Proteins Buy products such as Great Value 1% Low Fat Chocolate Milk, Half Gallon, 64 fl oz at Walmart and save. 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. 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!). This milk substitute contains half the sugar of regular chocolate milk and half the protein. Manny Lubin is an entrepreneur who founded Slate Chocolate Milk in 2018. According to some studies, it may be even more effective than sports drinks for improving endurance and reducing post-workout exhaustion. Most people said they couldnt really remember. Slate Milks benefits include lower fat and sugar levels than regular chocolate milk. 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. Slate pivots itself as a sustainable brand as its products are packaged in 100% recyclable aluminum [+] cans. 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. But they found it perplexing that it wasnt a beverage adults drink regularly. They hired a consulting firm to help them formulate the final product. 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. When I go and invest, I help them., In the past, Klane helped expand distribution for brands like Boca Burger and Chobani. Slate Dark Chocolate Milk is high in protein, with 20 grams, 1 g sugar, and 2 g net carbs. The key was getting something that delivered the sweetness and indulgent flavor profile without a monk fruit aftertaste., The next iteration of the product will have even more protein and less sugar, he said. While the milk is not need to be refrigerated, it is best served chilled. The Yoo-Hoo cans may be a better substitute for chocolate milk than the real thing, but they are not as good as it is. Jan 30. The taste reminded me of coffee milk (remember that?!! 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. But Belinsky contends millennials want to support brands that are the underdog, and they like the startup approach to things., It seems like everyone is reimagining milk these days coconut milk, oat milk, almond milk, soy milk, and now real milk without the lactose, says Jen Faigel, executive director of Commonwealth Kitchen, a Boston nonprofit that supports food entrepreneurs. Opinions expressed by Forbes Contributors are their own. The newly raised capital will support the launch of its two new flavors in 2022 and continued retail and e-commerce expansion. 2023 PitchBook. , When they buy it [for the first time], our consumers often say that they are not necessarily looking for a chocolate milk, they see the high protein, low sugar, see it looks indulgent, and they put it in their cart.. If you are lactose intolerant, it might have drowned your heart to watch children enjoy chocolate milk all throughout your childhood. 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 . This 75% less sugar content chocolate milk is sourced from 30 unique family-owned farms and since their introduction, Slate has come up with 3 unique flavors. 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 Chocolate Milk is a company that produces low-sugar, high-protein chocolate milk drinks that are also lactose-free for health-conscious consumers. Ultimately, Josh and Manny left the pitch without securing a deal. Hi, I'm Ali! This is thanks to the companys successful launch of its line of premium chocolate milk products. What Happened to Twister Golf Ball Cleaner after the Shark Tank Pitch? After raising over $500,000 in investments last year, their product is now sold in more than 300 grocery stores along the East Coast. When I first received my samples of Slate Milk, I instantly was attracted to the packaging. . For nutritional information, use the side panel. Slate Chocolate Milk was started up in Boston in order to accommodate the taste buds of many other fellow lactose intolerant consumers. The net worth of Manny Lubin is not available. It is made by adding cocoa powder to milk and sweetening it with sugar. Videos. High levels of sugar was another concern, as was the expiration-date issue: Would you get around to drinking it before it soured? 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. Slate chocolate milk will be sold in cans. The first was brand. Northeastern graduates Josh Belinsky and Manny Lubin. Slate Chocolate Milk FAQs What is Slate 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. It also expects to expand its retail presence and expand its reach through e-commerce. I can drink slate anytime without worrying about calories or fat content, even during competition preparation. Plus, it doesn't require refrigeration and is shelf-stable for months so you can throw it in your gym bag or your camping bag to enjoy later. It is also gluten and nut free. Slate Milk is a low-calorie (100), high-protein (20g) chocolate milk that's lactose-free and has zero grams of sugar in it. In 2018, Josh Belinski and Manny Lubin founded the company. 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 A second thing you should do is ensure that you have enough drinking water. ), with a hint of chocolate in it. Not only does it taste amazing, it's exactly what my body needs everyday. Is there untapped demand for chocolate milk in a can? 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. There are tons of chocolate milk lovers out there, Lubin said, and people looking for better protein shake or latte options. However, drink it cold for best taste! Slate Milk filtered their milk to remove sugars, which was then flavored with water to increase the protein content. Since you gave up many years ago, you have nothing to lose and you should definitely give Slate Chocolate Milk a whirl. 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. 