Most of these investors, Lubin believes, have been in similar situations when building their businesses and can effectively help Slate expand retail and online footprints. 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. Lukas Southard Jan. 11, 2023 at 3:50 pm. It was because of this desire that they created the company after realizing how many people were looking for a healthier and sustainable dairy option. Calories: 108; "Pussy" is a hard word to say in general, with a straight face. The term net carbs refers to the amount of carbohydrates ingested by the body. Videos. 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 . 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. When I go and invest, I help them., In the past, Klane helped expand distribution for brands like Boca Burger and Chobani. Slate Chocolate Milk is a milk substitute that has a lower sugar content and is made with monk fruit extract. His creation is a healthier alternative to traditional chocolate milk and is lactose free. The net worth of Josh Belinski is not available. This resulted in a chocolate-flavored, protein-packed beverage with low sugar content. He also works as an executive at the company. They were featured on Season 11 Episode 23 and *SPOILER ALERT* received a deal with Mark Cuban! 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? Shop for Chocolate Milk in Flavored Milk. This post may contain affiliate links. Now, Slate is available in a wide variety of retail stores and consumers can also choose to order their products directly from their website. It contains nine essential nutrients in addition to calcium, potassium, and vitamins A, D, E, and B12, in comparison to white milk. Each can contains 11 oz of milk, which I found to be the perfect amount. Slate Milk filters their milk to remove lactose sugars and then adds in a little water to bump up the protein. Net Carbs are 10% of calories per serving, at 12g per serving. Clean Macro-Based Meal Plans, Grocery Lists, Proteins & Supplements - Clean Simple Eats Your Cart Bad news, your cart is empty. People dont like the level of sugar or lactose in real milk. Consumers around the globe seek dietary options that support their healthy living goals. | Technical / White Paper. Slate Chocolate Milk is now available in a number of locations throughout the northeastern United States and down the east coast. Yes! While the milk is not need to be refrigerated, it is best served chilled. | Insight Guide. Slate is where its at! If I were you I'd go ahead and get me some Slate. 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. 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." Yes please! Shop slatemilk.com and enjoy your savings of November, 2022 now! Surprisingly flavorful and chocolaty for a shelf-stable, protein-fortified chocolate milk. . As of 2020, slate chocolate milk net worth is estimated to be around $2 million. Theres TruMoo, Yoo-hoo, and so on., The second was lactose intolerance or sensitivity. People 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. 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. The modern chocolate milk drinks are available in varieties like the smooth and creamy Classic Chocolate Milk, Dark Chocolate Milk and Mocha Flip, which combines chocolate milk with . This clearly wasn't the same chocolate milk I drank as a kid! Slate Milk is a great alternative to traditional chocolate milk. Slate Milk is a chocolate milk product that claims to be healthier than traditional milk. This one was also very smooth but tasted a little thicker and richer than the regular chocolate milk. Sure know they say that frequently, but believe them. The chocolate bars,. In fact, by 2020, Parker's Real Maple Syrup was estimated to be worth $10 million. ), with a hint of chocolate in it. Sure, there's some chalkiness from the protein concentrate, and sure, there's a slight but noticeable cooked milk flavor from the high-temp pasteurizing, but drinking this is decidedly more pleasure than pain, and compares very favorably to its typical 'recovery beverage' peer group. Chocolate milk the childhood-favorite drink typically packaged in a brown carton hasn't changed much in the last few decades. There is no caffeine in slate chocolate milk. Slate Milk is made from 100% organic, grass-fed milk and contains no gluten, soy, or sugar. These drinks are a really good option to have after a workout or as an afternoon pick me up. 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. Contact Information Website www.slatemilk.com Ownership Status Privately Held (backing) Financing Status The same issues kept coming up, Lubin recalls. 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. As you'll hear more about in our Nice Pipes Apparel update, the sharks weren't too thrilled with her product after her pitch. To sweeten the milk, they blend it with allulose, a low-calorie natural sugar that's normally found in figs and maple syrup. The product comes in a can and is available in three flavors: chocolate, dark chocolate, and espresso. 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. This is not any ordinary chocolate milk. 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. But a pair of Boston entrepreneurs hope to change that this month, with a new brand of canned chocolate milk called Slate. The chocolate and dark chocolate milk don't contain any caffeine, but the espresso milk does contain 150 mg of caffeine. In 2018, Manny Lubin and Josh Belinski founded a firm together after meeting at Northeastern University. The newly raised capital will support the launch of its two new flavors in 2022 and continued retail and e-commerce expansion. We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Hope you'll enjoy our products, articles and our website professional guides. 