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Cassandra Cuellar

Partner
About

Cassandra advises emerging and growth companies, founders, and investors on complex financings and strategic transactions across the venture lifecycle, with particular emphasis on structured and syndicated rounds, crossover investors, and complex governance. Cassandra regularly leads Series Seed through later-stage preferred equity rounds, growth investments, and strategic M&A, often navigating complex multitranche funding mechanics and bespoke governance matters.

On the company side, Cassandra counsels venture-backed businesses on fundraising and growth strategy, which includes structuring and negotiating equity and debt rounds and aligning boards, stockholders and investors to support scale and next-round readiness. She is experienced in orchestrating complex funding rounds with staged funding, secondary sales, tender offers and structured governance.

On the investor side, she represents venture capital and strategic investors, including investment funds, corporate venture programs and public fund investors, in primary and follow-on investments, portfolio company governance, and exits, with an emphasis on syndicate leadership and protective packages. She frequently negotiates investor-side governance and management rights.

In M&A, Cassandra advises buyers and sellers across venture-backed and growth equity portfolios on stock and asset deals, acqui-hires, carve-outs, and complex exits, including sales to public strategic acquirers and serial add-on acquisitions.

Bar admissionsTexas

EXPERIENCE

Representative Transactions
Company-Side Representative Transactions
  • Hardware / semiconductors – Represented a microdisplay technology company in its approximately $75M Series B financing
  • Agentic commerce / AI – Represented an AI-native ERP in its $100M Series C financing
  • AI software – Represented an enterprise AI software company in its Series A-5 preferred stock financing
  • Property tax technology – Represented a property tax technology company in its $50M Series B preferred stock financing
  • Carbon capture/climate technology – Represented a carbon capture technology company in its approximately $30M Series B preferred stock financing
  • Construction technology – Represented a construction software company in its $6M Series Seed financing
  • Pet insurance technology – Represented a pet insurance technology company in its $7M preferred stock financing
  • Cybersecurity – Represented a cybersecurity company in its Series Seed financings
  • Biotech – Represented a biotech company in its $25M Series B financing
  • Biotech / AI drug discovery – Represented a rare-disease AI therapeutics company in a complex bridge financing
Investor-Side Representative Transactions 
  • Defense and aerospace – Represented an investor in an aerospace technology company’s $4.5M Series A preferred financing
  • Defense and aerospace – Represented a global defense conglomerate in its $19M strategic investment in an autonomous underwater vehicle developer, paired with a joint development agreement
  • Data center infrastructure – Advised a consortium of investors in an investment to develop data center infrastructure projects in Texas
  • Enterprise software – Represented a leader in cloud infrastructure and digital workspace technology in its investments in various cloud infrastructure technology businesses
  • Agentic commerce / AI – Represented a venture fund in its $6.5M lead investment in an AI commerce company’s Series Seed financing
  • AI security – Represented a venture fund in its lead investment in an AI security company’s Series B financing
  • Climate technology – Represented a manufacturer and developer of electrical equipment in its investment in a green steel and green hydrogen business
  • Healthcare technology – Represented an investor in a healthcare price transparency company’s $45M Series C financing
  • Insurance technology – Represented the corporate venture arm of a large financial services provider in its preferred stock and convertible note investments
Mergers and Acquisitions 
  • Hardware / semiconductors – Represented a semiconductor company in its sale to a NASDAQ-listed company
  • Agentic commerce / AI – Represented an AI-powered pricing platform in its sale to a NASDAQ-listed company
  • Enterprise software – Represented a frontline workforce communications platform in its sale to an NYSE-listed communications technology company for $180M
  • Restaurant and consumer services – Represented a purchaser in the acquisition of a restaurant chain
  • Telecommunications and infrastructure – Represented a purchaser of broadband and tower assets in various transactions in Texas
  • Property tax technology – Represented a property tax technology company in its acquisitions of property tax services firms
  • Medical devices – Represented a publicly traded medical device company in its $1.1B sale

AWARDS AND RECOGNITION

Chambers USA

  • Up and Coming, Texas Technology: Corporate & Commercial, (2026)
Additional Recognitions
  • Rising Star, Corporate, Women in Business Law Americas Awards, IFLR, (2022)
  • Texas Rising Star, Business & Corporate, Thomas Reuters, (2021 – 2023)
Education
  • J.D., The University of Texas School of Law
    with honors
  • B.A., The University of Texas at Austin
    with honors

Publications and media

  • Co-author, "Technology M&A 2022 – Trends & Developments," Global Practice Guides, Chambers and Partners USA, 2022
  • Co-author, "Technology M&A 2022 – Law and Practice," Global Practice Guides, Chambers and Partners USA, 2022
  • Co-author, "The Changing Fintech Landscape – A Snapshot of M&A Themes and Trends," 2021

Seminars

  • Panelist, "Digital within the Fintech, Blockchain and Crypto Industries," March 2023
  • Presenter, "Corporate Venture Capital Market Trends," February 2023
  • Presenter, "Corporate Venture Capital Trends," January 2023
  • "Venture Capital: Inspired Disruption in Real Assets," Kayo Women's Infrastructure Summit, November 2022
  • "Challenges of Current Venture Capital Markets and Best Practices in Response," October 2022

Memberships and Affiliations

  • Hispanic Bar Association of Austin
  • Hispanic National Bar Association
  • Leadership Council on Legal Diversity
  • Texas Wall Street Women

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