What is Slate Milk?
Slate Milk specializes in the creation and distribution of healthy, shelf-stable, high-protein, and lactose-free milk drinks, including popular options like chocolate milk and iced coffee. These products are available through both online channels and traditional retail stores, catering to a growing consumer demand for convenient and health-conscious beverage choices. The company's focus on functional ingredients and accessibility positions it within the competitive health and wellness beverage market.
How much funding has Slate Milk raised?
Slate Milk has raised a total of $38.5M across 3 funding rounds:
Angel/Seed
$5M
Series A
$10.5M
Series B
$23M
Angel/Seed (2021): $5M with participation from Drew Harrington, Peter Rahal, and Doug Bouton
Series A (2023): $10.5M led by Julian Aiken, Romello Crowell, Terance Mann Ventures, Lauren Gibbs, Duncan Robinsons, and Josh Dixon
Series B (2025): $23M supported by Foundership
Key Investors in Slate Milk
Foundership
Foundership is a venture operating system that partners with founders to help them start, scale, or exit their businesses, utilizing an AI-powered venture creation process and providing strategic support. They offer mentorship, resources, and access to a vast network of capital partners to transform ambitious founders' ideas into successful market leaders.
Terance Mann Ventures
Terance Mann Ventures focuses on providing various business services, with a team led by CEO Terance Mann and including business partners like Romello Crowell and Julian Aiken, likely targeting businesses seeking partnership and management services to optimize client experiences and analyze business performance.
Duncan Robinsons
Duncan Robinsons specializes in business development and coaching for entrepreneurs, focusing on scaling startups up to 2 million in revenue, offering motivational speaking, and consulting services for product offerings, lead generation, and sales automation to aspiring and established businesses.
What's next for Slate Milk?
The recent major strategic investment and the overall enterprise-level funding indicate a significant growth phase for Slate Milk. This capital infusion is likely to fuel expansion initiatives, potentially including scaling production capabilities, broadening distribution networks, and enhancing marketing efforts to reach a wider consumer base. The company's trajectory suggests a strategic focus on solidifying its market presence and further innovating its product line within the functional beverage sector.
See full Slate Milk company page