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. (He and Belinsky say they are lactose intolerant.). Who said healthy meant sacrificing taste? Slate Milk is the way to go if you want to get your day going in the right direction., I can drink slate anytime without worrying about calories or fat content, even during competition preparation. Without preservatives, using this process, we can deliver products safely to your door without refrigeration. 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. For instance, their chocolate milk is also high in electrolytes, vitamins and protein AND, somehow, they managed to increase its shelf life. 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. Developer of a beverages e-commerce platform intended to provide all-natural, high-protein food and drinks with no added sugar. 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). 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. To showcase their creation, the cofounders of Slate Chocolate Milk walked in with their creation in front of their potential investors on ABCs Shark Tank. Make sure you know your serving size or else you may go over your planned intake and exit ketosis. Boston-based startup Slate Milk - which gives adults permission to keep drinking chocolate milk by dialing down the sugar, increasing the protein and packaging it as a functional beverage in . Lactase enzyme, vitamin A Palmitate, and Vitamin D3 are all included. 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. Not only does it taste amazing, it's exactly what my body needs everyday. This milk is ultra-filtered, a process which results in a milk that's higher in protein and lower in sugar. 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. Unlike regular chocolate milk, Slate milk is lactose-free, has 20g of protein, 0 grams of sugar and contains vitamins and electrolytes. Our milks and lattes have 20g protein and 0g added sugar, all while being unbelievably delicious. Since then the company is still operational and hence the company net worth might have be higher than that of pitch. Slate has also added 150mg of caffeine to its chocolate milk. Finally, slate chocolate milk is available in both regular and organic varieties, while fairlife is only available in regular. 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. They do recommend drinking them cold for best taste, but they're also safe to drink not refrigerated. 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. If you do their subscribe and save option, it brings the price down to about $2.50 a can. 18-Feb-2021 The company valuation was $4 million during and after the pitch. Run by Black journalists at The Boston Globe, Black News Hour, a new radio program, delivers reliable news that connects with our community and expands on deeper issues impacting our city. Opinions expressed by Forbes Contributors are their own. by Justine Pringle | Nov 10, 2022 | Chocolate Types. After a year of development, Slate milk cans have reached retail stores and Costco shelves. We want to give it a refresh or a reboot., They know theyll be competing against big established brands like Nestl and Danone (which owns New Hampshire-based Stonyfield Farms). Keeping this in mind, Slate Chocolate Milk was invented by inherently having much less sugar than your average flavored milk products. Whether you choose it or not, you can make a nutritious diet by consuming 8 grams of protein, along with calcium, vitamin D, and phosphorus, all of which are natural and high-quality. 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. Markets 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. 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. 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 . Overall I really liked all 3 versions of the milk and I would recommend checking them out. The company is also expanding its business in Russia. Check Latest Price Product Details When we filmed we were pre-launch and the version the Sharks tasted was not the version on shelf today, but we appreciate all feedback, said Lubin. This is thanks to the company's successful launch of its line of premium chocolate milk products. All of this was possible thanks to a process called ultrafiltration. 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. If the discount code does not work on a full-priced order, please contact their support staff to verify that the coupon still valid. Those are the two things that stop young entrepreneurs. Slate Milk can be purchased through their site here, or through select grocery stores like Whole Foods, Market Basket, Publix, and Wegmans. Dairy-based ingredients Their original goal was $400,000 in exchange for a 10% stake in the company. 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. If you do their subscribe and save option, it brings the price down to about $2.50 a can. All three flavors are made with skim milk, cane sugar, cocoa and monk fruit, the latter of which is added for extra sweetness. So, while this sounds good on paper, it makes you wonder if the taste gets nerfed from all the healthy benefits it boasts about. The two founded Slate, a company that sells lactose-free chocolate milk designed for adults, in 2018. 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. 