Lukas Southard Jan. 11, 2023 at 3:50 pm. This is top-tier, premium chocolate milk. Additionally, it does not need to be refrigerated to keep its shelf life. The company raised $1.7 million in seed funding in February 2021, which allowed them to expand their distribution to over 3,000 locations, including Giant, Giant Martins, Hannaford, Bristol Farms, Central Market, and Publix. It's fire, it's nutritious, and it's delicious. They do recommend drinking them cold for best taste, but they're also safe to drink not refrigerated. The only outside water we use is to clean our machinery.. 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. Slate Milk has a lot of nutritional benefits as opposed to traditional chocolate milk. His creation is a healthier alternative to traditional chocolate milk and is lactose free. Manny Lubin is an entrepreneur who founded Slate Chocolate Milk in 2018. Low sugar, lactose free, and high in protein check all the boxes for a chocolate milk that goes great with any lifestyle. Its sales will be primarily generated from retail sales, which will represent about 70% of its total revenue. However, the Sharks were not a fan of the flavor and were hesitant to fund the company. 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. 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. 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. In terms of post-workout nutrition, there are a few things to keep in mind. But a pair of Boston entrepreneurs hope to change that this month, with a new brand of canned chocolate milk called Slate. It then adds back 9g of cane sugar and some monk fruit for sweetness. Cracking open a cold can of Slate milk makes any day a good day for me! But I definitely am not a consistent chocolate milk drinker anymore. Who said healthy meant sacrificing taste? Check Latest Price Product Details 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 quantified their plans for growth by asking the investors for $400,000 by giving up 10% stake in their company. It hopes to benefit from the rising demand for dairy products in Russia. get consumers to try something new. Abda runs Branchfood, a Boston-based community for food entrepreneurs, and she has been following Slates development. Slate Chocolate Milk was started up in Boston in order to accommodate the taste buds of many other fellow lactose intolerant consumers. Using a method called ultrafiltration; they naturally filter out the natural sugars (lactose) in the milk. Win whats next. The founders were originally from the United States. 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. Copywriter CallGear . Slate Milk is about $3 a can and can be purchased on their website as either a 12 pack, 24 pack or 48 pack. 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. 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. 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. Scott Kirsner can be reached at kirsner@pobox.com. The net worth of Josh Belinski is not available. Their original goal was $400,000 in exchange for a 10% stake in the company. Buy products such as Great Value 1% Low Fat Chocolate Milk, Half Gallon, 64 fl oz at Walmart and save. People dont like the level of sugar or lactose in real milk. It's available in chocolate, dark chocolate and espresso chocolate, the latter of which has 150mg of caffeine (equivalent to two shots of espresso). But they found it perplexing that it wasnt a beverage adults drink regularly. Terrible. This post may contain affiliate links. Kosher Slate Chocolate Milk has no sugar added, and uses an ultrafiltration process to filter the natural sugars found in milk. It is also gluten and nut free. Founded in 1910 as the California Almond Grower's Exchange, the organization claims to be the world's largest tree nut processing and marketing company. Their idea for the drink was born out of their desire to create a lactose-free chocolate milk alternative. Nut milks were a crazy niche product a few years ago, but now theyre mainstream. As an Amazon Associate I earn from qualifying purchases. Manny has a degree in Marketing and Communication from Northeastern University and has previous experience in the industry from co-founding another firm. Slate is on a mission to give chocolate milk a clean slate. Slate is lactose-free, has 50% more protein than. ). By 2021, Slate expects to generate a two to three-fold increase in revenue. Amazon customers can purchase all flavors, but they are not available for subscription. Subscribing to their email is the best way to remain informed about all of their deals. Theyll soon find out. Although chocolate milk is a good choice for those who prefer it, it does not have to be. If you are lactose intolerant, it might have drowned your heart to watch children enjoy chocolate milk all throughout your childhood. They were seeking for $400,000 for a 10% stake in the business. Each can contains 11 oz of milk, which I found to be the perfect amount. Helpful Insights About Slate Dark Chocolate Milk. I can drink slate anytime without worrying about calories or fat content, even during competition preparation. lower sugar, higher protein chocolate milk. Not only does it taste amazing, it's exactly what my body needs everyday. 