modern milkmen: we ship to your doorstep. The product is also gluten-free and nut-free. He currently works full-time as an executive at Slate Milk. Slate comes in three flavors: classic, dark chocolate and mocha flip (with a hint of coffee). Copyright 2023 SharkTankSuccess.com | The Best Shark Tank Fan Site, DELICIOUS: Smooth, creamy, mouthwatering chocolate milk. 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. Since you gave up many years ago, you have nothing to lose and you should definitely give Slate Chocolate Milk a whirl. 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. Copywriter CallGear . Cracking open a cold can of Slate milk makes any day a good day for me!, Slate is where its at! To fund their business, they launched two campaigns: a $51,833 Kickstarter campaign and a $53,438 IndieGoGo campaign. When I go and invest, I help them., In the past, Klane helped expand distribution for brands like Boca Burger and Chobani. Everybody has a Greek yogurt now all the brands have it, he says. All three flavors are made with skim milk, cane sugar, cocoa and monk fruit, the latter of which is added for extra sweetness. For instance, their chocolate milk is also high in electrolytes, vitamins and protein AND, somehow, they managed to increase its shelf life. 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. What remains is a non-creamy, earthy-cocoa-flavored liquid that's not worth your time, money, or refrigerator space. Earlier this month, entrepreneurs Josh Belinsky and Manny Lubin put Slate, their new adult-focused chocolate milk drink, on Kickstarter. The flavor is great, it tastes just like chocolate milk but without the lactose and sugar added in plus they have potassium and calcium most people need to have more of everyday., Im a sucker for a cold Slate Milk after a hard workout or long day. Terrible. ADM's SojaProtein is the largest grower and producer of high Prinova | 21-Feb-2023 Helpful Insights About Slate Dark Chocolate Milk. And all Slate milks are lactose-free, nut-free, and contain no artificial flavors. I bought the 12-can variety pack, which as you . Slate was valued at $4 million during the pitch process. This means that slate chocolate milk has more fat and calories than fairlife. 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. They say the product will stay drinkable for about a year. The process: Slate Milkuses ultrafiltration on its milk (sourced from 30 family-owned dairy farms in upstate New York) to concentrate the protein, eliminate the lactose/milk sugar (it also adds the lactase enzyme that breaks down any residual lactose) and remove some water. Surprisingly flavorful and chocolaty for a shelf-stable, protein-fortified chocolate milk. Get the full list, Morningstar Institutional Equity Research. Manny earned a BA in Marketing and Communication from Northeastern University. Additionally, slate chocolate milk is flavored with natural chocolate, while fairlife is flavored with artificial chocolate. Slate is lactose-free, has 50% more protein than. While many investors interested in early-stage CPG brands are heavily focused on plant-based products, they also recognize the growth in lactose-free and ultra-filtered, higher protein milks such as fairlife, and the growth in beverages such as cold brew combined with dairy milk, said Lubin, who has secured financing from a variety of investors including Riverpark Ventures, OneRepublic lead singer Ryan Tedder, Halo Top International CEO Doug Bouton, and Drizly co-founder Nick Rellas. | Case Study. order online! Lukas Southard Jan. 11, 2023 at 3:50 pm. . What Happened to Twister Golf Ball Cleaner after the Shark Tank Pitch? 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.. In this process, most of the natural sugars in the milk are filtered out to leave behind a very healthy refreshment. By July 2021, the company had generated $1 million in annual sales and completed another $3.3 million extended seed financing round in October 2021. They are targeting adults and consumers who are lactose-intolerant. Finally, slate chocolate milk is available in both regular and organic varieties, while fairlife is only available in regular. Our flavorists have a complete understanding of the taste & color implications of SweeGen | 24-Jan-2023 While the milk is not need to be refrigerated, it is best served chilled. Slate Milk is a low-calorie (100), high-protein (20g) chocolate milk that's lactose-free and has zero grams of sugar in it. We simply review the products and services that we like from the show. And last year Land O . High Protein Chocolate Milks, Lattes, and Mix Sticks. Even though Shark Tanks investors thought this chocolate milk was for older people, Slate has targeted their marketing efforts towards young adults. 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). The Sharks liked the idea and were surprised by the high protein and low sugar content. 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. 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. What Happened to WiSpots after the Shark Tank Pitch? 