Kevin Vela

Partner

Kevin Vela is a founding partner at Vela Wood. He focuses his practice in the areas of M&A, venture financing, and fund formation. In recent years, he has represented both startups and investors in over $125M 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 the Fantasy Sports Trade Association and Digital Dallas, and is the Chairman of the Board 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 fifth fund.

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 Dallas-based $10M venture fund
  • General Counsel for a Dallas-based $30M venture fund
  • General Counsel for REVTECH, a Dallas-based accelerator
  • Represented defi SOLUTIONS in a $55M equity investment
  • Represented a Dallas-based media company in a $15M acquisition
  • Represented a Dallas-based health analytics company in a $6M exit
  • Represented a Nashville-based consumer products company in a $3M exit to a publicly traded company
  • Represented a Dallas-based senior home care company in a $13M exit
  • Represented an Australia-based public company in a $1.8M private investment
  • Represented a Dallas-based software company in a $12M exit
  • Represented a Dallas-based SaaS company in over $6M in venture financing



Kevin Vela's Recent Blog Posts

How Much Equity Should We Get?

October 12, 2018  |  By Kevin Vela

From time to time we’ll get a client who asks us to help determine the equity split between co-founders. As attorneys to the company, it’s not our place to say who should get how much equity. But we can help … Read More

Posted in If I Were Starting A Business

Understanding Basic Contracts: The (Ir)Relevant Title

September 18, 2018  |  By Kevin Vela

A client reached out yesterday to ask what the difference was between an independent contractor agreement and a master services agreement. He had two sitting in his inbox – different titles, though they were for the same project. At their … Read More

Posted in If I Were Starting A Business

Understanding Basic Contracts: The Payment Provision

August 16, 2018  |  By Kevin Vela

I know, it seems like a simple contractual provision. It can be, but a lack of detail in the payment section of a contract can be disastrous. Take the following provision for example: Payment: “Contractor shall be paid $40,000 for … Read More

Posted in If I Were Starting A Business