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Capital Teas

Capital Teas is a fast-growing, well-led company in a hot U.S. growth market. It is rapidly scaling storefronts, web sales and B-to-B sales.

  • Stage $1M in TTM Revenue
  • Industry Consumer Products
  • Location Annapolis, MD, USA
  • Currency USD
  • Founded June 2007
  • Employees 35
  • Website

Company Summary

Capital Teas is a fast-growing specialty retailer of loose teas and tea-related merchandise. Trailing 12-month revenues exceed $1.0 M and the company has a compounded growth rate of 230% per year since 2009; margins are 65%. It owns and operates 5 retail stores in Maryland and D.C.; a 6th will open in No. Virginia soon. The company also has an emerging wholesale presence at hotels, restaurants, and businesses, and a rapidly scaling web-store.


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    Peter Martino

    Peter Martino, the company’s CEO, is a graduate of the U.S. Naval Academy and Georgetown Law, a former nuclear submarine office, an attorney, and a successful serial entrepreneur who sold his first company, a financial software firm, to a French public company.

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    Manelle Martino

    Manelle Martino, the company’s COO, is a graduate of Columbia University, a former student of opera at the Julliard School, a former advertising and media sales representative for companies such as DoubleClick, the mother of four children, and is fluent in four languages.

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    Ed Straw
    Board Member

    Vice Admiral Straw, USN (Ret.) is an active Board Member of the company, and is an expert on supply chain and retail management. He is the former President of Global Operations for Estée Lauder.