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 Since then the company is still operational and hence the company net worth might have be higher than that of pitch. Get the full list, Morningstar Institutional Equity Research. Slate Chocolate Milk is a firm that makes lactose-free, low-sugar, high-protein chocolate milk beverages for health-conscious people. Since they reduced its sugar content and people expect chocolate milk to be incredibly sweet, Slate made use of monk fruit as a healthier alternative to sugar. Chocolate milk is an excellent substitute for sugar-based sodas and fruit drinks that do not provide nutrients. Related Post: What to Eat Before and After Your Workout. The company recently launched a flavored line in the US and is planning to expand into other markets in the future. 2023 PitchBook. Contact. Since you gave up many years ago, you have nothing to lose and you should definitely give Slate Chocolate Milk a whirl. All 3 of the milk taste delicious and are a perfect addition to breakfast or post-workout snacks. (He and Belinsky say they are lactose intolerant.). But theres a void for what Josh and Manny have got. With our milk, you can skip out of this can and focus on doing what you do best. As of February 2022, the company is still in operation and has an annual revenue of $3 million. Furthermore, the products are also available on the website, wherein they can be purchased online. ADM's SojaProtein is the largest grower and producer of high Prinova | 21-Feb-2023 If you do their subscribe and save option, it brings the price down to about $2.50 a can. Soup-To-Nuts Podcast: How will the CPG space change in the next 10 years? This is thanks to the companys successful launch of its line of premium chocolate milk products. Your email address will not be published. According to The Aluminum Association, 75% of all aluminum manufactured has been recycled so please recycle after chugging! We simply review the products and services that we like from the show. Additional shipping charges may apply to items shipped to Canada, based on their location. One other great thing about Slate Chocolate Milk is that it does not need to be refrigerated to retain its flavor even though they mentioned that their creation tastes best when served cold. (Thats about $3.30 per 11-ounce can.). 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. The product is also gluten-free and nut-free. Sweeteners (intense, bulk, polyols), ADM | 22-Feb-2023 Ingredients (Classic Chocolate Milk): Ultrafiltered Skim Milk Blend (Ultrafiltered Milk, Water), Cane Sugar, Natural Flavors, Cocoa (processed with alkali), Monk Fruit, Potassium Chloride, Pectin, Salt, Cellulose Gel, Cellulose Gum, Lactase Enzyme, Vitamin A Palmitate, Vitamin D3. Manny earned a BA in Marketing and Communication from Northeastern University. . Slate Milks co-founders tested many lactose-free chocolate drinks before developing the perfect formula. To help other viewers of the show find out more information about each of the Shark Tank products and services, Ive created SharkTankSuccess.com. Slate Milk Closes $10.5M Series A To Scale Nationally. As an added detail, Slate Chocolate Milk also aims to make the lives of farmers easier. Most notable is Coca-Cola-backed ultra-filtered milk brand Fairlife which, according to market research firm IRI, reported 10.5% dollar sales growth to $107.8 million for its flavored milk lines . The Modern Christmas Tree from Shark Tank Reviewed. by Justine Pringle | Nov 10, 2022 | Chocolate Types. It's fire, it's nutritious, and it's delicious., Slate Milk is my ultimate dream drink! This one was also very smooth but tasted a little thicker and richer than the regular chocolate milk. Analyzing the Now, Near and Next of consumer See So the next question we asked was, Why?. 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. . This food is safe for the keto diet. 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. 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. Some of the best gluten-free alternatives are Koia Cacao Bean Nutrition Drink, Slate Chocolate Milk, Rebbl Hazelnut . 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. 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