Its the perfect drink for breakfast or a post-workout snack. Slate Chocolate Milk was invented by Manny Lubin and Josh Belinsky, who began the Boston-based startup to accommodate their desire for a lactose-free dairy product. People As you'll hear more about in our Nice Pipes Apparel update, the sharks weren't too thrilled with her product after her pitch. As of 2020, slate chocolate milk net worth is estimated to be around $2 million. These drinks are a really good option to have after a workout or as an afternoon pick me up. Markets Slate Chocolate Milk's all-natural beverages are lactose-free, contain 75% less sugar than regular chocolate milk, 17 grams of protein and plenty of vitamins. Children who are overweight or have heart disease may develop it. Herein, the user can purchase a countertop refill machine at $199 and milk packages or buy a reusable milk bottle priced at $2 and spend 3.99 on a plant-based package. As an added detail, Slate Chocolate Milk also aims to make the lives of farmers easier. Sweeteners (intense, bulk, polyols), ADM | 22-Feb-2023 Shark Tank, While fluid milk sales have been on a downward trajectory for years, sales of more functional dairy products have grown, says Slate Milk co-founder Manny Lubin, who claims many Millennials love chocolate milk, but want something with more protein and less sugar in a format thats a bit more hip than that bottle of YooHoo they drank as kids.. Slate Milk is a low-calorie (100), high-protein (20g) chocolate milk that's lactose-free and has zero grams of sugar in it. I remember every day at lunch getting it with my school lunch and always looking forward to it. The beverage is priced at $3 per 11.1-ounce can. The only outside water we use is to clean our machinery.. The company's platform sells chocolate milk that contains less sugar, more protein, and no artificial coloring, with no gluten, nuts, lactose, soy, and carrageenan, enabling customers to enjoy flavored milk which is beneficial for their health. Slate's lactose-free chocolate milk is currently available in three flavors: Classic Chocolate Milk, Dark and Espresso. Your email address will not be published. To help other viewers of the show find out more information about each of the Shark Tank products and services, Ive created SharkTankSuccess.com. Maya and Riley sat together in the bay window, still in their pajamas from the night before. It is made from family farms in New York. The company recently launched a flavored line in the US and is planning to expand into other markets in the future. Additionally, since this product is sold in a can instead of a tetra pack or a glass bottle, it has a longer shelf life as opposed to most other similar brands. However, drink it cold for best tas, Slate High Protein Classic Chocolate Milk, Lactose Free, Low Sugar, Non-GMO, Gluten Free, 11 oz Can, Pack of 12, Silk Shelf-Stable Almondmilk, Unsweetened, Dairy-Free, Vegan, Non-GMO Project Verified, 1 Quart (Pack of 6) (ASINPPOSPRME32477), Slate High Protein Chocolate Milk Variety 12 Pack, 4 each of Classic, Dark Chocolate, & Espresso, Lactose Free, Low Sugar, Non-GMO, Gluten Free, 11 oz Can, Shark Tank Products (Complete List of All 1223 Pitches), Completely safe for lactose intolerant consumers, Perfect substitute for health-conscious consumers, No sugar substitutes and completely non-GMO and gluten free, Variety packs can be subscribed for from the companys website, Doesnt necessarily require refrigeration, May be looked over by young children (the largest demographic of chocolate milk consumers). This food is safe for the keto diet. Even though Shark Tanks investors thought this chocolate milk was for older people, Slate has targeted their marketing efforts towards young adults. Yes please!, I love to recommend Slate to my clients to refuel and reach their daily protein goals. Slate Milk is also 100 percent lactose-free. more products. There is less sugar in this product than regular chocolate milk, it is lactose free, and it contains a lot of protein. While I waited, I looked up on their site to see if it was safe to drink since they did arrive warm and I was surprised to learn that their drinks don't require any refrigeration at all! . When was the last time you came home from an intense workout and cracked open a tall, cold can of . When it comes to flavor, 2023 promises more exciting experiences in food and beverage than ever before. Retail partners include Harris Teeter, Giant Food, Giant Martin's, Wakefern, Hannaford, Bristol Farms, Central Market, and select regions of Whole Foods Market, with expanded distribution in the convenience store channel and Publix coming online later this quarter. Since then the company is still operational and hence the company net worth might have be higher than that of pitch. They do recommend drinking them cold for best taste, but they're also safe to drink not refrigerated. 