Slate Shark Tank Update

Slate Shark Tank Pitch

Manny Lubin and Josh Belinsky appeared on Shark Tank Season 11, Episode 23, which aired on May 13, 2020, with low sugar, lactose-free, protein-rich chocolate milk.

Slate is listed in the Food Beverage category. In plain terms, the business is described as low sugar, lactose-free, protein-rich chocolate milk.

Slate asked the Sharks for $400,000 for 10%, implying a valuation of about $4 million.

The source data lists no completed on-air deal for Slate.

This pitch is included as context for the more important question: what happened after Shark Tank.

Slate After Shark Tank

Slate left Shark Tank without a deal, then built the brand through external funding and retail distribution instead. The no-deal outcome is important because the Sharks were skeptical, but the company kept going. (Slate Shark Tank update

In February 2021, Slate raised $1.7 million in seed funding to increase distribution to more than 3,000 stores. Follow-up reporting listed retailers including Roche Bros., Harris Teeter, Whole Foods, and independent grocers. (Slate funding update

SlateMilk.com is active and sells high-protein milk shakes, lattes, variety packs, and related products. This is one of Season 11's clearer no-deal CPG wins. (Slate official site

Sources

Sources used for this page: Shark Tank API pitches