What Veeva does

Veeva Systems is a public cloud software company (NYSE: VEEV) founded in 2007 and headquartered in Pleasanton, California, that builds industry-specific applications for the global life sciences sector. The company operates the Veeva Vault Platform — a validated, regulated cloud infrastructure powering five product clouds: Veeva Development Cloud (clinical, eTMF, CTMS, RTSM, EDC, CDB, eCOA), Veeva Regulatory (RIM, Submissions), Veeva Safety Suite (pharmacovigilance), Veeva Quality Cloud (QMS, Training, LIMS, Batch Release, plus new EHS module), and Veeva Commercial Cloud (Vault CRM Suite, Ostro, Campaign Manager, Events Management, PromoMats, Align, Patient CRM). Supporting layers include the Veeva Data Cloud (OpenData, Link, Compass, Crossix) and a growing AI portfolio (Vault AI, Veeva Falcon, Veeva Falcon MLR). The company serves more than 1,500 customers across pharma, biotech, MedTech, consumer health, and CDMOs, including 15 of the top 20 global biopharma companies, with 4,000+ active Vault instances and 2M+ monthly active users.

Veeva's go-to-market is direct enterprise field sales targeting life sciences organizations through multi-year subscription contracts; the company maintains 5,001-10,000 employees and operates globally across North America, Europe, Asia Pacific, Latin America, and the Middle East. Revenue is overwhelmingly recurring — approximately 89% subscription, with subscription revenue of $730.2M in Q1 FY2027 (15% YoY) and total Q1 FY2027 revenue of $882.9M (16% YoY). Full-year FY2026 revenue was $3.195B and management has guided FY2027 to $3.635-3.645B. The Vault CRM Suite shows particularly strong momentum, with 140 customers live as of May 2026 (up from 125+ earlier in the year), 27 new customers added in Q1 FY2027, and an 80%+ competitive win rate.

The company pursues an aggressive AI- and acquisition-led growth strategy. Three acquisitions were completed in 2026 — Yonalink (clinical data, February), Ostro (AI brand engagement, ~$100M, March), and Copli (agentic MLR, rebranded as Veeva Falcon MLR, June) — alongside major product launches including Veeva Falcon (agentic platform, November 2026 early access) and Veeva EHS (August 2026). Veeva was added to the S&P 500 index on May 7, 2026, and the company operates as a Public Benefit Corporation under CEO and founder Peter Gassner. Strategic data ecosystem partnerships with Snowflake (Openflow Connector) and Databricks (Genie AI agents embedded in Vault CRM) extend the platform into customer data architectures, signaling a deliberate positioning as the workflow and AI orchestration layer for life sciences.

Name

Veeva

Legal name

Veeva Systems Inc.

Website

https://veeva.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Veeva Systems provides cloud-based software for the global life sciences industry, serving 1,500+ customers including 15 of the top 20 biopharma companies across clinical, regulatory, safety, quality, and commercial operations on its Veeva Vault Platform.

Ownership category

akta.pro rank

Product category

Life Sciences Cloud Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL)

Keywords

• Life sciences cloud software
• Clinical trial management
• Regulatory information management
• Pharmacovigilance safety systems
• Pharmaceutical quality management

Headquarters

HQ city

Pleasanton

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription Revenue: Veeva generates the majority of its revenue (approximately 89% of total) from subscription-based software licenses for its Vault platform applications. Customers pay annual or multi-year subscription fees based on the number of users, applications deployed, and contract value. Subscription revenue grew 15% year-over-year to $730.2 million in Q1 FY2027.
2. Professional Services: Implementation, consulting, and training services to help customers deploy and optimize Veeva applications. Professional services contributed $101.3 million in Q1 FY2026, representing approximately 11% of total revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Veeva Systems provides the industry cloud for life sciences, delivering cloud-based software on the Veeva Vault Platform for pharmaceutical, biotech, and MedTech organizations. The portfolio spans Veeva Development Cloud (clinical, regulatory, safety), Veeva Quality Cloud, Veeva Medical Suite, and Veeva Commercial Cloud (CRM and engagement), supported by data products and AI capabilities including Vault AI, Veeva Falcon, and Ostro. Approximately 89% of revenue comes from subscription fees, with the remainder from professional services.

