded this company.

Is Veeva Systems a funded company?

Veeva Systems is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Jun 05, 2008.

How many employees does Veeva Systems have?

As of Jan 31, 2024, the latest employee count at Veeva Systems is 7,290.

What is the annual revenue of Veeva Systems?

Annual revenue of Veeva Systems is $2.75B as on Jan 31, 2024.

What does Veeva Systems do?

Veeva Systems was founded in 2007 and is based in Pleasanton, United States. Operations center on cloud-based software for the life sciences sector, with tools developed for clinical, regulatory, quality, and safety management. Products including Vault EDC for data capture, Vault Coder for coding tasks, and Vault Safety for pharmacovigilance are utilized. Regulatory processes such as submissions and authorizations are supported through Vault Registrations and Vault Submissions.

Who are the top competitors of Veeva Systems?

Veeva Systems's top competitors include Dotmatics, Sygnature Discovery and Instem.

Is Veeva Systems publicly traded?

Yes, Veeva Systems is publicly traded on NYSE under the ticker symbol VEEV.

How many acquisitions has Veeva Systems made?

Veeva Systems has made 6 acquisitions, including AdvantageMS, Crossix, and Selligy.

Who are Veeva Systems's investors?

Veeva Systems has 1 investor. Key investors include Emergence Capital.

What is Veeva Systems's ticker symbol?

The ticker symbol of Veeva Systems is VEEV on NYSE.

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