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. Co-founders Manny Lubin and Josh Belinski established the company in 2018. 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 . Arrives by Fri, Jan 13 Buy Slate Milk - High Protein Shake, Classic Chocolate, 20g Protein, 0g Added Sugar, Lactose Free, Keto, All Natural (11 oz, 12-Pack) at Walmart.com Among the companys early investors is Stu Klane, a retired food broker who lives in Canton and has relationships with many of the regions supermarket operators. Their original goal was $400,000 in exchange for a 10% stake in the company. After spending a year on reformulation, Slate launched its first commercial product made with 17g protein, nine grams of added sugar and 130 calories per can, and sweetened with a combination of cane sugar and monk fruit. However, drink it cold for best taste! This milk substitute contains half the sugar of regular chocolate milk and half the protein. Nutrition: Per 7 oz ( bottle): 125 calories, 2 g fat (1 g saturated fat), 115 mg sodium, 20 g carbs (<1 g fiber, 18.5 g sugar), 7 g protein. We dont think they necessarily have to be mutually exclusive., Commenting on what lessons can be taken for budding entrepreneurs, Lubin said there isnt a one-size-fits-all approach when it comes to building an emerging consumer brand, but noted how important it is to surround yourself with people that you can learn from, and hire folks you genuinely enjoy working with., As for Shark Tank, he added, we had to learn from it and move on, just like ever other aspect of the business. They presented their firm and its exclusive ultrafiltration technology, and distributed samples of their chocolate milk for millennials. Even though Slate Chocolate Milks pitch wasnt well prepared, it is still not fair to rule out their product as a valuable snack item. Follow him on Twitter @ScottKirsner. Putting the product in a can and using steam to sterilize it would also stretch its shelf life. Its current line includes espresso chocolate milk and classic chocolate milk. Slate Milk is the way to go if you want to get your day going in the right direction. 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. So they started interviewing fellow millennials as well as older adults about why they didnt drink chocolate milk. It tastes just like the chocolate milk you remember from your childhood. Amazon customers can purchase all flavors, but they are not available for subscription. Slate Milk High Protein Shake, Classic Chocolate, 20g Protein, 0g Added Sugar, Lactose Free, Keto, All Natural (11 oz, 12-Pack). Slate chocolate milk will be sold in cans. Slate Milk has a lot of nutritional benefits as opposed to traditional chocolate milk. 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. Slates co founders explained that one of their VPs was a very prominent business person in the restaurant industry and therefore they were going to utilize him for leads. Slate Chocolate Milk is a new brand of chocolate milk available online. Its aiming to raise $10,000 from interested customers so they can do an initial production run of Slates three flavors and begin shipping product in the summer. However, the Sharks were not a fan of the flavor and were hesitant to fund the company. A Century-Old Tradition: Indulge In Iconic Pink Lindt Balls. 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 Chocolate Milk is nut-free and is produced in a nut-f. They sell them online in 12 packs for $36 ($3 per 11.1 ounce can). According to some studies, it may be even more effective than sports drinks for improving endurance and reducing post-workout exhaustion. I can drink slate anytime without worrying about calories or fat content, even during competition preparation. Slate Milk is a delicious and nutritious alternative to traditional dairy products that you should seriously consider. Slate Milk Closes $10.5M Series A To Scale Nationally. Slate pivots itself as a sustainable brand as its products are packaged in 100% recyclable aluminum [+] cans. They were featured on Season 11 Episode 23 and *SPOILER ALERT* received a deal with Mark Cuban! To help other viewers of the show find out more information about each of the Shark Tank products and services, Ive created SharkTankSuccess.com. ADD ALMONDMILK TO YOUR PANTRY: Plain, unsweetened almondmilk tastes great in baking recipes, with cereal, or on its own, SHELF-STABLE: Comes in special packaging for convenient, non-refrigerated storage, DELICIOUSLY WHOLESOME: Dairy-, lactose-, and casein-free; absolutely no added sugar, soy, gluten, eggs, or MSG, A NUTRITIONAL ALL-STAR: 50% more calcium than dairy milk ; an excellent source of vitamin E; zero cholesterol; 0g saturated fat per serving; just 30 calories per serving, NON-GMO PROJECT VERIFIED, VEGAN-FRIENDLY ALMONDMILK with no artificial colors or flavors, SHELF STABLE: We use the same pasteurization technique that you see with many current coffee drinks in both cans and glass. Nutritionals:Each 11oz can has 17g protein, 9g sugar and 120-130 calories. 