(: The K question; How to buy an engagement ring) The startup is yet to monetize the product, which is activated via a Facebook login.
Mr Rad told CNBC users should expect monetization figures to be introduced this year.
Choosing the right person to spend the rest of your life with is one of the most important decisions you can make, and with so many fish in the sea, more singles are heading online to find their soul mate.
According to Match.com's latest Singles in America study released earlier this month, more singles are meeting prospective partners through the internet than through more traditional means.
But Molloy was quick to point out that once a couple had agreed to meet, this meeting was no ordinary date.
"Expectations are higher – people will travel to get what they want." The most expensive membership package covers a global service across all of its offices, psychological profiles and a dedicated service from Molloy herself.
"It's more of a personal relationship concierge," she said.
"Even in the last decade, so many more people meet other people online for the purpose of dating," said New York attorney Jonathan Hood, who has written extensively on internet fraud. Of course, the best way to tell if the person you are dealing with is real is to meet in person. "If they say, 'I'm not ready to meet you in person,' or 'I want to continue just chatting online,' that could be trouble," Hood said.
"It just makes it so much easier for people to connect without ever meeting in person, and sort of as a result, never really verifying that the other person is who they say they are." In the latest twist, reported on the next episode of CNBC's "American Greed," con artists are exploiting Americans' respect for the military. Moving your relationship from virtual to real is a big step. If you are not yet comfortable meeting your new friend in person, Hood says to at least try to move away from the confines of the dating site by getting their email address or connecting on Facebook. "If you start getting, 'I'm not sure that I'm comfortable with that yet,' it doesn't mean that they're a scammer, but in my mind it would raise some red flags," Hood said.
The internet has revolutionized the world of dating, but it is also a new breeding ground for scams. One way to check is to do a reverse image search on Google. It will allow you to either upload the profile photo or paste it directly from the web site.