How does it compare taste-wise to the fairlife protein chocolate milks? The two founded Slate, a company that sells lactose-free chocolate milk designed for adults, in 2018. $39.99. Discount coupons are not applicable to items that have already been discounted, such as Subscribe & Save orders! To fund their business, they launched two campaigns: a $51,833 Kickstarter campaign and a $53,438 IndieGoGo campaign. 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 Northeastern University alums bonded over a shared affinity for chocolate milk. Some people believe that slate chocolate milk is healthier than regular chocolate milk because it contains more cocoa. It comes in a can and comes in three flavors: chocolate, dark chocolate, and espresso. They presented their firm and its exclusive ultrafiltration technology, and distributed samples of their chocolate milk for millennials. Is there untapped demand for chocolate milk in a can? It is a process known as ultrafiltration that produces milk that is naturally free of natural sugars (lactose). Despite the growing hype around dairy alternatives, a category that will grow at an estimated 23% CAGR between 2020 and 2027 to reach at least $5.1 billion in the U.S., according to PitchBook data, Lubin said Slate is not in a rush to jump on the bandwagon. 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. Chocolate milk is an excellent substitute for sugar-based sodas and fruit drinks that do not provide nutrients. Ultrafiltration Technology removes fat, sugar, and lactose from milk. 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. It is made by adding cocoa powder to milk and sweetening it with sugar. 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. 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. Never would be an appropriate answer. it's worth noting that the fast-growing yogurt company Chobani, founded only in 2005, has about $1.5 billion in annual sales. Slate Milk is made from 100% organic, grass-fed milk and contains no gluten, soy, or sugar. Nut milks were a crazy niche product a few years ago, but now theyre mainstream. Viewsport Shark Tank Update. Slate is where its at! They sell them online in 12 packs for $36 ($3 per 11.1 ounce can). ADM's SojaProtein is the largest grower and producer of high Prinova | 21-Feb-2023 Lukas Southard Jan. 11, 2023 at 3:50 pm. Josh is also a Northeastern University graduate who studied entrepreneurship and has prior experience in business development and account management. With our milk, you can skip out of this can and focus on doing what you do best. Scott Kirsner can be reached at kirsner@pobox.com. The company sources its milk from about 30 family-owned U.S. dairy farms and uses recyclable aluminum to package its milk. Since then the company is still operational and hence the company net worth might have be higher than that of pitch. The same issues kept coming up, Lubin recalls. 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. 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. . 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. Slate Chocolate Milk is a new brand of chocolate milk available online. The product uses an exclusive ultrafiltration technology, and the company distributes samples to consumers. It is made from family farms in New York. Slate Milk - High Protein Shake, Variety Pack, Classic Chocolate, Dark Chocolate, Mocha Latte, 20g Protein, 0g Added Sugar, Lactose Free, Keto, All Natural (11 oz, 12-Pack) Visit the SLATE Store 864 ratings | 8 answered questions Amazon's Choice in Sports Nutrition Ready to Drink Protein by Slate $3999 ($0.30 / Fl Oz) Flavor Name: Variety Pack Skip to Main Content. 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. Well, Josh Belinsky and Manny Lubin decided to test their limits and as a result of their experiments, Slate Chocolate Milk was finally born. Not only does it taste amazing, it's exactly what my body needs everyday. And it uses the natural sweetener monk fruit to maintain the right level of sweetness. This post may contain affiliate links. Belinsky and Lubin decided to start a company in May and began the process of raising about $100,000 from individual investors. Then they add chocolate and monk fruit to sweeten it. The product is available in dark chocolate, espresso chocolate, and chocolate with 150mg of caffeine (equivalent to two shots of espresso). 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. However, drink it cold for best taste! Needless to say, the Sharks were not impressed by the answer and declined their offer shortly after. Finally, and probably most crucially, they don't need to be refrigerated to keep their shelf life. 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). Prinova offers custom flavors, flavor matching & modification. Typically, standard items are delivered within 4-10 business days. Slate Milk is about $3 a can and can be purchased on their website as either a 12 pack, 24 pack or 48 pack. 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. Contact Information Website www.slatemilk.com Ownership Status Privately Held (backing) Financing Status Slate cofounder Josh Belinsky acknowledges that when you tell people about your chocolate milk startup, they laugh. Especially because he and his cofounder, Manny Lubin, began their careers working at tech startups. 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. 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. . There are tons of chocolate milk lovers out there, Lubin said, and people looking for better protein shake or latte options. The net worth of Manny Lubin is unknown. This is top-tier, premium chocolate milk. Clean Macro-Based Meal Plans, Grocery Lists, Proteins & Supplements - Clean Simple Eats Your Cart Bad news, your cart is empty. Here's the nutritional information for each of the current flavors: Slate Milk is a healthier alternative to regular chocolate milk. The beverage is priced at $3 per 11.1-ounce can. They were seeking for $400,000 for a 10% stake in the business. As you'll hear more about in our Nice Pipes Apparel update, the sharks weren't too thrilled with her product after her pitch. Example: A product with 26 grams of total carbohydrates and 9 grams of fiber will have 17 grams net carbs. To help other viewers of the show find out more information about each of the Shark Tank products and services, Ive created SharkTankSuccess.com. High protein, great tasting chocolate milk? Chocolate milk has nine nutrients and vitamins in it. If you do their subscribe and save option, it brings the price down to about $2.50 a can. Slate Milk High Protein Shake, Classic Chocolate, 20g Protein, 0g Added Sugar, Lactose Free, Keto, All Natural (11 oz, 12-Pack). Slate's lactose-free chocolate milk is currently available in three flavors: Classic Chocolate Milk, Dark and Espresso. Slate Chocolate Milk is a firm that makes lactose-free, low-sugar, high-protein chocolate milk beverages for health-conscious people. 