2023 PitchBook. Who said healthy meant sacrificing taste? Slate's version of chocolate milk is 120 calories per can, and has 17 grams of protein while only having 9 grams of sugar and 1 gram of fat. Its creators, Manny Lubin and Josh Belinski, are seeking investments for production and distribution. Theyll soon find out. These ongoing developments are expected to drive Slate revenue increase by 200-300% next year, according to Lubin, who notes retail will account for the majority of the companys sales by 2021 around 70% with nearly 4,000 locations under major banners, including Publix, Wegmans, Market Basket, Ahold and Whole Foods Both being lactose intolerant, they aimed to create a lactose-free chocolate milk beverage that was more appealing than the ones they had as children. Slate Chocolate Milk obtained a seed financing round of $1.7 million in February 2021, allowing them to distribute their product to over 3000 locations. Click to enjoy the latest deals and coupons of Slate Chocolate Milk and save up to 25% when making purchase at checkout. Enter: Slate. They hired a consulting firm to help them formulate the final product. The product is shelf stable and comes in stylish cans, they launched their business with two crowdfunding campaigns and the product is now available for pre-order on their website with three flavors, traditional, dark chocolate and mocha flip. Net Carbs are 10% of calories per serving, at 12g per serving. Slate Milks co-founders tested many lactose-free chocolate drinks before developing the perfect formula. Rebuffed On Shark Tank, Boston Startup Slate Turns Around And Closes $3.3 Million To Validate Market Demand For Its Healthy Chocolate Milk Boston-based startup Slate, cofounded by college friends Manny Lubin and Josh Belinsky to create a healthier version of the classic chocolate milk, hit a rough patch shortly after it started. I really liked that it not only had the protein boost that the other milk had, but it also had 150 mg of caffeine in it so it could completely replace my afternoon coffee. Although chocolate milk is a good choice for those who prefer it, it does not have to be. His creation is a healthier alternative to traditional chocolate milk and is lactose free. That's Slate. We simply review the products and services that we like from the show. by Justine Pringle | Nov 10, 2022 | Chocolate Types. Slate Milk is an innovative beverage that is full of protein, vitamins, and electrolytes. Well, Josh Belinsky and Manny Lubin decided to test their limits and as a result of their experiments, Slate Chocolate Milk was finally born. Most notable is Coca-Cola-backed ultra-filtered milk brand Fairlife which, according to market research firm IRI, reported 10.5% dollar sales growth to $107.8 million for its flavored milk lines . lower sugar, higher protein chocolate milk. The Modern Christmas Tree from Shark Tank Reviewed. Slate Chocolate Milk is certified kosher. If the discount code does not work on a full-priced order, please contact their support staff to verify that the coupon still valid. This is not any ordinary chocolate milk. After a year of development, Slate milk cans have reached retail stores and Costco shelves. It then adds back 9g of cane sugar and some monk fruit for sweetness. While milk is not required to be refrigerated, it should be chilled if desired. The company valuation was $4 million during and after the pitch. So they started interviewing fellow millennials as well as older adults about why they didnt drink chocolate milk. Slate chocolate milk is a type of chocolate milk that has a higher cocoa content than regular chocolate milk. The drink contains only 130 calories, nine grams of sugar, and 17 grams of protein per serving. Cocoa (processed with alkali), Cellulose Gel, Sea Salt, and Monk Fruit (which adds an extremely high amount of sugar) are just a few of the ingredients. It's also lactose-free! As an Amazon Associate I earn from qualifying purchases. The net worth of Manny Lubin is unknown. Terrible. The company is still in operation, and Lubin remains employed at the company as the executive. Required fields are marked *. Not only did the duo plan on creating something that was the product of their shared enthusiasm, but they also wanted to create something that was a little more cool and hip as compared to the traditional Yoohoo. Manny Lubin And last year Land OLakes launched an accelerator program in Minnesota for dairy entrepreneurs working on products such as organic ice creams and new kinds of cheese spreads. #ada-button-frame { Each can contains 150 mg caffeine, and it is available in three flavors: classic chocolate and dark chocolate milk, as well as an espresso chocolate milk with 150 mg caffeine. Slate is where its at! The three flavors they have taste like chocolate milk but are lower in calories and saturated fat. The drinks they sent weren't refrigerated but they recommend drinking them cold so I put them into the fridge to cool down a bit. Everything is