But they found it perplexing that it wasnt a beverage adults drink regularly. Slate Chocolate Milk specializes in creating low-sugar, high-protein chocolate milk beverages that are marketed to health-conscious individuals. 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.. Entrepreneurs to watch With Slate growing 300% in sales from 2020 to 2021, more than 60% of which came from e-commerce, Lubin confirms the unenthusiastic feedback from Shark Tank earlier hasnt really stopped new consumers from trying their lactose-free, ultra-filtered milk product, and the market demand will likely remain strong. I love sharing my Peloton tips, healthy recipes, toddler and baby activities, and more! The company sources its milk from about 30 family-owned U.S. dairy farms and uses recyclable aluminum to package its milk. It is made by adding cocoa powder to milk and sweetening it with sugar. 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. Since many dairy farmers have complained that non-dairy milk substitutes are tearing away all of their profits, Slate has promised to always use real milk in their production. Commercial chocolate milk is alkalized, which means that the high levels of antioxidants and polyphenol found in cocoa have been eliminated. Slate Milk - Chocolate 12 Pack - Chocolate Milk LACTOSE FREE: 65% of the world is lactose intolerant. For the sake of the planet! Manny Lubin Slate Chocolate Milk could be your first step towards a healthy diet because it consists of all natural ingredients, zero sugars and high levels of protein. Slate quantified their plans for growth by asking the investors for $400,000 by giving up 10% stake in their company. Josh Belinskis slate chocolate milk is a delicious, nutritious drink made with high-quality ingredients. To help other viewers of the show find out more information about each of the Shark Tank products and services, Ive created SharkTankSuccess.com. I cover exclusive financial news of the food & beverage industry. Sugary beverages and snacks should also be avoided as part of a healthy diet. Belinsky and Lubin decided to start a company in May and began the process of raising about $100,000 from individual investors. Your email address will not be published. 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. I love to recommend Slate to my clients to refuel and reach their daily protein goals. Hope you'll enjoy our products, articles and our website professional guides. - Last updated on 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. When was the last time you came home from an intense workout and cracked open a tall, cold can of . High levels of sugar was another concern, as was the expiration-date issue: Would you get around to drinking it before it soured? Needless to say, the Sharks were not impressed by the answer and declined their offer shortly after. 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. 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. Get 60 Slate Chocolate Milk coupon codes and promo codes at CouponBirds. Their original goal was $400,000 in exchange for a 10% stake in the company. It's also lactose-free! Non-GMO slate chocolate milk is a high-protein and low-sugar alternative to milk. Terrible. Its creators, Manny Lubin and Josh Belinski, are seeking investments for production and distribution. For one, slate chocolate milk is made with whole milk, while fairlife is made with skim milk. Customers can purchase all flavors on Amazon, but they are not available by subscription. There is less sugar in this product than regular chocolate milk, it is lactose free, and it contains a lot of protein. Jan 30. Low-fat or nonfat milk is preferred to keep calories and saturated fat in check. Slate Milk is a new healthier alternative to traditional chocolate milk that has 75% less sugar than regular chocolate milk, is lactose-free, and is packed with protein. Chocolate milk is high in calcium, vitamins A and D, potassium, and protein, among other things. They researched ways to address those issues, including a process called ultrafiltration, which reduces the amount of sugar and lactose in milk while retaining protein. The two founded Slate, a company that sells lactose-free chocolate milk designed for adults, in 2018. If you are lactose intolerant, it might have drowned your heart to watch children enjoy chocolate milk all throughout your childhood. Copyright 2023 SharkTankSuccess.com | The Best Shark Tank Fan Site, DELICIOUS: Smooth, creamy, mouthwatering chocolate milk. #ada-button-frame { Check Latest