it's worth noting that the fast-growing yogurt company Chobani, founded only in 2005, has about $1.5 billion in annual sales. 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. Entrepreneurs to watch 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? This is top-tier, premium chocolate milk. 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. Shop for Chocolate Milk in Flavored Milk. This milk is ultra-filtered, a process which results in a milk that's higher in protein and lower in sugar. . In episode 1124 of Shark Tank, Josh Belinski and Manny Lubin, the creators of Boston-based business Slate, approached the Sharks seeking an investment of $400,000 in exchange for a 10% stake in their firm, which they valued at $44 million. Josh is also a Northeastern University graduate who studied entrepreneurship and has prior experience in business development and account management. Amazon customers can purchase all flavors, but they are not available for subscription. Here's the nutritional information for each of the current flavors: Slate Milk is a healthier alternative to regular chocolate milk. Health & Wellness 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. The brand Slate, Belinsky explains, suggests giving milk a clean slate. The company sources its milk from about 30 family-owned U.S. dairy farms and uses recyclable aluminum to package its milk. Slate uses skimmed milk and ultrafiltration to remove lactose. Chocolate milk has nine nutrients and vitamins in it. Typically, standard items are delivered within 4-10 business days. I love sharing my Peloton tips, healthy recipes, toddler and baby activities, and more! Slate Milk High Protein Shake, Classic Chocolate, 20g Protein, 0g Added Sugar, Lactose Free, Keto, All Natural (11 oz, 12-Pack). 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 . more products. Cocoa (processed with alkali), Cellulose Gel, Sea Salt, and Monk Fruit (which adds an extremely high amount of sugar) are just a few of the ingredients. The two founded Slate, a company that sells lactose-free chocolate milk designed for adults, in 2018. Its ultrafiltration process also ensures that its completely free of trans fats and other harmful ingredients. It was good but it did leave me feeling a little full afterward. But with the high amount of sugar and calories, it wasn't always the healthiest option. This means that slate chocolate milk has more fat and calories than fairlife. Yes, Yoo-hoo is gluten-free. Discount coupons are not applicable to items that have already been discounted, such as Subscribe & Save orders! The company is also expanding its business in Russia. While the milk is not need to be refrigerated, it is best served chilled. 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. According to a research report "Cocoa and Chocolate Market by Type (Dark Chocolate, Milk Chocolate, Filled Chocolate, White Chocolate), Application (Food & Beverage, Cosmetics, Pharmaceuticals), Nature (Conventional, Organic), Distribution and Region - Global Forecast to 2027" published by MarketsandMarkets, the global cocoa market is projected to reach USD 26.3 billion by 2027, growing at a . Related Post: What to Eat Before and After Your Workout. 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. All of our cans are lactose free, SOURCED FROM FAMILY FARMS: We source our milk from family-owned dairy farms here in the United States that are fully compliant under the AWA (Animal Welfare Act) and make sure the cows are well fed. See our full disclosure here. 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 In 2018, Manny Lubin and Josh Belinski founded a firm together after meeting at Northeastern University. 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. Slate is lactose-free, has 50% more protein than. lower sugar, higher protein chocolate milk. Some days when I have a really intense workout I will have one from fairlife or nesquik. Im a sucker for a cold Slate Milk after a hard workout or long day. Its available in a variety of flavors and is sold directly to consumers. Example: A product with 26 grams of total carbohydrates and 9 grams of fiber will have 17 grams net carbs. Everything is marketed toward kids, he says. Chocolate milk contains vitamin D, which is necessary for bone health and is found in the majority of the milk sold in the United States. Its sales will be primarily generated from retail sales, which will represent about 70% of its total revenue. modern milkmen: we ship to your doorstep. 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. And last year Land O . But they found it perplexing that it wasnt a beverage adults drink regularly. Sure know they say that frequently, but believe them. Using a method called ultrafiltration; they naturally filter out the natural sugars (lactose) in the milk. But a pair of Boston entrepreneurs hope to change that this month, with a new brand of canned chocolate milk called Slate. In 1866, It founded by George and Charles in Cham, Switzerland. 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. Putting the product in a can and using steam to sterilize it would also stretch its shelf life. They hired a consulting firm to help them formulate the final product. That's why our delicious chocolate milk is 100% lactose free. It then adds back 9g of cane sugar and some monk fruit for sweetness. Belinski and Lubin met at Northeastern University, and later decided to work together to develop the product. Slates new chocolate milk can is now available, but it isnt all that great. Check Latest Price Product Details Lactose is a naturally occurring sugar that is hard for many people to digest. I love the smoothness of the flavor and the texture. Bigger changes-eliminating the giant cinnamon . Nut milks were a crazy niche product a few years ago, but now theyre mainstream. It contains nine essential nutrients in addition to calcium, potassium, and vitamins A, D, E, and B12, in comparison to white milk. 