In the past year only a handful of VC's have raised capital via general solicitation. On the other hand 4,700 companies based in the U.S. tried raising capital under the JOBS Act Title II rule.
Unlike companies, venture firms have mostly stayed away from publicly advertising fundraising efforts, especially larger, traditional ones. Among the very few venture firms that engaged in general solicitation in the U.S. over the past year were 500 Startups, Foundry Group, Scout Ventures and ff VC. The SEC hasn’t set a date by which it will issue new crowdfunding rules, or revisit proposals that are not yet JOBS Act requirements. An SEC spokesperson confirmed that there have been no enforcement actions for JOBS Act violations to date.