Eharmony is a dating app which is a go to destination for marriage minded people for serious commitment. This 2000 based dating app is headquartered in Los Angeles, California.
It was founded by Neil Warren with a 3 million dollar investment by Fayez Sarofim & Co. and individual investors. It had been profitable since 2004 when it crossed the gross revenue of 1 billion dollars.
Till 2009, eharmony had been in profitable situation and its profit reached upto 250 billion dollars. In 2012 membership rates, retention and subscription rates decreased on the website.
Warren closed the unprofitable international affairs, switched its advertisers and changed its board members. It reduced to help the losses upto the extent.
There are more than 10 million current subscribers of website.This company has claimed that in every 14 minutes a new love connection is created on its website.
In 2013, eharmony had the most successful application in creating the matches on its website and was responsible for 4% of marriages in the US.
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