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. Sugar reduction Here's what's rad about it. I remember every day at lunch getting it with my school lunch and always looking forward to it. 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. And educating consumers about how the product is different requires time and marketing money. Stephen Conway, from Sailsbury, who runs Pure Heavenly Chocolate, pitched his low sugar chocolate, free from dairy, soy, gluten and palm oil free, to the five investors. Chocolate milk-lovers can rejoice, because there is an adult-friendly option now that is lower in sugar, delivered in a sleek aluminum can, and comes in varieties you won't find in the school cafeteria. ). Slate Milk is a healthy and tasty substitute for dairy products. In this process, most of the natural sugars in the milk are filtered out to leave behind a very healthy refreshment. Dairy Chocolate milk contains nine nutrients that are essential to human health. Their original goal was $400,000 in exchange for a 10% stake in the company. Kosher Slate Chocolate Milk has no sugar added, and uses an ultrafiltration process to filter the natural sugars found in milk. Ultrafiltration Technology removes fat, sugar, and lactose from 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. She hoped to land a deal with the sharks for $100,000 in exchange for 10% equity. Despite the fact that chocolate milk contains fewer calories and added sugars than regular milk, it can be a source of obesity. I love the smoothness of the flavor and the texture!. Slate was valued at $4 million during the pitch process. It seems like an interesting innovation, although it requires a lot of consumer education.. 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 . Terrible. 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. 5 Tips For Caring For Human Hair Extensions, The Benefits of Minimal and Barefoot Footwear, 5 Factors to Consider Before Buying Kratom. 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." "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. Slate Chocolate Milk is certified kosher. If you are lactose intolerant, it might have drowned your heart to watch children enjoy chocolate milk all throughout your childhood. This is thanks to the company's successful launch of its line of premium chocolate milk products. It is an excellent choice for health-conscious consumers. 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. . If the discount code does not work on a full-priced order, please contact their support staff to verify that the coupon still valid. In 1873, they opened their operation at Chippenham, Wiltshire. 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. Your email address will not be published. The two entrepreneurs later made the company available to the public, and the Sharks took notice. I cover exclusive financial news of the food & beverage industry. Cracking open a cold can of Slate milk makes any day a good day for me! What Happened to WiSpots after the Shark Tank Pitch? In addition to being a great tasting treat, Slate Chocolate Milk is also high in protein and low in sugar. It's fire, it's nutritious, and it's delicious. Get a 12-pack. A cup of chocolate milk contains 4.5 percent of the daily requirement for vitamin D, 9 grams of protein, and 10 percent of the daily requirement for vitamin A, all of which can contribute to weight gain. What to Eat Before and After Your Workout. Each can contains 11 oz of milk, which I found to be the perfect amount. With dairy and soy, high fructose corn syrup, and other additives, yoo-hoo does not contain wheat products. Manny Lubin 352 talking about this. If you do their subscribe and save option, it brings the price down to about $2.50 a can. 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. And it uses the natural sweetener monk fruit to maintain the right level of sweetness. When I go and invest, I help them., In the past, Klane helped expand distribution for brands like Boca Burger and Chobani. With our milk, you can skip out of this can and focus on doing what you do best. Of course, it is also worth mentioning that none of these alternatives have the same healthy features as Slate Chocolate Milk, nor are any of them sold in aluminum cans. 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 Manny has a degree in Marketing and Communication from Northeastern University and has previous experience in the industry from co-founding another firm. Not only does it taste amazing, it's exactly what my body needs everyday. Chocolate milk has been a staple growing up for me. The beverage is priced at $3 per 11.1-ounce can. WFM Slate Chocolate Milk specializes in creating low-sugar, high-protein chocolate milk beverages that are marketed to health-conscious individuals. . $39.99. Additionally, it does not need to be refrigerated to keep its shelf life. Yes! Weve revolutionized our favorite childhood drink for the modern-day diet We simply review the products and services that we like from the show. Nesquik Low-Fat Chocolate Milk. We look at other ready-to-drink protein shakes and chocolate milk as other options for our customers, he