What Happened to Slate Chocolate Milk after Shark Tank? Slate Chocolate Milk Shark Tank Update

What is Slate Chocolate Milk?

Slate Chocolate Milk is a company that produces low-sugar, high-protein chocolate milk drinks that are also lactose-free for health-conscious consumers.

The product comes in a can and is available in three flavors: chocolate, dark chocolate, and espresso.

Additionally, it does not need to be refrigerated to keep its shelf life. Co-founders Manny Lubin and Josh Belinski established the company in 2018.

Manny has a degree in Marketing and Communication from Northeastern University and has previous experience in the industry from co-founding another firm.

He currently works full-time as an executive at Slate Milk.

Josh is also a Northeastern University graduate who studied entrepreneurship and has prior experience in business development and account management. He also works as an executive at the company.

Who is the founder of Slate Chocolate Milk?

In 2018, Manny Lubin and Josh Belinski founded a firm together after meeting at Northeastern University.

Both being lactose intolerant, they aimed to create a lactose-free chocolate milk beverage that was more appealing than the ones they had as children.

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.

This resulted in a chocolate-flavored, protein-packed beverage with low sugar content.

The product is shelf stable and comes in stylish cans, they launched their business with two crowdfunding campaigns and the product is now available for pre-order on their website with three flavors, traditional, dark chocolate and mocha flip.

What Happened to Slate Chocolate Milk at Shark Tank pitch?

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.

They presented their firm and its exclusive ultrafiltration technology, and distributed samples of their chocolate milk for millennials.

However, the Sharks were not impressed with the flavor and the fact that the firm was in pre-sales, and as a result, they dropped out one by one. Ultimately, Josh and Manny left the pitch without securing a deal.

What Happened to Slate Chocolate Milk after Shark Tank?

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.

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 Martin’s, Hannaford, Bristol Farms, Central Market, and Publix.

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.

As of February 2022, the company is still in operation and has an annual revenue of $3 million.

Net Worth of Slate Chocolate Milk

The company valuation was $4 million during and after the pitch. Since then the company is still operational and hence the company net worth might have be higher than that of pitch.

Slate Chocolate Milk FAQs

What is Slate Chocolate Milk?

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.

Who is the founder?

Manny Lubin and Josh Belinski co-founded the firm in 2018. Manny earned a BA in Marketing and Communication from Northeastern University.

How much were they seeking on Shark Tank?

They were seeking for $400,000 for a 10% stake in the business.

Did they have the deal?

No, they did not have the deal.

Is Slate Chocolate Milk still in business?

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.

Is Slate Chocolate Milk easy to purchase?

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.

What is the breakdown of Slate Ingredients?

Ultrafiltration Technology removes fat, sugar, and lactose from milk. Then they add chocolate and monk fruit to sweeten it.

Where is Slate Chocolate Milk located?

Slate Chocolate Milk is located in Boston, Massachusetts.

Is it possible to buy a can of Slate chocolate milk on Amazon.com?

Customers can purchase all flavors on Amazon, but they are not available by subscription.

Which locations do Slate Chocolate Milk service?

They deliver across the United States and parts of Canada. Additional shipping charges may apply to items shipped to Canada, based on their location.

What is the cost of shipping?

Slate provides free shipping on all orders inside the United States.

How long does Slate Chocolate Milk take to ship?

Typically, standard items are delivered within 4-10 business days.

Is Slate Chocolate Milk delivered lukewarm?

Nope! While the milk is not need to be refrigerated, it is best served chilled. Sure know they say that frequently, but believe them.

Which payment methods does Slate Chocolate Milk accept?

Visa, MasterCard, American Express, Apple Pay, Amazon Pay, Venmo, and Google Pay are all accepted methods of payment.

Are there any special deals available of Slate Chocolate Milk?

Yes! Subscribing to their email is the best way to remain informed about all of their deals.

Why isn’t my promotional code working on Slate Chocolate Milk?

Discount coupons are not applicable to items that have already been discounted, such as Subscribe & Save orders! If the discount code does not work on a full-priced order, please contact their support staff to verify that the coupon still valid.

Why are aluminum cans used for Slate Chocolate Milk?

For the sake of the planet! According to The Aluminum Association, 75% of all aluminum manufactured has been recycled – so please recycle after chugging!

Where does Slate Chocolate Milk originate?

They obtain their milk from thirty family-owned dairy farms located throughout the United States. These farmers genuinely care about their livestock. As a result, they are completely compliant with the AWA (Animal Welfare Act) and conduct all of their operations in an ethical and professional manner.

What exactly is Allulose?

Allulose is a very uncommon low-calorie sugar that is present in figs, maple syrup, and other foods. Visit RxSugar’s website to learn more about Allulose and our partner.

What is a Net Carbohydrate?

The term “net carbs” refers to the amount of carbohydrates ingested by the body.

How it that Slate Chocolate Milk is contains no additional sugar?

Using a method called ultrafiltration; they naturally filter out the natural sugars (lactose) in the milk.

Is Slate Chocolate Milk a kosher material?

Yes! Slate Chocolate Milk is certified kosher.

Is Slate Chocolate Milk a gluten-free product?

Yes! Slate Chocolate Milk is completely gluten-free.

Is Slate Chocolate Milk a nut-free product?

Yes! Slate Chocolate Milk is nut-free and is produced in a nut-f

What is the net worth of Manny Lubin?

The net worth of Manny Lubin is not available.

What is the net worth of Josh Belinski?

The net worth of Josh Belinski is not available.