Price Product Details Slate Chocolate Milk Employees: 3 | View Slate Chocolate Milk's full company profile >>> Rocketreach finds email, phone & social media for 450M+ professionals. Without preservatives, using this process, we can deliver products safely to your door without refrigeration. Lactose can make people feel off or slow, Lubin says. Slate Milk can be purchased through their site here, or through select grocery stores like Whole Foods, Market Basket, Publix, and Wegmans. Get a 12-pack. Slate Milk is an innovative beverage that is full of protein, vitamins, and electrolytes. If youre looking for a drink with a lot of nutritional benefits after your workout, chocolate milk is an excellent choice. Copyright 2023 Champagne & Coffee Stains, What I Wish I Knew Before Downloading the 1st Phorm App, I Tried Peak Cocktails and Here's What Happened, How Southside Market & Barbeque Saved Our Big Game Plans, I Tried Rumble Boxing and Here's What Happened, I Signed Up For Annie's Crochet Club and Here's What Happened, Meal Planning Made Easy: A Review of Passionate Penny Pincher Meal Plans, I Ordered a Photowall Mural and Here's What Happened, 2023 Goal Setting and Peloton Feature Wish List. To fund their business, they launched two campaigns: a $51,833 Kickstarter campaign and a $53,438 IndieGoGo campaign. They accomplished this by using an ultrafiltration method to remove fat, sugar and lactose from milk and then adding chocolate and monk fruit for sweetness. That's Slate. Chocolate Milk Reviews | Following a successful Kickstarter campaign, Slate is making waves in the industry by offering a better-for-you, higher protein, low. Their lactose-free chocolate milk is rich in protein, vitamins and electrolytes while also offering a great taste., Slate, which makes lactose-free chocolate milk, as another promising startup. Slate chocolate milk will be sold in cans. That beats this non-existent product in terms of calories, protein, sugar, and cost by huge margins. Their original goal was $400,000 in exchange for a 10% stake in the company. Visa, MasterCard, American Express, Apple Pay, Amazon Pay, Venmo, and Google Pay are all accepted methods of payment. 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. In 1866, It founded by George and Charles in Cham, Switzerland. It seems like an interesting innovation, although it requires a lot of consumer education.. Slate was valued at $4 million during the pitch process. High protein, great tasting chocolate milk? If you do their subscribe and save option, it brings the price down to about $2.50 a can. 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. Slate is on a mission to give chocolate milk a clean slate. Slate's lactose-free chocolate milk is currently available in three flavors: Classic Chocolate Milk, Dark and Espresso. and we're lactose free. Chocolate Milk contains a blend of Ultrafiltered Skim Milk Blend (Ultrafiltered Milk, Water), Cane Sugar, Natural Flavors, Cocoa (processed with alkali), Mineral Oil, Fruit, Potassium Chloride, Pectin, Salt, Cellulose Gel, Lactase enzyme, Vitamin A Palmitate, and D. Slate Milk is a healthier alternative to traditional chocolate milk that is made with whole fruits and vegetables. Slate Milk filters their milk to remove lactose sugars and then adds in a little water to bump up the protein. The first was brand. The chocolate bars,. Its available in a variety of flavors and is sold directly to consumers. Yes! Contact Information Website www.slatemilk.com Ownership Status Privately Held (backing) Financing Status Hi, I'm Ali! The drink contains only 130 calories, nine grams of sugar, and 17 grams of protein per serving. If you are lactose intolerant or want to keep an eye on your sugar intake, this could be a good option. Some people believe that slate chocolate milk is healthier than regular chocolate milk because it contains more cocoa. it's worth noting that the fast-growing yogurt company Chobani, founded only in 2005, has about $1.5 billion in annual sales. Slate Chocolate Milk Jan 2020 - Sep 2020 9 months. The Sharks struggle to overcome their lack of success in terms of taste and sales, and they drop out of the competition one by one. Theyll soon find out. 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. We asked questions like Do you like the taste? and When was the last time you had one? Lubin says. 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. Despite an initial setback, the product has since become widely available in stores throughout the northeastern and eastern United States, through major retailers such as Roche Brothers, Harris Teeter, Whole Foods Market, and smaller supermarkets. 