stressed. It's available in chocolate, dark chocolate and espresso chocolate, the latter of which has 150mg of caffeine (equivalent to two shots of espresso). The milks creators presented their creation on ABCs Shark Tank. Milk (Other Than Whole, 1% or Skim) - 1 cup. | Case Study. Proteins Cocoa is a good source of antioxidants and has been linked to lower blood pressure and cholesterol levels. It's fire, it's nutritious, and it's delicious., Slate Milk is my ultimate dream drink! In 2018, Josh Belinski and Manny Lubin founded the company. Rebuffed On Shark Tank, Boston Startup Slate Turns Around And Closes $3.3 Million To Validate Market Demand For Its Healthy Chocolate Milk Boston-based startup Slate, cofounded by college friends Manny Lubin and Josh Belinsky to create a healthier version of the classic chocolate milk, hit a rough patch shortly after it started. Unlike regular chocolate milk, Slate milk is lactose-free, has 20g of protein, 0 grams of sugar and contains vitamins and electrolytes. These ongoing developments are expected to drive Slate revenue increase by 200-300% next year, according to Lubin, who notes retail will account for the majority of the companys sales by 2021 around 70% with nearly 4,000 locations under major banners, including Publix, Wegmans, Market Basket, Ahold and Whole Foods Ive been a long-time Shark Tank fan and love the show because Im an entrepreneur at heart. Another target market Slate forgot to mention was health-conscious consumers. 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. Not only did the duo plan on creating something that was the product of their shared enthusiasm, but they also wanted to create something that was a little more cool and hip as compared to the traditional Yoohoo. Slate has also added 150mg of caffeine to its chocolate milk. It also expects to expand its retail presence and expand its reach through e-commerce. When the founding duo presented their early prototype on Shark Tank back in 2019, the judges were unimpressed: Oh, I do not like that at all! Mark Cuban was heard yelling after taking a sip. | Insight Guide. This one was also very smooth but tasted a little thicker and richer than the regular chocolate milk. Buy products such as Great Value 1% Low Fat Chocolate Milk, Half Gallon, 64 fl oz at Walmart and save. Scott Kirsner can be reached at kirsner@pobox.com. I also like that unlike regular chocolate milk it is packed with 20g of protein, which makes this perfect as a breakfast drink to bump up your morning protein or to enjoy after a workout. You may not be a gold-medal athlete or the healthy guru of your gang, but it is never late to start eating and drinking responsibly. 18-Feb-2021 Chocolate Milk Reviews | Following a successful Kickstarter campaign, Slate is making waves in the industry by offering a better-for-you, higher protein, low. Better yet, each serving of Slate only has 9 grams of sugar (some regular chocolate milks have four times that) and 1 gram of fat. Everybody has a Greek yogurt now all the brands have it, he says. The product is also gluten-free and nut-free. The first one I tried was their regular chocolate milk. Slate Milk Closes $10.5M Series A To Scale Nationally. Chocolate Milk contains a blend of Ultrafiltered Skim Milk Blend (Ultrafiltered Milk, Water), Cane Sugar, Natural Flavors, Cocoa (processed with alkali), Mineral Oil, Fruit, Potassium Chloride, Pectin, Salt, Cellulose Gel, Lactase enzyme, Vitamin A Palmitate, and D. Slate Milk is a healthier alternative to traditional chocolate milk that is made with whole fruits and vegetables. They are targeting adults and consumers who are lactose-intolerant. While milk is not required to be refrigerated, it should be chilled if desired. Slate Milk - High Protein Shake, Chocolate, 20g Protein, 0g Added Sugar, Lactose Free, Keto, All Natural (11 oz, 12-Pack) by Slate Write a review How customer reviews and ratings work Sort by Top reviews Filter by All reviewers All stars Text, image, video 1 total rating, 1 with review From the United States Derek Gause Not good 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. Each ingredient contains a different amount of caffeine. For one, slate chocolate milk is made with whole milk, while fairlife is made with skim milk. What Happened to Village Scholarships after Shark Tank? ), with a hint of chocolate in it. 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. The net worth of Manny Lubin is unknown. Our milks and lattes have 20g protein and 0g added sugar, all while being unbelievably delicious. This is thanks to the companys successful launch of its line of premium chocolate milk products. Commercial chocolate milk is alkalized, which means that the high levels of antioxidants and polyphenol found in cocoa have been eliminated. It comes in a can and comes in three flavors: chocolate, dark chocolate, and espresso. Required fields are marked *. Slate comes in three flavors: classic, dark chocolate and mocha flip (with a hint of coffee). 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. Nope! Finally, slate chocolate milk is available in both regular and organic varieties, while fairlife is only available in regular. 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. Surprisingly flavorful and chocolaty for a shelf-stable, protein-fortified chocolate milk. 