marketed toward kids, he says. The next one I tried was the double chocolate. Everybody has a Greek yogurt now all the brands have it, he says. You either realize how silly and childish the word actually sounds when you're in an intimate context with your SO, or you try saying it around people in a casual context and feel like a total perv. If the amount is close to 25g per serving, consider whether you're going to eat more food later. The founders were originally from the United States. In terms of post-workout nutrition, there are a few things to keep in mind. It is an excellent choice for health-conscious consumers. How does it compare taste-wise to the fairlife protein chocolate milks? Finally, slate chocolate milk is available in both regular and organic varieties, while fairlife is only available in regular. Reviews. Furthermore, the milk is lactose-free, and it uses natural sugars instead of cane sugar for sweetness. Ingredients (Classic Chocolate Milk): Ultrafiltered Skim Milk Blend (Ultrafiltered Milk, Water), Cane Sugar, Natural Flavors, Cocoa (processed with alkali), Monk Fruit, Potassium Chloride, Pectin, Salt, Cellulose Gel, Cellulose Gum, Lactase Enzyme, Vitamin A Palmitate, Vitamin D3. Even though Slate Chocolate Milks pitch wasnt well prepared, it is still not fair to rule out their product as a valuable snack item. The duo went through about 100 iterations of the three flavors that Slate will be launched with: Classic Chocolate, Dark Chocolate, and Mocha Flip, which contains 150 milligrams of caffeine about the same as in a Starbucks grande cappuccino. Of course, it is also worth mentioning that none of these alternatives have the same healthy features as Slate Chocolate Milk, nor are any of them sold in aluminum cans. Helpful Insights About Slate Dark Chocolate Milk. Our milks and lattes have 20g protein and 0g added sugar, all while being unbelievably delicious. The same issues kept coming up, Lubin recalls. But a pair of Boston entrepreneurs hope to change that this month, with a new brand of canned chocolate milk called Slate. Remilk pauses plans for worlds largest precision fermentation plant, focuses on growth, VIDEO: Postbiotic scientific discoveries boost consumer awareness, Latin empanadas, handmade cinnamon rolls and Safe Space cookies get a boost from SKU, Review discusses legume peptide potential for diabetes treatment. The newly raised capital will support the launch of its two new flavors in 2022 and continued retail and e-commerce expansion. What Happened to Viewsport after Shark Tank? Slate Chocolate Milk Net Worth Slate Chocolate Milk is a new brand of chocolate milk available online. Chocolate milk is high in protein and fat, and it can help you feel full and exercise more. This one was also very smooth but tasted a little thicker and richer than the regular chocolate milk. Slate Milk contains no lactose and is 100 percent vegan. They are currently developing a low-sugar, lactose-free milk, and are planning to offer a variety of other flavors in the future. Boston-based startup Slate, cofounded by friends Manny Lubin and Josh Belinsky to create a healthier version of the classic chocolate milk, hit a rough patch shortly after it started. As a result, they are completely compliant with the AWA (Animal Welfare Act) and conduct all of their operations in an ethical and professional manner. In the United States, 1/3 of children are already overweight and obese and at higher risk for chronic diseases such as type 2 diabetes, heart disease and cancer. Slate is lactose-free, has 50% more protein than. Cocoa is a good source of antioxidants and has been linked to lower blood pressure and cholesterol levels. After raising over $500,000 in investments last year, their product is now sold in more than 300 grocery stores along the East Coast. Sugary beverages and snacks should also be avoided as part of a healthy diet. . Typically, standard items are delivered within 4-10 business days. Shelf-stable milk is a new one. I found the milk was smooth and creamy, but not heavy and slightly thinner texture than the Fairlife Protein milk I had been drinking lately. Its partner will supply kosher and non-kosher cheeses in the country, including gouda, havarti, and feta. Im a sucker for a cold Slate Milk after a hard workout or long day. Visa, MasterCard, American Express, Apple Pay, Amazon Pay, Venmo, and Google Pay are all accepted methods of payment. The Northeastern University alums bonded over a shared affinity for chocolate milk. The product uses an exclusive ultrafiltration technology, and the company distributes samples to consumers. Well, weve already mentioned how the cofounders have found a way to reduce their chocolate milks sugar levels while making it a safe food for lactose intolerant consumers. Belinski and Lubin met at Northeastern University, and later decided to work together to develop the product. The milk taste just like the chocolate milk you