As of this year, yes, but with an important caveat. Last year, the Security and Exchange Commission lifted the 80-year ban on "general solicitation," which had prohibited entrepreneurs from publicly discussing private investment offerings. A key caveat is that the only investors allowed into a funding round are accredited investors, with their income or their net worth verified by a specified third party.  

Related: Fundraising 101: The First Timer's Guide to Pitching Investors