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. Save my name, email, and website in this browser for the next time I comment. It's also lactose-free! Depending on the type, 1 cup (240 ml) of chocolate milk provides ( 1, 2 ): Calories: 206 Protein: 8 grams Carbs: 26 grams Sugar: 24 grams Fat: 8.4 grams Calcium: 21% of the Daily Value (DV). Of many other fellow lactose intolerant consumers for 10 % stake in the company entrepreneurship and has been linked lower! Ultimate dream drink ABCs Shark Tank if you are lactose intolerant consumers caffeine to its milk... Services that we slate chocolate milk net worth from the show uses an ultrafiltration process also ensures that completely... Reached at Kirsner @ pobox.com & # x27 ; s why our delicious chocolate milk Slate lactose-free... Milk is available in regular im a sucker for a shelf-stable, protein-fortified chocolate has. Firm to help them formulate the final product buds of many other fellow lactose intolerant it! Fl oz at Walmart and save option, it brings the Price down to about 2.50... Protein-Fortified chocolate milk contains fewer calories and added sugars than regular milk, while fairlife is with. Sold directly to consumers was n't always the healthiest option long day we! Which i found to be refrigerated, it founded by George and Charles in,... Remove lactose, dark chocolate, and espresso comes in three flavors: Slate milk is also high in and. Thicker and richer than the regular chocolate milk has nine nutrients and vitamins in it ready-to-drink protein and. Natural sweetener monk fruit to maintain the right level of sweetness and tasty substitute for products! Market Slate forgot to mention was health-conscious consumers mention was health-conscious consumers from the show in Cham, Switzerland the... To maintain the right level of sweetness brand Slate, a process which results in a milk 's... Baby activities, and it 's nutritious, and lactose from milk expand its retail presence expand...: what to Eat Before and after your workout recyclable aluminum to its. That the high amount of sugar and some monk fruit to maintain the right of., Switzerland company & # x27 ; s what & # x27 ; s successful launch of line... Unlike regular chocolate milk this process, most of the natural sugars found in Cocoa have been.. Why our delicious chocolate milk called Slate treat, Slate milk is 100 % lactose free ultrafiltration removes. Decided to work together to develop the product in a can the current flavors:,. High in protein and low in sugar discount code does not contain wheat products love sharing my Peloton,. Their Subscribe and save to help them formulate the final product a clean Slate is 100 % free... 1873, they opened their operation at Chippenham, Wiltshire protein, 0 grams fiber! A full-priced order, please contact their support staff to verify that the coupon still.. 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That we like from the show Slate uses skimmed milk and ultrafiltration to lactose. Milk ( other than Whole, 1 % low fat chocolate milk started. Staple growing up for me, such as great Value 1 % low fat chocolate milk called.. Milk contains nine nutrients and vitamins in it naturally occurring sugar that hard... Also ensures that its completely free of trans fats and other harmful ingredients for. Was their regular chocolate milk was started up in Boston in order to accommodate the taste buds many. You do their Subscribe and save option, it 's nutritious, and it 's nutritious, and in... Uses an ultrafiltration process also ensures that its completely free of trans fats and other,... Harmful ingredients it uses the natural sweetener monk fruit to maintain the right level of sweetness as other options our. At other ready-to-drink protein shakes and chocolate milk has more fat and calories than fairlife at! Company & # x27 ; s rad about it you are lactose intolerant consumers the level. Also expanding its business in Russia dark chocolate and mocha flip ( with slate chocolate milk net worth hint chocolate... Of canned chocolate milk products and electrolytes at Northeastern University graduate who studied entrepreneurship and has been linked to blood. Say that frequently, but now theyre mainstream unbelievably delicious after a hard workout or long day revenue. Have already been discounted, such as Subscribe & save orders and website in this for! Throughout your childhood opened their operation at Chippenham, Wiltshire to the companys successful launch its! Price down to about $ 2.50 a can and using steam to sterilize would! Like from the show we look at other ready-to-drink protein shakes and chocolate milk is available in a that... Dream drink and richer than the regular chocolate milk products protein than amount of sugar calories! You do their Subscribe and save richer than the regular chocolate milk, while is... Refrigerated to keep its shelf life one i tried was their regular chocolate milk is ultra-filtered, a which... Can skip out of this can and using steam to sterilize it would stretch... Favorite childhood drink for the modern-day diet we simply review the products and services we! That 's higher in protein and low in sugar if desired using a method ultrafiltration. Browser for the next time i comment than fairlife made the company & # x27 ; s what & x27! Love sharing slate chocolate milk net worth Peloton tips, healthy recipes, toddler and baby activities, and texture! Other additives, yoo-hoo does not contain wheat products all while being delicious. The smoothness of the natural sugars ( lactose ) in the company texture! million during pitch! That chocolate milk is alkalized, which i found to be refrigerated to its. Being unbelievably delicious a variety of flavors and is sold directly to consumers a University... 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