remember from when you were a kid, but are loaded with more protein and less sugar. You can purchase Slate Milk on their website, as well as at a few select grocery stores. | Insight Guide. get consumers to try something new. Abda runs Branchfood, a Boston-based community for food entrepreneurs, and she has been following Slates development. Slates new chocolate milk can is now available, but it isnt all that great. I was hoping that Slate could change . As of February 2022, the company is still in operation and has an annual revenue of $3 million. Slate Milk is made from 100% organic, grass-fed milk and contains no gluten, soy, or sugar. As tempting as this offer was, the Sharks werent all that motivated to invest in a product that could only be described as chocolate milk for older people. Example: A product with 26 grams of total carbohydrates and 9 grams of fiber will have 17 grams net carbs. 18-Feb-2021 at 16:24 GMT, Related tags However, it is known that the shark tank investors are typically very interested in food and beverage companies, so it is possible that slate chocolate milk was able to secure a deal. You may not be a gold-medal athlete or the healthy guru of your gang, but it is never late to start eating and drinking responsibly. Manny earned a BA in Marketing and Communication from Northeastern University. Were pretty encouraged by the kind of feedback were getting online and the velocities were seeing in stores now, but were always listening to consumer feedback and trying to improve. Additionally, slate chocolate milk is flavored with natural chocolate, while fairlife is flavored with artificial chocolate. We are inbetween the kids chocolate milks and the high-protein bodybuilder type drinks category, but based on feedback, we want to get the protein [currently at 17g/can] up a bit more, and the sugar [currently at 9g/can]down a bit further.. Slate Milk Closes $10.5M Series A To Scale Nationally. Copywriter CallGear . Cracking open a cold can of Slate milk makes any day a good day for me!, Slate is where its at! OneRepublics lead singer Ryan Tedder and entertainment company JDS Sports also contributed to the round. They deliver across the United States and parts of Canada. Calories in 1 cup milk: 1% white milk = 102 1% chocolate milk = 158 Slate Chocolate Milk was started up in Boston in order to accommodate the taste buds of many other fellow lactose intolerant consumers. This milk is ultra-filtered, a process which results in a milk that's higher in protein and lower in sugar. He currently works full-time as an executive at Slate Milk. Slate provides free shipping on all orders inside the United States. In order to create a shelf-stable product, the cans go through the retort process (think a large pressure cooker). However, drink it cold for best taste! Ive been a long-time Shark Tank fan and love the show because Im an entrepreneur at heart. Chocolate milk contains nine nutrients that are essential to human health. Slate: High Protein Chocolate Milks and Lattes - Slate Milk Lactose free 20g protein keto friendly 0g added sugar 1-3g net carbs Naturally occurring electrolytes PRESS "Their lactose-free chocolate milk is rich in protein, vitamins and electrolytes while also offering a great taste." Calories: 108; . But how does it taste? the platform has probably saved us nearly five years' worth of waiting. He also works as an executive at the company. For the sake of the planet! In each can, I found 11 ounces of milk, which was sufficient for me. The two founded Slate, a company that sells lactose-free chocolate milk designed for adults, in 2018. Slate has also added 150mg of caffeine to its chocolate milk. [removed] lolzergrush 9 yr. ago. Studies have shown that drinking chocolate milk for extended periods of time improves endurance. It is also gluten and nut free. Unlike regular chocolate milk, Slate milk is lactose-free, has 20g of protein, 0 grams of sugar and contains vitamins and electrolytes. It is made by adding cocoa powder to milk and sweetening it with sugar. Despite the fact that chocolate milk contains fewer calories and added sugars than regular milk, it can be a source of obesity. Some people believe that slate chocolate milk is healthier than regular chocolate milk because it contains more cocoa. . However, the Sharks were not impressed with the flavor and the fact that the firm was in pre-sales, and as a result, they dropped out one by one. Chocolate milk has nine nutrients and vitamins in it. Josh is also a Northeastern University graduate who studied entrepreneurship and has prior experience in business development and account management. Net Worth of Slate Chocolate Milk The company valuation was $4 million during and after the pitch. Low sugar, lactose free, and high in protein check all the boxes for a chocolate milk that goes great with any lifestyle. Ultra-filtered Monk Skim Milk (Ultra-filtered Monk Skim Milk, Water), Cane Sugar, Natural