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A. Rachel Leheny

Smart Money RatingBased on the data VC Catalog holds.

Smart Money Rating: 83 out of 100

Founding Managing Director, Valence Life Sciences

Firm
Valence Life Sciences
Title
Founding Managing Director
Role
Managing partner
Known as
Investor
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Record updated 21 September 2026

About

In 2012, Dr. Leheny co-founded Valence Life Sciences. Prior to Valence Life Sciences, Dr. Leheny managed Caxton Advantage which she co-founded in 2004.

Dr. Leheny has 30 years of experience in the life sciences industry. From April 2000 to May of 2002, Dr. Leheny was the Head of the Biotechnology Research Team and a Senior Vice President at Lehman Brothers. Dr. Leheny headed the Biotechnology Research Team at UBS Warburg and worked at Hambrecht & Quist, most recently as a Managing Director and Senior Biotechnology Analyst. Dr. Leheny was also named a Wall Street Journal research All-Star for stock picking for several years.

Source (opens in a new tab)

Background

Education
Dr. Leheny obtained her A.B. in Chemistry with honors from Harvard College and a Ph.D. in chemistry from Columbia University. She did post-doctoral work at the University of California, Berkeley where she was an NIH fellow and a lecturer.Source (opens in a new tab)

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