Counsel - Corporate and Securities

About Us: At webAI we firmly believe that the future of AI lies in distributed processing at the edge, bringing computation closer to the source of data generation. Our mission is to build a future where a company's valuable data and intellectual property remain entirely private, enabling the deployment of large-scale AI models directly on standard consumer hardware without compromising the information embedded within those models. We are developing an end-to-end platform that is secure, scalable, and fully under the control of our users, empowering enterprises with AI that understands their unique business. About the Role: webAI is seeking a Corporate Counsel to join our growing legal team and partner closely with our General Counsel to support the company’s strategic growth. This role will play a key part in managing corporate governance, supporting private financings, and overseeing equity management as the company prepares for its next phase of growth, including upcoming fundraising initiatives. The ideal candidate will bring strong experience in private company financings and venture-backed environments and will be comfortable operating in a fast-paced startup setting. This individual will work across multiple areas of the business, balancing high-impact strategic work with practical day-to-day legal support. Responsibilities:

• Partner with the General Counsel and outside counsel to structure and negotiate private company financing transactions, including venture capital rounds, private equity investments, and debt facilities.
• Assist in preparing the company for strategic growth initiatives, including potential mergers and acquisitions.
• Support public company readiness efforts as applicable.
• Oversee and manage the company’s capitalization table and equity incentive plans.
• Maintain accurate equity records and support equity administration using Carta.
• Assist the General Counsel in maintaining corporate governance records and documentation.
• Draft board resolutions and support board of directors and shareholder meetings.
• Maintain corporate records and ensure compliance with corporate governance requirements.

Qualifications:

• J.D. from an accredited law school.
• Active membership in good standing with at least one U.S. state bar.
• 4+ years of corporate law experience.
• Demonstrated experience structuring, drafting, and negotiating private company financing transactions.
• Strong working knowledge of equity management platforms, particularly Carta.
• Ability to operate effectively in a fast-paced, high-growth environment.
• Strong communication and cross-functional collaboration skills.

Preferred Skills:

• Experience advising high-growth or venture-backed technology companies.
• Experience with public company governance and compliance, including SEC reporting (10-Ks, 10-Qs, 8-Ks).
• Exposure to IPO readiness initiatives.
• Experience supporting M&A transactions.
• Experience planning, drafting and negotiating commercial transactions
• Experience advising in employment law and executive compensation

Why webAI?: We do our best to live out our core values we have put in place as the foundation on which we operate as a team. We are looking for people who are interested in personifying the same:

• Truth - that which is true or in accordance with fact or reality; it’s not always easy, it’s not always pleasant, but we try to live by what reality is so we can accomplish something really cool
• Ownership - the act, state or right of possessing something; we want you to fully own your responsibilities in this company, and continue to help define what fits in that purview and how we can help you be your best
• Tenacity - persistent determination; we are really fired up about what we are trying to do here, and would love to have those who are fired up about what they do, to join us. If you really dig our mission, we certainly don’t mind that cherry on top
• Humility - the quality of having a modest view of one’s value or importance; do we hope webAI can change the world? Certainly, but we know the only way to accomplish that is to not worry so much about the company’s accomplishments or status, but instead put all of that importance on building a world class team and treating them as such. We believe that’s the ultimate formula for success

Benefits:

• Competitive salary and performance-based incentives.
• Comprehensive health, dental, and vision benefits package.
• 401k Match (US-based only)
• $200/mos Health and Wellness Stipend
• $400/year Continuing Education Credit
• $500/year Function Health subscription (US-based only)
• Free parking, for in-office employees
• Unlimited Approved PTO
• Parental Leave for Eligible Employees
• Supplemental Life Insurance

webAI is an Equal Opportunity Employer and does not discriminate against any employee or applicant on the basis of age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. We adhere to these principles in all aspects of employment, including recruitment, hiring, training, compensation, promotion, benefits, social and recreational programs, and discipline. In addition, it is the policy of webAI to provide reasonable accommodation to qualified employees who have protected disabilities to the extent required by applicable laws, regulations and ordinances where a particular employee works. Apply tot his job Apply To this Job