Product overview

Veeva Systems provides a comprehensive industry cloud platform for life sciences, operating as a unified platform-plus-modules architecture. The portfolio spans five core clouds: Veeva Development Cloud (encompassing Veeva Clinical Platform, eTMF, CTMS, RTSM, EDC, CDB, eCOA), Veeva Regulatory (RIM, Registrations, Submissions), Veeva Safety Suite (Safety, SafetyDocs, Safety Signal, Safety Workbench), Veeva Quality Cloud (QualityDocs, QMS, Training, LIMS, Validation Management, Batch Release), and Veeva Commercial Cloud (Vault CRM Suite, Ostro, Campaign Manager, Events Management, Align, Patient CRM, PromoMats, Nitro). Supporting these are data products (OpenData, Veeva Link, Veeva Compass) and AI capabilities (Vault AI, Veeva Falcon, Veeva Falcon MLR). The platform serves pharma, biotech, MedTech, and other life sciences organizations across clinical, regulatory, quality, medical, and commercial operations.

Differentiator

Problem solved

Functional benefit

Brands

• Veeva Vault: The company's cloud-based platform for life sciences applications
• Veeva Development Cloud
• Veeva Quality Cloud
• Veeva Commercial Cloud
• Veeva Safety Suite
• Veeva RIM
• Veeva Medical Suite
• Ostro
• Veeva Falcon
• Veeva Falcon MLR
• Veeva EHS
• Veeva AI
• Veeva Crossix
• SiteVault
• Veeva OpenData
• Veeva Link
• Veeva Compass
• QualityOne

Products and services

• Veeva Vault Platform
• Veeva Development Cloud
• Veeva Clinical Platform
• Veeva eTMF
• Veeva CTMS
• Veeva RTSM
• Veeva EDC
• Veeva CDB
• Veeva eCOA
• Veeva RIM
• Veeva Submissions
• Veeva Safety Suite
• Veeva Safety
• Veeva Safety Signal
• Veeva Quality Cloud
• Veeva QualityDocs
• Veeva QMS
• Veeva Training
• Veeva LIMS
• Veeva Medical Suite
• Veeva Vault CRM Suite
• Ostro AI-powered brand engagement platform providing instant compliant answers for patients and HCPs using conversational AI and semantic search drawn from MLR-approved materials; trusted by 50% of the Top 20 global pharmaceutical companies.
• Veeva Campaign Manager Marketing automation application for coordinating sales and marketing engagement in unified campaigns using both non-personal and field channels with segmented, multi-action campaigns.
• Veeva Events Management
• Veeva Align
• Veeva Patient CRM
• Veeva PromoMats
• Veeva Nitro
• Veeva OpenData
• Veeva Link
• Veeva Compass
• Vault AI
• Veeva Falcon Agentic platform with standard agents for life sciences drug development processes including trial master file document intake, health authority correspondence, and safety case triage; Veeva's first offering in 'agentic labor' for the industry.
• Veeva Falcon MLR Agentic Medical, Legal, and Regulatory content-review platform that automates promotional and medical material reviews against approved labels and local regulations, aiming to eliminate over 70% of manual MLR work within five years.
• Veeva EHS Environmental, Health, and Safety management application within Veeva Quality Cloud for proactive risk identification and mitigation while ensuring compliance with global requirements.
• SiteVault

Quantifiable outcome

• 50% faster time to market for promotional content
• +9 more outcomes

Named customers20 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature9 records

Partnerships

13 partnerships are on record, tiered core and major.

