Slate chocolate milk, nutritious chocolate milk alternative, was started by Manny Lubin and Josh Belinsky in 2019. As of August 2023, Slate chocolate milk net worth is $6.5 Million and they’re pulling in a whopping $12.7 Million in annual revenue.
In May 2020, they appeared on Season 11 of Shark Tank USA seeking $400,000 for 10% equity valuing the company at $4 Million. Sharks were not impressed with the flavor. Therefore sharks left the pitch without accepting any deal.
In August 2023, Slate chocolate milk is still in business. You can purchase their products from their company website and other e – commerce channels.
Slate chocolate milk Net Worth
|Net worth||$6.5 Million|
|Annual Sales Revenue||$12.7 Million|
|Lifetime Sales||Not available|
|Shark Tank Investor||No deal|
|Founder||Manny Lubin and Josh Belinsky|
|Employees||About 46 employees|
Slate chocolate milk Net Worth Timeline
|Net Worth 2023||$6.5 Million|
|Net Worth 2022||$6.3 Million|
|Net Worth 2021||$6 Million|
|Net worth valuation 2020 after appearing on Shark Tank||$4 Million|
|Net worth valuation 2020 before appearing on Shark Tank||$4 Million|
Slate chocolate milk Pitch on Shark Tank
|Company name||Slate chocolate milk|
|Product||Nutritious chocolate milk alternative|
|Episode||Season 11 Episode 23|
|Founders||Manny Lubin and Josh Belinsky|
|Asked for||$400,000 for 10% equity|
|Final deal||No deal|
|Location||Strasser Ave, Westwood, Massachusetts, United States.|
Slate chocolate milk Founders
Manny Lubin and Josh Belinsky founded Slate chocolate milk in 2019. Manny and Josh, both are lactose intolerant. Therefore they wanted to create lactose free chocolate milk beverages. As a result of that, they found Slate chocolate milk by filtering fat, sugar and lactose from milk and adding chocolate for its sweetness. Slate chocolate milk’s founders, Manny Lubin and Josh Belinsky, have a net worth of 12 Million USD as of 2023.
|2020||Appeared on Shark Tank season 11 episode 23.|
|2021||Featured on Forbes.|
Slate growing 300% in sales from 2020 to 2021.
From their beginnings on Shark Tank to their current status as a thriving business. And they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Slate chocolate milk and its continued success.