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. It's fire, it's nutritious, and it's delicious. Discount coupons are not applicable to items that have already been discounted, such as Subscribe & Save orders! Slate Chocolate Milk is nut-free and is produced in a nut-f. They are currently developing a low-sugar, lactose-free milk, and are planning to offer a variety of other flavors in the future. Related Post: What to Eat Before and After Your Workout. Its creators, Josh Belinsky and Manny Lubin, first pitched it on Shark Tank. Chocolate milk has been a staple growing up for me. 2.3M views 2 years ago As Josh Belinsky and Manny Lubin of Slate Chocolate Milk let the Sharks have a taste of their product, they might have regretted their decision as Mark Cuban has a. Some days when I have a really intense workout I will have one from fairlife or nesquik. [removed] lolzergrush 9 yr. ago. While milk is not required to be refrigerated, it should be chilled if desired. Lactose can make people feel off or slow, Lubin says. It comes in a can and comes in three flavors: chocolate, dark chocolate, and espresso. Boston-based startup Slate has closed $3.3 million in an extended seed round to expand its chocolate [+] milk business. There are tons of chocolate milk lovers out there, Lubin said, and people looking for better protein shake or latte options. Reviews. These farmers genuinely care about their livestock. Amazon customers can purchase all flavors, but they are not available for subscription. Then, by June 2020, was acquired by The Forest Farmers, a company based in Upstate New York that was founded in 2016 by his mentor, Michael Farrell. | Insight Guide. Sweeteners (intense, bulk, polyols), ADM | 22-Feb-2023 Slate Chocolate Milk is certified kosher. As Lubin puts it, You wouldnt walk into a business meeting carrying a container of kids chocolate milk.. Chocolate milk has a reputation of being too high in sugar and being a kid's drink. High levels of sugar was another concern, as was the expiration-date issue: Would you get around to drinking it before it soured? 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. Slate Milk Closes $10.5M Series A To Scale Nationally. 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. Using an ultrafiltration system, they are able to strip the milk of fat, water, and sugar (including the. Slate Chocolate Milk is completely gluten-free. Yes, Yoo-hoo is gluten-free. The milk is "ultra-filtered" to remove lactose sugars and some of the water content, which is then blended with stuff like allulose and monk fruit. After raising over $500,000 in investments last year, their product is now sold in more than 300 grocery stores along the East Coast. Nut milks were a crazy niche product a few years ago, but now theyre mainstream. After everything that happened at the class field trip to the ski lodge, a little bit, okay a lot, of girl talk was necessary. Slate quantified their plans for growth by asking the investors for $400,000 by giving up 10% stake in their company. Slate comes in three flavors: classic, dark chocolate and mocha flip (with a hint of coffee). To help other viewers of the show find out more information about each of the Shark Tank products and services, Ive created SharkTankSuccess.com. Even though Shark Tanks investors thought this chocolate milk was for older people, Slate has targeted their marketing efforts towards young adults. Soup-To-Nuts Podcast: How will the CPG space change in the next 10 years? Theyll soon find out. 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. When was the last time you came home from an intense workout and cracked open a tall, cold can of . Most people said they couldnt really remember. And educating consumers about how the product is different requires time and marketing money. Currently, Slate is available at 5,000 retail locations, including Wegmans, Market Basket, and Harris Teeter. Low sugar, lactose free, and high in protein check all the boxes for a chocolate milk that goes great with any lifestyle., This is not any ordinary 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. Slate Chocolate Milk Chocolate milk, built better. What Happened to WiSpots after the Shark Tank Pitch? This is thanks to the companys successful launch of its line of premium chocolate milk products. Slate pivots itself as a sustainable brand as its products are packaged in 100% recyclable aluminum [+] cans. Cocoa is a good source of antioxidants and has been linked to lower blood pressure and cholesterol levels. Chocolate milk The beverage is priced at $3 per 11.1-ounce can. - Last updated on There are a few key differences between slate chocolate milk and fairlife. 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. Slate Chocolate Milk is gluten-free, kosher, and nut-free. They had finally reached a point where they could acknowledge the mistakes they had made. SHELF STABLE: We use the same pasteurization technique that you see with many current coffee drinks in both cans and glass. About - Slate Milk After years of waiting for a 'modern' chocolate milk to hit the market, we decided to take action - and fix everything wrong with this classic, naturally protein-rich category. 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. Coffee drinks in both regular and organic varieties, while fairlife is only available in three flavors:,. Lower blood pressure and cholesterol levels family and I would recommend checking them out open. 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