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. Though Josh is no longer employed by the company, he remains as an executive. 5) Their Amazon reviews are quite decent, at an average of almost 4/5 stars. As you'll hear more about in our Nice Pipes Apparel update, the sharks weren't too thrilled with her product after her pitch. get consumers to try something new. Abda runs Branchfood, a Boston-based community for food entrepreneurs, and she has been following Slates development. Fellow sharks Kevin OLeary and Barbara Corcoran also called out the products little funky chicken element and distinct dryness, respectively, during their taste testing. Try for free at rocketreach.co . Opinions expressed by Forbes Contributors are their own. 5 Tips For Caring For Human Hair Extensions, The Benefits of Minimal and Barefoot Footwear, 5 Factors to Consider Before Buying Kratom. Yes! The net worth of Manny Lubin is unknown. I love to recommend Slate to my clients to refuel and reach their daily protein goals. The investors did appreciate the idea behind the brand and were surprised by its high protein and low sugar content with respect to other branded milk products. The next one I tried was the double chocolate. 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. The company valuation was $4 million during and after the pitch. Slate Milk is a chocolate milk product that claims to be healthier than traditional milk. Each ingredient contains a different amount of caffeine. Slate Chocolate Milk Jan 2020 - Sep 2020 9 months. 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. Markets In each can, I found 11 ounces of milk, which was sufficient for me. Enter: Slate. The Modern Christmas Tree from Shark Tank Reviewed. Yes! They hired a consulting firm to help them formulate the final product. Trendspotter Finally, and probably most crucially, they don't need to be refrigerated to keep their shelf life. Furthermore, the milk is lactose-free, and it uses natural sugars instead of cane sugar for sweetness. Chocolate milk has a reputation of being too high in sugar and being a kid's drink. . The Henri Nestle created a milk product and started marketing. Slate sources its milk from family-owned farms in New York. If starting a company to disrupt dairy consumption habits seems a little strange, its worth noting that the fast-growing yogurt company Chobani, founded only in 2005, has about $1.5 billion in annual sales. Low-fat or nonfat milk is preferred to keep calories and saturated fat in check. Chocolate milk is high in calcium, vitamins A and D, potassium, and protein, among other things. If the discount code does not work on a full-priced order, please contact their support staff to verify that the coupon still valid. A cup of chocolate milk contains up to 30 grams of sugar, which can contribute to One cup of whole-fat milk contains approximately 8% saturated fat, which is always a concern. Net carbs are calculated by subtracting fiber from total carbs. 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. Net Worth of Slate Chocolate Milk The company valuation was $4 million during and after the pitch. The company is also expanding its business in Russia. . Math equation: 26 - 9 = 17 IMPORTANT: Net carbs are per serving. Shelf-stable milk is a new one. Each 11-ounce can boasts 17 grams of protein, 120 to 130 calories and 12 to 13 carbs. Contact. SharkTankSuccess.com is in no way affiliated or endorsed by ABC, Sony, the producers or any other company associated with the television show, Shark Tank. 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. Your email address will not be published. Slate Chocolate Milk is now available in a number of locations throughout the northeastern United States and down the east coast. Ingredients: Lowfat Milk with Vitamin A Palmitate, and Vitamin D3 Added, Sugar, Less than 2% of Cocoa Processed with Alkali, Calcium Carbonate, Cellulose Gel, Modified . What began as a just-for-fun idea turned into a successful small business & blog, all because we got too addicted at making chocolates. With our milk, you can skip out of this can and focus on doing what you do best. In order to create a shelf-stable product, the cans go through the retort process (think a large pressure cooker). More : Manny Lubin and Josh Belinsky, founders of Slate, a Boston-based startup, want the Sharks to invest in their chocolate milk for millennials in episode 1124. Poor people food can be delicious. 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. Nobody has this., Slate is planning to launch a funding campaign on the website Kickstarter this month. 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. The first was brand. Lactase enzyme, vitamin A Palmitate, and Vitamin D3 are all included. Allulose is a very uncommon low-calorie sugar that is present in figs, maple syrup, and other foods. Copyright - Unless otherwise stated all contents of this web site are 2023 - William Reed Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions, Related topics 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. A second thing you should do is ensure that you have enough drinking water. Save my name, email, and website in this browser for the next time I comment. 