A black vintage Super 8 film camera held in one hand

Funding for the stage and screen, matched with investors who want a piece of the story.

PIE is a new exchange connecting theatre and independent film productions with the investors who can fund them before anyone else will. Access is private for now, opening to everyone after FCA approval.

A hand holding a film-strip cinema ticket

How It Works

Registering takes about two minutes. Here is what happens next.

1

Register

About 2 minutes

Tell us your name, your email and which investor category you believe applies to you. Productions share a short brief instead.

2

Get verified

Within 5 working days

Investors confirm eligibility with a signed statement. We check it and reply personally. Productions are reviewed for budget and team.

3

Get invited

Private, by invitation

Verified investors are invited to the PIE dashboard to preview productions open for investment. Nothing is committed by browsing.

4

Follow the story

Ongoing

Track funding, budget and milestones from first rehearsal through to opening night or release.

Have a production? Apply through the same form.

Two hands meeting in a handshake, in silhouette

Two categories have access today.

Ahead of full FCA approval, the Financial Promotion Order 2005 lets us open private access to two categories of investor now. Everyone else will be welcome once that approval is granted.

FPO Article 48

Certified high-net-worth individual

  • Income of at least £100,000 in the last financial year
  • Or net assets of at least £250,000, excluding your main residence, pension and certain insurance
  • Confirmed with a signed statement, valid for 12 months
FPO Article 50 / 50A

Certified or self-certified sophisticated investor

  • Made more than one investment in an unlisted company in the last two years
  • Or worked in private equity or corporate finance in the last two years
  • Or been a director of a company with turnover of £1m+ in the last two years
  • Or are a member of a network or syndicate of business angels

These are simplified summaries, not the full statutory wording. The exact certification statement is confirmed as part of registering. If neither applies to you today, join our list below for when PIE's offering widens.

Not eligible yet? Be first to hear when access widens.

PIE is not yet FCA authorised, so private access is limited to the two categories above. Leave your email and we will write to you when investing opens to a wider audience.

We will only use your email to tell you when access opens. This is not an offer to invest and access is not guaranteed. See our privacy policy.

Thanks, you are on the list. We will email you when access widens.

Frequently asked.

Is PIE regulated by the FCA?+
Not yet. We're engaging with the FCA's Innovation Pathways service as we work toward full authorisation, and PIE will open to everyone once that's granted. Until then, we operate within existing financial promotion exemptions, which is why access is private and limited to certified high-net-worth individuals and sophisticated investors.
Who exactly can invest right now?+
Two categories: certified high-net-worth individuals (Article 48) and certified or self-certified sophisticated investors (Article 50/50A). See the eligibility section above for what qualifies. We expect to widen access as PIE's regulatory position develops.
What do I actually get when I invest?+
A direct contractual right to an agreed share of a production's future revenue, held through a dedicated company set up for that show or film. It's not a listed share, and not something you can currently resell on an open market.
What kind of productions are on PIE?+
Theatre and independent film only, at this stage. We're deliberately keeping our first raises small while we prove the model, before considering a wider range of productions.
I run a production, how do I apply?+
Choose I have a production on the register page and tell us a little about it. We aim to respond within five working days.