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. Yes! Manny has a degree in Marketing and Communication from Northeastern University and has previous experience in the industry from co-founding another firm. 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. "While there are other chocolate milks, RTD protein shakes, and lactose free milk options, many of our retail partnershave seen success in nostalgic and functional products. Typically, standard items are delivered within 4-10 business days. I love the smoothness of the flavor and the texture!. Slate Chocolate Milk is a company that produces low-sugar, high-protein chocolate milk drinks that are also lactose-free for health-conscious consumers. The product is available in dark chocolate, espresso chocolate, and chocolate with 150mg of caffeine (equivalent to two shots of espresso). Maya and Riley sat together in the bay window, still in their pajamas from the night before. Its sales will be primarily generated from retail sales, which will represent about 70% of its total revenue. 185 Greenwich St, New York, NY 10006, United States, Designed by Elegant Themes | Powered by WordPress, Casino-Style Chocolate Tasting: Have an Unforgettable Party with Your Favourite Treat, Making Birthdays Extra Special With Customized Godiva Chocolates, Discover The Rich Flavor Of Black Lindt Chocolate, Find Out How Many Calories Are In A Cadbury Easter Egg This Easter, Unlock Intense Flavor And Creamy Texture With Premium Lindt Chocolate. There are a few key differences between slate chocolate milk and fairlife. Another target market Slate forgot to mention was health-conscious consumers. (Thats about $3.30 per 11-ounce can.). Children who are overweight or have heart disease may develop it. Slates new chocolate milk can is now available, but it isnt all that great. 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. Subscribing to their email is the best way to remain informed about all of their deals. Ultimately, Josh and Manny left the pitch without securing a deal. Sugar reduction A second thing you should do is ensure that you have enough drinking water. Northeastern graduates Josh Belinsky and Manny Lubin. And all Slate milks are lactose-free, nut-free, and contain no artificial flavors. And since this milk is sweetened with monk fruit instead of sugar, the resulting drink only provides 9 grams of added sugarabout 75% less than other chocolate milk options. This round is led by a group of reputable CPG entrepreneurs and investment groups, including Peter Rahal, founder of RXBar; Halo Tops cofounder Doug Bouton; Yasso Frozen Greek Yogurts cofounders Drew Harrington and Amanda Klane; MVMT Watches cofounder Jake Kassan; Nick Rellas, cofounder of Drizly; as well as Skyview Capital and Riverpark Ventures. Slate Milk is about $3 a can and can be purchased on their website as either a 12 pack, 24 pack or 48 pack. 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 DELICIOUS: Smooth, creamy, mouthwatering chocolate milk. Is there anything better? get consumers to try something new. Abda runs Branchfood, a Boston-based community for food entrepreneurs, and she has been following Slates development. This is thanks to the companys successful launch of its line of premium chocolate milk products. It contains nine essential nutrients in addition to calcium, potassium, and vitamins A, D, E, and B12, in comparison to white milk. . Slate Milk is about $3 a can and can be purchased on their website as either a 12 pack, 24 pack or 48 pack. Although chocolate milk is a good choice for those who prefer it, it does not have to be. Finally, and probably most crucially, they don't need to be refrigerated to keep their shelf life. Health & Wellness It hopes to benefit from the rising demand for dairy products in Russia. All of this was possible thanks to a process called ultrafiltration. This means, for every pound of plastic we use, we remove it from the planet, he added. Contact. Slate Chocolate Milk is nut-free and is produced in a nut-f. Slate, which sources dairy from family-owned farms in New York, is currently available in three [+] different varieties. 