Capital Teas

Capital Teas Founder Details Reorganization

ANNAPOLIS, MD Malls were once paved with gold for tea merchants who reported average annual sales as high as $1,000 per square foot of retail space in the U.S. and Canada. In 2015 Capital Teas, a successful retail chain based in Annapolis, Maryland, decided to dramatically increase its physical store presence throughout the eastern...

Capital Teas Enters Wholesale Arena

Capital Teas, founded in 2007 by Peter and Manelle Martino, has announced its entry into the wholesale tea market. This chain of eight stores has been adding to its retail presence over the past seven years, with a plan to open four new shops in 2014. In March they secured $5 million in private...

Capital Teas

Capital Teas Attracts $5.0 Million in Series A Funding for Expansion

March 26, 2014- ANNAPOLIS, MD–(BUSINESS WIRE)–Capital Teas, Inc., a leading American specialty tea company, today announced it has raised $5.0 million in a Series A funding round through its new investor partner, Pear Tree Partners, LP.  Co-founders Peter and Manelle Martino will retain control of the company. This financing will be used to expand Capital...

Capital Teas

Capital Teas: Five Generations

WASHINGTON, D.C. Capital Teas operates five shops near Washington, D.C. with a heritage that spans five generations in the specialty tea trade. Co-founder Manelle Martino, COO and president of Capital Teas, is the great-great granddaughter of Francis Van Reyk, a pioneering Dutch tea planter in Ceylon (now Sri Lanka). She and her husband, CEO...