Kevin Vela

Partner

Kevin Vela is a founding partner at Vela Wood. He focuses his practice in the areas of venture financing, fund formation, and M&A activities. In recent years, he has represented both startups and investors in over $100M in venture financing. Kevin was named a 2014, 2015, 2016, 2017, and 2018 Super Lawyer Rising Star, was honored by D Magazine as a Best Lawyer in Dallas in 2016, and is a Texas Bar Foundation Fellow, an honor granted to 1/3 of 1% of Texas attorneys. Kevin speaks, reads, and writes fluent Spanish, and is able to provide bilingual representation on request.

Email Kevin Vela

The mode by which the inevitable comes to pass is effort.

– Justice Holmes

Kevin is a graduate of the University of Texas, where he earned his bachelor degree in business administration and juris doctorate degree with honors. He was admitted to the Texas Bar in 2008.

Prior to law school, Kevin spent seven years in Dallas, working in finance and marketing. Although he began his career working for Fortune 500 companies, an entrepreneurial spirit led Kevin to pursue roles in several startup companies. Later, he started his own business, a test preparation company. Having scored in the top five percent on the GMAT, LSAT, and GRE, Kevin used his test taking expertise to help thousands of students increase their scores and gain admission to graduate school.

Kevin is active in the business and startup communities. He is the Chair of the Texas State Bar Committee for Law Focused Education. He is also a board member of CFxAustin and the Texas Wranglers Alumni Association, and is the chair of the Greenville Avenue Area Business Association (which puts on the annual St. Patrick’s Day Parade in Dallas).

He is a mentor for both RevTech, a leading venture accelerator and seed fund, and the Dallas Entrepreneur Center, which provides support and education to entrepreneurs and early-stage startups. Kevin is a founding member of The Dallas Angel Network (the “DAN”), a non-profit organization dedicated to connecting entrepreneurs with angel investors in Dallas.

Further, Kevin co-manages a Dallas-based venture capital fund, Blossom Street Ventures, which is currently on its fourth fund. He is also a member of the Fantasy Sports Trade Association and the Sports Lawyers Association.

Raised in Arlington, Kevin is an avid Dallas sports fan. Although he used to enjoy spending time at the local sporting arenas around town with his wife, Layla, they now spend most of their time pandering to their two children, Ariana and Arman.

SELECT TRANSACTIONS

  • General Counsel for a a Dallas-based $10M venture fund
  • General Counsel for a Dallas-based $30M venture fund
  • General Counsel for RevTech, a Dallas-based accelerator
  • Represented a Dallas-based media company in a $15M acquisition
  • Represented a Dallas-based on-demand technology company in a $1.2M seed round
  • Represented a Dallas-based SaaS company in over $6M in venture financing
  • Represented an Australia-based public company in a $1.8M private investment
  • Represented a Nashville-based consumer products company in a $3M exit to a publicly traded company
  • Represented a San Diego-based SaaS startup in a $2M Series Seed round.
  • Represented a Dallas-based software startup in a $1.25M Series A round
  • Represented a Dallas-based health analytics company in a $6M exit
  • Represented a Dallas-based SaaS startup in a $1.1M Series A round
  • Represented an Austin-based social media startup in a $1M exit
  • Represented a Dubai-based development company in $8M in real estate acquisitions
  • Represented a Fort Worth-based real estate company in a condo reclassification and $2.2M re-financing
  • Represented a Kansas City entity in a $2.5M private equity investment deal



Kevin Vela's Recent Blog Posts

Hosting a Board Meeting? Here’s how to do it well.

September 27, 2017  |  By Kevin Vela

Board meetings are essential to running a startup. While formal meetings are often neglected during the early stages of a startup, they quickly become a required quarterly event once a startup accepts institutional capital. Hosting the company’s first board meeting … Read More

Posted in General Business

New Jersey DFS Update

August 25, 2017  |  By Kevin Vela

New Jersey became the 16th state to enact fantasy sports legislation when Governor Chris Christie approved bill A3532 on Thursday. The law contains standard tax and regulatory provisions. The 10.5% tax on gross revenue will generate huge profits for the … Read More

Posted in Fantasy Sports

Maine is Latest State to Legalize Daily Fantasy Sports

August 16, 2017  |  By Kevin Vela

Maine On August 2nd, Maine joined four other states to become the fifth this year to legalize daily fantasy sports. Fifteen states currently have DFS laws on the books that allow for legal play. Maine’s victory was narrowly won—Governor Paul … Read More

Posted in Fantasy Sports