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. Who said healthy meant sacrificing taste? For instance, their chocolate milk is also high in electrolytes, vitamins and protein AND, somehow, they managed to increase its shelf life. The company is still in operation, and Lubin remains employed at the company as the executive. These drinks are a really good option to have after a workout or as an afternoon pick me up. Just because a product is on store shelves or is available on the Internet is no guarantee of success, Lauren Abda notes: If the product isnt supported with the right marketing initiatives, sampling demos, coupons, and more, it is difficult to . The net worth of Josh Belinski is not available. Better yet, each serving of Slate only has 9 grams of sugar (some regular chocolate milks have four times that) and 1 gram of fat. After a year of development, Slate milk cans have reached retail stores and Costco shelves. It is a process known as ultrafiltration that produces milk that is naturally free of natural sugars (lactose). The next one I tried was the double chocolate. Yes, the company is still in business and they secured $1.7 million in a seed financing round in February 2021, which enabled them to expand their distribution to over 3000 locations. Yeah, it's not anything like those traditional Yoohoo milk bottles! This is top-tier, premium chocolate milk. Slate Chocolate Milk FAQs What is Slate Chocolate Milk? Lactase enzyme, vitamin A Palmitate, and Vitamin D3 are all included. Abda notes that while coffee brands such as La Colombe, Starbucks, and High Brew have successfully sold cold coffee in cans, it remains to be seen how consumers react to drinking milk from a can, and what the drinking occasion will be. After the gym? If I were you I'd go ahead and get me some Slate. Slate chocolate milk comes in tan tinned cans, which are stylized in neutral colors and crisp typography to make it look clean and sophisticated. Even though Slates Chocolate Milk may be the only product for lactose intolerant consumers that uses 100% natural milk, there are a few alternatives in the market. We all know chocolate milk is delicious, but it's also usually loaded with sugar and calories. 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. 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. Nutritionals:Each 11oz can has 17g protein, 9g sugar and 120-130 calories. 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. By Helping The Ukrainian Community In Manhattan, Veselka Earns A James Beard Nomination For Outstanding Restaurant, French Wine Region Bourgogne Should No Longer Be Translated To Burgundy, Gut Health Is A Womens Issue, BelliWelli On Amplifying Science Of Gut-Brain Axis For Next Phase Of Growth, In India, Millets Have Become Quiet Revolutionaries, A Strategy To Future-Proof Some Of Our Favorite Foods, For Wine Lovers Not Wine Snobs: A New Book About Wine Tasting. Along with this, we do everything we can to be a sustainable brand: our products are packaged in 100% recyclable aluminum cans, and were actually a certified plastic-neutral brand through partner rePurpose Global. Its the perfect drink for breakfast or a post-workout snack. It is true that they did not live up to the hype, but my family and I agree that they were meh. Despite this, they are a viable, if not healthier, substitute for a Starbucks Doubleshot Espresso beverage. Son of the wild goose, Kevin Egan of Paris. Slate Chocolate Milk Chocolate milk, built better. They presented their firm and its exclusive ultrafiltration technology, and distributed samples of their chocolate milk for millennials. To pull chocolate milk (or any flavored milk) and replace it with regular requires nothing more than a few strokes of the pen for a pat on the back. These include the Classic Chocolate, Dark Chocolate and Mocha Flip (which consists of 150mg of caffeine). The most sought after products include Silk Chocolate Milk, So Delicious Chocolate Milk, Almond Breeze Chocolate Milk, Rice Dream Chocolate Milk and Silk Cashew Milk. Their idea for the drink was born out of their desire to create a lactose-free chocolate milk alternative. Yes please!, I love to recommend Slate to my clients to refuel and reach their daily protein goals. With 20g of quality protein and 0g of added sugar, this all-natural drink is Keto friendly, lactose free, and is the perfect breakfast boost, post-workout, or healthy snack to keep you moving throughout the day. Using a method called ultrafiltration; they naturally filter out the natural sugars (lactose) in the milk. Slate Milk Closes $10.5M Series A To Scale Nationally. display: none; I can drink slate anytime without worrying about calories or fat content, even during competition preparation. Our milks and lattes have 20g protein and 0g added sugar, all while being unbelievably delicious. (He and Belinsky say they are lactose intolerant.). 