Who is Vela Wood?
Welcome to Vela | Wood

Vela Wood (VW) is a boutique full service law firm with a local feel and a global impact. We focus our practice in the areas of M&A, Sports & Gaming, Venture Capital, and Corporate Transactions. We pride ourselves in building real relationships with our clients and partnering with them for the long-haul.

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We’ve Got You Covered
Mergers & Acquisitions
Startups & Venture
Sports Law
Fund Representation
Intellectual Property
Need Help Along the Way?
Vela Wood Podcasts

Whether you’re a first-time founder or a serial entrepreneur, we have a podcast for you. We’ll walk you through the legal side of things and share our experiences counseling hundreds of startups.

Podcasts
Venture Glossary

Our Venture Glossary will be your new best friend. It features over 500 terms that are common parlance in the startup world, from Accelerated Vesting to Zombie.

Venture Glossary
Venture Deals in Review

To provide analysis on early-stage venture financing in North Texas, we have reviewed our venture transactions on a year-by-year basis.

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How We’ve Helped Our Clients
Telos Health Solution

Telos provides technology solutions that deliver real-time patient measure updates and intuitive care coordination workflows that enhance community care providers’ ability to make timely value-based care decisions.  Telos came to VW after a year of operations and VW helped Telos […]

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Learn from Our Experience
Corporate Governance
All Startups Should Be C Corps, But Not Necessarily In Delaware

In this blog, we discuss why C corps remain the best choice for startups seeking venture capital and explore recent court decisions that have made Delaware a less obvious choice for incorporation, prompting companies to consider alternatives like Texas and Nevada.


Funding & Capital Raising
Investment Advisor Exclusions

Not everyone who discusses money or investments is considered an investment advisor. This blog breaks down key exemptions for professionals like publishers, family offices, and those offering non-securities advice—and highlights how crossing certain lines can trigger SEC oversight.


Funding & Capital Raising
Private Funds, Public Rules – What Fund Managers Need to Know

This blog breaks down what qualifies as an “investment company” under federal law and explains how private fund managers—like those running hedge funds or venture capital firms—can avoid burdensome public registration by meeting key legal exemptions.