5) Their Amazon reviews are quite decent, at an average of almost 4/5 stars. Slate chocolate milk will be sold in cans. Who said healthy meant sacrificing taste? Slate Milk is also 100 percent lactose-free. 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. Hope you'll enjoy our products, articles and our website professional guides. 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. Jul 9 Slate Dark Chocolate Milk Perry Argiropoulos . Get the full list, Morningstar Institutional Equity Research. This is thanks to the companys successful launch of its line of premium chocolate milk products. "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. Net Worth of Slate Chocolate Milk The company valuation was $4 million during and after the pitch. Dairy High protein, great tasting chocolate milk? 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. Get 60 Slate Chocolate Milk coupon codes and promo codes at CouponBirds. The taste reminded me of coffee milk (remember that?!! 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. 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. It's currently only available for pre-order on their website, but they will ship to their backers in October 2019. Slate Milk filtered their milk to remove sugars, which was then flavored with water to increase the protein content. In 2018, Manny Lubin and Josh Belinski founded a firm together after meeting at Northeastern University. While milk is not required to be refrigerated, it should be chilled if desired. Required fields are marked *. When we ultra-filter our milk, we also remove some of the water naturally in milk, which gets sent back to our partner farms. The Modern Christmas Tree from Shark Tank Reviewed. This one was also very smooth but tasted a little thicker and richer than the regular chocolate milk. Nutritionals:Each 11oz can has 17g protein, 9g sugar and 120-130 calories. Slate Milk - High Protein Shake, Classic Chocolate, 20g Protein, 0g Added Sugar, Lactose Free, Keto, All Natural (11 oz, 12-Pack) Add. Chocolate Academy by Barry Callebaut presents their first Chocolate confectionery report for 2023 and beyond, H&F pectin optimizes starch based applications, H&F Innovative Solutions for your Product Developments, Plant-based, alt proteins, precision fermentation, Carbohydrates and fibers (sugar, starches), T. Hasegawa releases 2023 Flavor Trends Report, FDAs update for new Human Foods Program falls short of industry expectations, JM Smucker explores acquisitions, innovation, stepped-up marketing to energize coffee sales, Brands may end up losers as consumer taste for private label during inflation lingers, Attest finds, Sola reformulates as all natural, rebrands keto-friendly bread. Nope! The only outside water we use is to clean our machinery.. Developer of a beverages e-commerce platform intended to provide all-natural, high-protein food and drinks with no added sugar. Nonetheless, yoo-hoo is not the healthiest option available and includes tons of sugar. I love sharing my Peloton tips, healthy recipes, toddler and baby activities, and more! Lisa Binderow entered the Shark Tank in Season 8 wearing her Nice Pipes Apparel. As a point of comparison, 11oz of TruMoo chocolate whole milk has 11g protein, 32g sugar and 275 calories. But with the high amount of sugar and calories, it wasn't always the healthiest option. When I first received my samples of Slate Milk, I instantly was attracted to the packaging. Manufacturers Yes please!, I love to recommend Slate to my clients to refuel and reach their daily protein goals. 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). Copyright 2023 SharkTankSuccess.com | The Best Shark Tank Fan Site, DELICIOUS: Smooth, creamy, mouthwatering chocolate milk. Slate quantified their plans for growth by asking the investors for $400,000 by giving up 10% stake in their company. Without preservatives, using this process, we can deliver products safely to your door without refrigeration. They are targeting adults and consumers who are lactose-intolerant. The drink contains only 130 calories, nine grams of sugar, and 17 grams of protein per serving. Its the perfect drink for breakfast or a post-workout snack. Nesquik Low-Fat Chocolate Milk. This milk is ultra-filtered, a process which results in a milk that's higher in protein and lower in sugar. What to Eat Before and After Your Workout. As an Amazon Associate I earn from qualifying purchases. | Insight Guide. Save my name, email, and website in this browser for the next time I comment. ", If I were you I'd go ahead and get me some Slate. What Happened to WiSpots after the Shark Tank Pitch? Its creators, Manny Lubin and Josh Belinski, are seeking investments for production and distribution. more products. 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. Patrice, home on furlough, lapped warm milk with me in the bar MacMahon. After a year of development, Slate milk cans have reached retail stores and Costco shelves. Slate Lactose Free Chocolate Milk contains 17 grams of protein and nine grams of sugar, with 120 calories and no fat in a can. }Customer Service. Follow him on Twitter @ScottKirsner. Slate was valued at $4 million during the pitch process. 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! All rights reserved. To view Slate Milks complete valuation and funding history, request access, To view Slate Milks complete executive team members history, request access, To view Slate Milks complete board members history, request access, Youre viewing 5 of 17 investors. functional beverage Boston Globe tech reporters tell the story of the region's technology and innovation industry, highlighting key players, trends, and why they matter. Slate uses skimmed milk and ultrafiltration to remove lactose. 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