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). Chocolate milk has been a staple growing up for me. 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! 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. The milks creators presented their creation on ABCs Shark Tank. High protein, great tasting chocolate milk? It is made using a process known as ultrafiltration, which eliminates most of the natural sugars from milk. Manny 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. Not only does it taste amazing, it's exactly what my body needs everyday. Unlike regular chocolate milk, Slate milk is lactose-free, has 20g of protein, 0 grams of sugar and contains vitamins and electrolytes. There was nothing more refreshing than a glass of chocolate milk! 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. Shop slatemilk.com and enjoy your savings of November, 2022 now! If you do their subscribe and save option, it brings the price down to about $2.50 a can. Cracking open a cold can of Slate milk makes any day a good day for me! For one, slate chocolate milk is made with whole milk, while fairlife is made with skim milk. Please recycle after youve hit the ground because 75% of all aluminum used in a product has been recycled. Those are the two things that stop young entrepreneurs. Contact Information Website www.slatemilk.com Ownership Status Privately Held (backing) Financing Status They presented their firm and its exclusive ultrafiltration technology, and distributed samples of their chocolate milk for millennials. What Happened to Viewsport after Shark Tank? display: none; The drinks come in really sleek cans - kind of similar to Red Bull ones and definitely gave off more of an adult vibe. They were featured on Season 11 Episode 23 and *SPOILER ALERT* received a deal with Mark Cuban! Since then the company is still operational and hence the company net worth might have be higher than that of pitch. But how does it taste? As of 2020, slate chocolate milk net worth is estimated to be around $2 million. If youre looking for a drink with a lot of nutritional benefits after your workout, chocolate milk is an excellent choice. It is available on their website and a number of stores including Roche Brothers, Harris Teeter, Whole Foods Market, and a number of smaller supermarkets. Slate has also added 150mg of caffeine to its chocolate milk. Because while we may not be health gurus nor gold-medal athletes, we do everything we can to live an active and healthy lifestyle. Hi! Slate quantified their plans for growth by asking the investors for $400,000 by giving up 10% stake in their company. In each can, I found 11 ounces of milk, which was sufficient for me. 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. They had finally reached a point where they could acknowledge the mistakes they had made. So they started interviewing fellow millennials as well as older adults about why they didnt drink chocolate milk. When was the last time you came home from an intense workout and cracked open a tall, cold can of . It's fire, it's nutritious, and it's delicious., Slate Milk is my ultimate dream drink! Nobody has this., Slate is planning to launch a funding campaign on the website Kickstarter this month. But a pair of Boston entrepreneurs hope to change that this month, with a new brand of canned chocolate milk called Slate. Yes! This one was also very smooth but tasted a little thicker and richer than the regular chocolate milk. These drinks are a really good option to have after a workout or as an afternoon pick me up. That said, the Sharks feedback during the episode which aired almost a year after it was filmed, by which time the formulation had changed considerably drove Lubin and Belinsky to work even harder to get the sweetening and flavoring system right. It was good but it did leave me feeling a little full afterward. Slate Chocolate Milk is completely gluten-free. Net carbs are calculated by subtracting fiber from total carbs. Since the two entrepreneurs were now dead set towards targeting health-conscious consumers, they also began marketing their products as 100% natural, non-GMO, gluten-free and nut-free. [removed] lolzergrush 9 yr. ago. Those prototype products never made it to the shelves, according to Lubin. Slate provides free shipping on all orders inside the United States. I love to recommend Slate to my clients to refuel and reach their daily protein goals. It tastes just like the chocolate milk you remember from your childhood. Helpful Insights About Slate Dark Chocolate Milk. 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. I love the smoothness of the flavor and the texture. When it comes to flavor, 2023 promises more exciting experiences in food and beverage than ever before. The only outside water we use is to clean our machinery.. The product comes in a can and is available in three flavors: chocolate, dark chocolate, and espresso. We all know chocolate milk is delicious, but it's also usually loaded with sugar and calories. Boston Globe tech reporters tell the story of the region's technology and innovation industry, highlighting key players, trends, and why they matter. Slate, which sources dairy from family-owned farms in New York, is currently available in three [+] different varieties. Belinski and Lubin met at Northeastern University, and later decided to work together to develop the product. If the amount is close to 25g per serving, consider whether you're going to eat more food later. Low sugar, lactose free, and high in protein check all the boxes for a chocolate milk that goes great with any lifestyle. Net Worth of Slate Chocolate Milk The company valuation was $4 million during and after the pitch. more products. 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