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CoreCare: The Fintech Backbone for Long-Term Care
How a 31-person team is building the integrated workflow platform for a $400B industry.
While Silicon Valley chases the next AI distraction, CoreCare is quietly solving a critical infrastructure problem in one of the fastest-growing sectors: Long-Term Care. They aren't just processing payments; they are re-architecting the financial workflows of an industry drowning in legacy paper and administrative bloat.
"CoreCare isn't just a fintech wrapper; it's an operating system for a sector that has been historically ignored by modern software."
The Market Gap
The Long-Term Care (LTC) industry is projected to reach $1.7 trillion by 2030, yet it runs on spreadsheets, fax machines, and disjointed banking portals. CoreCare identified this friction point early. By integrating financial operations directly into the workflow, they reduce the administrative burden on facilities that are already operating on razor-thin margins. Their vertical focus allows them to build features generic fintechs like Stripe or Plaid simply cannot replicate.
The Tech Narrative
Despite the complex B2B nature of their product, CoreCare’s tech stack reveals a modern, frontend-heavy approach. Using Nuxt.js (Vue.js) and Tailwind CSS, they prioritize rapid iteration and a smooth user experience—critical for adoption by non-technical facility administrators. The use of Segment and Google Analytics suggests a data-driven culture, even at this early stage, allowing them to track user behavior meticulously as they scale.
The founding team is a balanced mix of operational and technical leadership. Dennis Antonelos (CEO) and Mehrdad Shafaie (COO) provide the business and operational rigor, while Ramon Jonge and Geoffrey Roguelon handle the engineering complexity. This structure is vital for a fintech product where trust and reliability are non-negotiable.
- Vertical SaaS Fintech: Deeply embedded in the LTC niche rather than horizontal breadth.
- Integrated Workflow: Moves beyond simple payment processing to manage the entire financial lifecycle.
- Lean Operations: Achieving $3.2M in revenue with just 31 employees indicates high efficiency and strong unit economics.
The Verdict: Infrastructure Wins
CoreCare is betting that the future of healthcare finance is vertical, integrated, and invisible.
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