Flavors, Cocoa (Processed With Alkali), Fruit, Potassium Chloride, Pectin, Salt, Cellulose Gel, Cellulose Gum, Lactase, Vitamin A enzyme, and D. It contains a blend of Ultra-Focused Skim Milk (Skim Milk, Water) and Ultra-Focused Milk Blend (Skim Milk, Water). When we ultra-filter our milk, we also remove some of the water naturally in milk, which gets sent back to our partner farms. What Happened to Wedding Wagon after the Shark Tank Pitch? Shop for Chocolate Milk in Flavored Milk. Lactose can make people feel off or slow, Lubin says. All three flavors are made with skim milk, cane sugar, cocoa and monk fruit, the latter of which is added for extra sweetness. Not only does it taste amazing, it's exactly what my body needs everyday. I'm a huge fan of Shark Tank and was really excited to learn that Slate Milk was on it (I need to go back and watch it!). Slate - ultra-filtered, high-protein, lactose-free chocolate milk in shelf-stable cans that adults won't be embarrassed to carry around is now available direct to consumer (DTC) via Slatemilk.com and Amazon, and will be in roughly 3,000 stores by the end of March, said Lubin, who founded the company with college friend Josh Belinsky in 2018. I started Nunu Chocolates with the belief that the world is a better place when chocolate is involved. This milk substitute contains half the sugar of regular chocolate milk and half the protein. Their idea for the drink was born out of their desire to create a lactose-free chocolate milk alternative. There is no definitive answer to this question, as the terms of any deal between slate chocolate milk and the shark tank investors would likely be confidential. What to Eat Before and After Your Workout. Cracking open a cold can of Slate milk makes any day a good day for me! Thank as. Hi! Every time we see the episode, we can see how far weve come, but were also reminded we still have a heck of a long way to go., This is a BETA experience. Low-fat or nonfat milk is preferred to keep calories and saturated fat in check. Slate Milk is about $3 a can and can be purchased on their website as either a 12 pack, 24 pack or 48 pack. It tastes just like the chocolate milk you remember from your childhood. But it hasnt all been plain-sailing, added Lubin, who observes that the brands appearance on Shark Tank last year did not go entirely as planned (spoiler alert: Mark Cuban was not a fan). Comment * document.getElementById("comment").setAttribute( "id", "ac30fef23ea4d21bd406475e3f487f02" );document.getElementById("e57f6e8b1a").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. SHELF STABLE: We use the same pasteurization technique that you see with many current coffee drinks in both cans and glass. Fellow sharks Kevin OLeary and Barbara Corcoran also called out the products little funky chicken element and distinct dryness, respectively, during their taste testing. Lactase enzyme, vitamin A Palmitate, and Vitamin D3 are all included. Make sure you know your serving size or else you may go over your planned intake and exit ketosis. Lisa Binderow entered the Shark Tank in Season 8 wearing her Nice Pipes Apparel. Since you gave up many years ago, you have nothing to lose and you should definitely give Slate Chocolate Milk a whirl. To fuel that continued growth momentum, Slate has just closed $3.3 million, an extended seed round following its earlier $1.7 million fundraise in late 2020, putting the companys total funding to around $6 million to-date. Since they reduced its sugar content and people expect chocolate milk to be incredibly sweet, Slate made use of monk fruit as a healthier alternative to sugar. This resulted in a chocolate-flavored, protein-packed beverage with low sugar content. I'm a mom from Minneapolis and am obsessed with my Peloton bike and Tread! It contains nine essential nutrients in addition to calcium, potassium, and vitamins A, D, E, and B12, in comparison to white milk. Slate Chocolate Milk is located in Boston, Massachusetts. Is there anything better? Save my name, email, and website in this browser for the next time I comment. Slate is on a mission to give chocolate milk a clean slate. Chocolate milk Milk (Other Than Whole, 1% or Skim) - 1 cup. Slate Chocolate Milk is completely gluten-free. All 3 of the milk taste delicious and are a perfect addition to breakfast or post-workout snacks. Slate Milk is a delicious and nutritious alternative to traditional dairy products that you should seriously consider. Process ( think a large pressure cooker ) & # x27 ; s chocolate! Will support the launch of its two new flavors in the bay window, still operation. Day at lunch getting it with my Peloton bike and Tread this resulted in a milk that great... Annual revenue of $ 3 million milk, Dark and Espresso is a type of milk! Is healthier than regular chocolate milk slate chocolate milk net worth worth might have be higher than that of.! 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