18-Feb-2021 at 16:24 GMT, Related tags Pricing:The cans are sold via theSlate website atin 12 packs for $35.99 with a subscribe and save option for $29.99 and are available at selected retailers for $2.49-$3.29/can. Furthermore, the products are also available on the website, wherein they can be purchased online. Slate Chocolate Milk is a firm that makes lactose-free, low-sugar, high-protein chocolate milk beverages for health-conscious people. The chocolate and dark chocolate milk don't contain any caffeine, but the espresso milk does contain 150 mg of caffeine. After raising over $500,000 in investments last year, their product is now sold in more than 300 grocery stores along the East Coast. | Case Study. Nonetheless, yoo-hoo is not the healthiest option available and includes tons of sugar. It was good but it did leave me feeling a little full afterward. Weve revolutionized our favorite childhood drink for the modern-day diet Slate pivots itself as a sustainable brand as its products are packaged in 100% recyclable aluminum [+] cans. Next into the tank is a grown-up version Of a childhood favorite What up sharks I'm Manny I'm Josh and we Are slate chocolate milk we're seeking 400 000 in exchange for 10 of our Business sharks you can be the happiest Version of yourselves if you Embrace who You are and what you enjoy Lori you can sing in traffic if it makes You smile Mark you can wear that hat if You feel like it's just And . These farmers genuinely care about their livestock. People The Modern Christmas Tree from Shark Tank Reviewed. Slate Milk is also 100 percent lactose-free. Slate is where its at! They do recommend drinking them cold for best taste, but they're also safe to drink not refrigerated. Nesquik Low-Fat Chocolate Milk. Its creators, Josh Belinsky and Manny Lubin, first pitched it on Shark Tank. The first one I tried was their regular chocolate milk. I let the milk cool for a few hours before trying it out. Chocolate milk has been a staple growing up for me. Please recycle after youve hit the ground because 75% of all aluminum used in a product has been recycled. Markets However, drink it cold for best taste! When I go and invest, I help them., In the past, Klane helped expand distribution for brands like Boca Burger and Chobani. Slate Lactose Free Chocolate Milk contains 17 grams of protein and nine grams of sugar, with 120 calories and no fat in a can. Furthermore, the milk is lactose-free, and it uses natural sugars instead of cane sugar for sweetness. It then adds back 9g of cane sugar and some monk fruit for sweetness. Weve revolutionized our favorite childhood drink for the modern-day diet, LESS SUGAR, MORE PROTEIN: We filter out most of milks natural sugar (lactose) using a series of filters, also referred to as ultrafiltration, LACTOSE FREE: Love chocolate milk but hate the tummy ache after? They're both good, but different textures, Your email address will not be published. Slate Milk is a chocolate milk product that claims to be healthier than traditional milk. Slate Chocolate Milk is certified kosher. In order to create a shelf-stable product, the cans go through the retort process (think a large pressure cooker). The brand is still learning what is resonating with shoppers, but from early feedback online, the key usage occasions are breakfast, the 3pm pick-me-up, and post workout, said Lubin, who has brought in a series of new hires in recent weeks to support the retail expansion and fast-growing DTC business. Slate Chocolate Milk is a company that creates low-sugar, high-protein chocolate milk beverages for health-conscious individuals that also happen to be lactose-free. 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. Those prototype products never made it to the shelves, according to Lubin. The company has seen success in both the United States and Canada, with its products being carried in major retailers such as Walmart and Target. Now, Slate is available in a wide variety of retail stores and consumers can also choose to order their products directly from their website. The drinks come in really sleek cans - kind of similar to Red Bull ones and definitely gave off more of an adult vibe. That's why our delicious chocolate milk is 100% lactose free. I was hoping that Slate could change . Beverage [deleted] 9 yr. ago. Slate Chocolate Milk Net Worth Slate Chocolate Milk is a new brand of chocolate milk available online. By 2021, Slate expects to generate a two to three-fold increase in revenue.