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Market research firm IBISWorld estimates 8% of the nearly 4,000 dating services nationwide, including online apps, matchmakers and singles events planners, are based in New York state.No longer do people rely solely on their social circles to find mates.Add in socializing with friends most nights, and it all leaves her very little time for working the little black book.Today, 15% of American adults utilize online dating, which, along with mobile, generates the majority of the industry’s .4 billion in revenue.
“I wasn’t happy with the kind of girls who responded to me.” Adams found Pompey, whose office is near the Empire State Building, by Googling for an online dating profile-writing service.
“When Lauren and I started the Dating Ring, we didn’t just have one problem with the dating industry, we had many,” said Tessler.
“A big one was how much time online dating took—the equivalent of a part-time job.” The Dating Ring, which graduated from Y Combinator’s 2014 incubator class and has raised a small amount of funding (under 0,000), provides its clients with the option of filling out an online essay about themselves or taking part in a 15-minute interview with a matchmaker.
Since 2013, online dating usage has nearly tripled among Americans 18 to 24 years old, according to the Pew Research Center, accounting for more than 20% of all Americans in this age bracket.
The problem is, online dating isn’t often a quick solution.