With several entrepreneurs in our ranks, we understand what goes into building a business. It’s much more than turning an idea into revenues. It takes preparation, planning, sacrifice, and adaptability. And once you’ve given everything you have, occasionally the tide changes and you have to re-think your entire strategy. With hundreds of successful startups as clients, we thrive on turning an initial consultation into a successful, long-term relationship.

The Vela Wood legal staff is Carta Certified at the Proficient through Expert levels and is able to assist with your cap table needs.

Select Transactions
  • Have facilitated over 700 venture transactions ranging from $250k pre-Seed rounds through Series C financings, representing over $1.2B in transaction value
  • In 2023, facilitated over 40 venture financings ranging from pre-seed Safe rounds through Series B equity financings 
  • In 2023, facilitate over $300M in exits

VW Resources
Venture Deals Reports

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


Equity Incentive Plan & Incentive Unit Plan FAQs

Equity Incentive Plans (EIP), used in corporations, and Incentive Unit Plans (IUP), used in LLCs, are plans that allocate shares or membership units, respectively, for issuance to service providers as equity compensation. If you’re considering setting up an EIP or IUP for your company, check out the FAQs below!



Venture Glossary

Welcome to Venture Glossary™, where we arm you with the venture startup terminology tools you need.

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Select Offering Exemptions Chart

Here is a guide identifying some of the requirements, limitations, and advantages of a few federal exemptions available to small businesses raising capital.

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Early Stage Lifecycle

Wondering if your startup is where it should be? This infographic will walk you through the five stages a startup goes through and give you an idea of where you should be when it comes to your startup’s product, funding, marketing, revenues, legal work, and more.

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External Resources
Texas Angel Networks
Other Resources
Recent Related Blog Posts
Funding & Capital Raising
Venture in the Middle: Bridge Rounds in a Down Funding Environment

Venture financings are at a two-year low, which is predictable given the current state of the economy. But startups need capital even during downtimes, so bridge rounds tend to increase. Here are a few tips for navigating bridge rounds in a down funding environment.

Funding & Capital Raising
Understanding Authorized, Issued and Reserved Shares

In this blog we explore the difference between a corporation’s authorized, issued and reserved shares and some corporate governance considerations to keep in mind as shares, options, and warrants are being issued to founders, service providers, and investors.

Funding & Capital Raising
Comparing Convertible Instruments

In this blog, we explain the key similarities and differences between convertible notes and post-money Safes so you can understand the nuances between convertible instruments before you get to the negotiation table.

How We’ve Helped Our Clients
NoiseAware Inc.

NoiseAware offers state of the art noise monitoring solutions for the short-term rental industry. NoiseAware has evolved over the past several years into a global leader in hardware and software solutions for individual and professional property managers alike. Vela Wood […]

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SignEasy is a global leader in the electronic signature space and is trusted by over 35,000 companies worldwide and processes millions of signatures each year. SignEasy has been a Vela Wood client for over 10 years, and during that time […]

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Build With Robots

Build With Robots is a New Mexico-based tech company that designs and builds robotics to perform dangerous, repetitive tasks. Build With Robots’ technology is not designed to replace people’s jobs – their goals are to make workers lives easier and […]

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Boston based Apptopia is a data intelligence platform that enables brands to analyze critical competitive signals and gain insights across mobile apps and connected devices. Apptopia customers include some of the best known brands in the world, including Zoom, Target, […]

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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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Podcast Channel
Office Hours

Office Hours is our podcast covering general issues related to small businesses and startups.

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Podcast Channel
Preparing for Funding

Preparing For Funding is a series of Office Hours episodes about getting your company’s legal house in order before taking on funding.

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Podcast Channel
Venture Deals Review

Venture Deals Review is a series of Office Hours episodes discussing the seminal book in the venture world, Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist.

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Podcast Channel
Three Things
In Three Things, we ask leaders in the startup and small business community three questions related to their experience with entrepreneurship.
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Podcast Channel
Silicon Valley Review

In Silicon Valley Review, we review each episode of HBO’s Silicon Valley and discuss how it applies to real startups.

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Lead Attorneys

“Vela, stop shooting so much.”

– Coach Cranfill

Kevin Vela Partner

“The impediment to action advances action. What stands in the way becomes the way.”

— Marcus Aurelius

Radney Wood Partner

“For there is always light, if only we’re brave enough to see it. If only we’re brave enough to be it.”

– Amanda Gorman

Alyson Rubio Partner

“I am the master of my fate: I am the captain of my soul.”

– William Ernest Henley

Rich Sapien Senior Counsel

“When something is important enough, you do it even if the odds are not in your favor.”

– Elon Musk

Jeff Villalobos Senior Attorney

“Do or do not, there is no try.”

– Jedi Master Yoda

Trevor LaBarge Senior Attorney