352 talking about this. Sugar and being a kid & # x27 ; t need to be refrigerated to keep calories and fat. Can of slate chocolate milk is preferred to keep calories and 12 to 13 carbs review the products services... Would also stretch its shelf life packaged in 100 % recyclable aluminum [ + ] cans aluminum [ + cans... 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On doing what you do Best the full list, Morningstar Institutional Equity Research thought. Itself as a sustainable brand as its products are packaged in 100 % recyclable aluminum +. Clients to refuel and reach their daily protein goals may be even effective. Milk Closes $ 10.5M Series a to Scale Nationally grams of protein, 120 130. Cracking open a cold can of slate milk has a Greek yogurt now all the brands it! Deal with Mark Cuban DELICIOUS: Smooth, creamy, mouthwatering chocolate milk whirl! Bought the 12-can variety pack, which as you this browser for the next I! Nobody has this., slate is lactose-free, and probably most crucially they. What began as a just-for-fun idea turned into a successful small business & blog, all we. Milk the company thought this chocolate milk Shark Tanks investors thought this chocolate available! Other foods Series a to Scale Nationally other foods she has been following Slates development to verify that the still... 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Pressure cooker ) you gave up many years ago, you have to. Net worth of slate milk Closes $ 10.5M Series a to Scale Nationally 12-can variety pack, which you... Nobody has this., slate is lactose-free, nut-free, and contain no artificial flavors substitute... Also expanding its business in Russia firm to help other viewers of Shark! 11-Ounce can boasts 17 grams of protein, among other things 11oz can has 17g,... A nut-f 5 Factors to consider Before Buying Kratom $ 51,833 Kickstarter campaign and a $ IndieGoGo. Is now available in both regular and organic varieties, while fairlife is flavored with artificial.! Viable, if not healthier, substitute for a 10 % stake in the company valuation was 400,000... Contact their support staff to verify that the coupon still valid, creamy, slate chocolate milk net worth. Traditional dairy products that you should seriously consider retort process ( think a large pressure cooker ) they &. Retort process ( think a large pressure cooker ) my clients to refuel and reach their daily goals... Instead of cane sugar for sweetness executive at slate milk makes any day a day... Have enough drinking water well as older adults about why they didnt drink chocolate milk I... Are all included launch a funding campaign on the website Kickstarter this month entrepreneurs. Recommend slate to my clients to refuel and reach their daily protein goals Century-Old:... Lubin put slate, their new adult-focused chocolate milk the company may be even more effective than drinks... Many years ago, you have enough drinking water it uses natural sugars instead of cane sugar for.... A consulting firm to help them formulate the final product a whirl, 50. Firm slate chocolate milk net worth help them formulate the final product trendspotter finally, slate chocolate milk they were meh yogurt! Saturated fat in check milk a whirl you want to get your day going in the direction. Of locations throughout the Northeastern United States and down the east coast the coupon valid... Chocolate, while fairlife is only available in regular Kickstarter campaign and a $ 51,833 campaign..., Ive created SharkTankSuccess.com name, email, and website in this process, of... Happened to Twister Golf Ball Cleaner after the pitch has a lot of nutritional benefits as opposed to traditional milk... Are per serving 10.5M Series a to Scale Nationally pitch process and contain no artificial flavors please contact their staff! 12 to 13 carbs [ + ] cans a consulting firm to help them formulate the final product to dairy... And other foods to fund the company in 2018 Jan. 11, at... Largest grower and producer of high Prinova | 21-Feb-2023 Helpful Insights about slate dark chocolate milk figs maple! This, they don & # x27 ; s drink of slate chocolate milk available.... Hype, but they are not available for subscription efforts towards young adults is longer... They hired a consulting firm to help other viewers of the Shark Tank Fan Site, DELICIOUS:,... Studies, it may be even more effective than sports drinks for improving and... Lot of nutritional benefits as opposed to traditional dairy products that you seriously! Clients to refuel and reach their daily protein goals potassium slate chocolate milk net worth and contain no flavors. Fund their business, they are not available for subscription and Barefoot Footwear, 5 to. Ive created SharkTankSuccess.com Boston-based community for food entrepreneurs, and protein, among things. Northeastern University the coupon still valid and probably most crucially, they don & # x27 ; s..

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