• CoplicoreOEM/ Whitelabel/ Licensing Partner · 23 June 2026Veeva acquired Copli, a Copenhagen-based pioneer in agentic medical, legal, and regulatory (MLR) solutions for the life sciences industry. Copli was rebranded as Veeva Falcon MLR, an agentic automation solution that automates promotional and medical material reviews against approved labels and local regulations.
• ELIQUENT Life SciencescoreImplementation/ SI/ Consulting Partner · 1 June 2026ELIQUENT Life Sciences announced the June 1 go-live of Veeva Safety Suite at UCB, marking one of the first deployments of the complete suite globally. The transformation unified UCB's pharmacovigilance operations across case processing, signal management, and reporting into a single cloud-based platform. ELIQUENT led the implementation as the strategic collaboration partner.
• Daelight SolutionsmajorImplementation/ SI/ Consulting Partner · 1 June 2026Daelight Solutions was part of the strategic collaboration delivering Veeva Safety Suite at UCB, migrating 14 million documents and 80 million records into the single cloud-based platform.
• PinnaxismajorImplementation/ SI/ Consulting Partner · 1 June 2026Pinnaxis was part of the strategic collaboration delivering Veeva Safety Suite at UCB, providing implementation services for the pharmacovigilance transformation.
• DatabrickscoreTechnology or Integration · 18 May 2026Databricks and Veeva integrated their platforms to enable life sciences commercial teams to access real-time AI-powered insights directly within Veeva Vault CRM workflows. The integration embeds Databricks Genie AI agents and AI/BI dashboards into the CRM, allowing field teams to query patient signals, HCP prioritization data, KOL information, and territory analytics on demand.
• Accumulus TechnologiescoreTechnology or Integration · 7 May 2026Accumulus Technologies announced live integration with Veeva RIM, creating real-time connection between Veeva's regulatory information management system and the Accumulus platform for global health authority collaboration. The integration enables life sciences companies to manage regulatory interactions directly within their existing Veeva RIM environment, eliminating manual reconciliation and system switching. Amgen is among the first companies to deploy the solution.
• SnowflakecoreTechnology or Integration · 6 May 2026Snowflake and Veeva announced a collaboration to connect Snowflake's AI Data Cloud for Healthcare & Life Sciences with the Veeva Vault Platform via a new Openflow Connector. The connector enables organizations to access read-only Veeva data within Snowflake to run analytics and AI workflows across clinical, safety, regulatory, quality, and commercial operations without heavy engineering effort. This partnership advances agentic AI adoption in life sciences by bridging business process execution and enterprise data.
• Veracity LogiccoreOEM/ Whitelabel/ Licensing Partner · 13 December 2021Veeva acquired Veracity Logic, a provider of cloud software for randomization and trial supply management (RTSM), to enhance its clinical offerings. The combined solutions support over 175 trials across 60 countries and serve multiple therapeutic areas in pharma, biotech, medical devices, and diagnostics.
• LearnaboutgmpmajorOEM/ Whitelabel/ Licensing Partner · 3 August 2021Veeva acquired Learnaboutgmp, a provider of GxP training content for the life sciences industry, to enhance its training solutions within its Vault Training platform. The acquisition aims to improve compliance and training outcomes for customers.
• OstrocoreOEM/ Whitelabel/ Licensing PartnerVeeva acquired Ostro in March 2026 for approximately $100 million. Ostro is a brand engagement platform for life sciences providing AI-driven chat experiences that allow patients and doctors to receive compliant, real-time answers from approved materials. Ostro operates as an independent unit within Veeva and will integrate with Veeva Commercial Cloud applications.
• BioMarincoreStrategic or Co-development PartnerVeeva and BioMarin formed a long-term strategic partnership combining scientific capabilities with Veeva's technological leadership to bring transformative medicines more quickly to patients. BioMarin is expanding its use of Veeva's cloud platform across clinical, regulatory, and commercial operations.
• RochecoreStrategic or Co-development PartnerRoche expanded its strategic relationship with Veeva, committing to Vault CRM for personalized interactions that help teams better support healthcare professionals and patients. The partnership includes embedded AI capabilities for commercial execution.
• Novo NordiskcoreStrategic or Co-development PartnerNovo Nordisk International Operations committed to Veeva Vault CRM to empower global teams with next-generation CRM capabilities and agentic AI. The platform will help drive commercial execution for Novo Nordisk's global operations.

Scale indicators23 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/veeva-systems
• Xx.com/veevasystems
• Facebookfacebook.com/VeevaSystems

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veeva