A Letter from our CEO on Curative’s $150M Series B Fundraise

Healthcare only works when people can actually use it. That simple idea has guided us from the start, and it’s why I’m excited to share that Curative has raised a $150 million Series B round with a valuation of $1.275 billion—backed by an exceptional group of investors who believe deeply in the health insurance model we’ve built and the future we’re creating.

Getting insurance back to the basics

For decades, the industry has operated under a core assumption: cost-sharing is necessary to control healthcare spending. But the data tell a different story. When people avoid care due to cost, small issues become big ones, and the entire system pays for that delay.

Curative takes a different approach by removing the financial barriers that keep members from engaging in care early. When care is accessible from day one, members take action sooner. Issues are caught before they escalate. Chronic conditions stabilize. Over time, this leads to a healthier population and a lower, more stable cost trend.

The early results of our model continue to validate the strategy: primary care engagement has grown 20%, hospitalizations have declined by 30%, and drug costs have dropped up to 40% within the first year for new groups. When incentives are aligned, health outcomes improve.

Employer demand for innovation 

The pressures on employers aren't slowing down; they're intensifying. From rising medical costs to a widening care gap, the current employer insurance model no longer serves today’s workforce. From every angle, the current system isn't meeting the demand.

Curative is proving every day that a different model is possible. Employers, brokers, and providers are moving to Curative because the demand for simplicity, predictability, and real impact is accelerating. 

With 165,000 members, 1,200 employers, and achieving profitability in under three years, the trajectory speaks for itself: when healthcare actually works, people choose it.

The market is ready for change, and this funding positions us to meet that moment.

Scaling Curative for maximum impact

This funding enables us to expand our model to more employers and members across the country, with near-term expansion focused on the Mid-Atlantic. It also allows us to deepen the aspects of the plan that make early engagement work at scale—stronger member guidance, more AI-driven operational support, and continued evolution of our network and payment capabilities. The goal is simple: make accessing care easier, faster, and more predictable, wherever our members are.

The opportunity before us is enormous, and our team is ready to move the needle toward making this approach the norm, not the exception. 

To our team, partners, members, and investors who continue to back this mission: thank you. This is an exciting step forward for Curative and for the future of healthcare.

Crack on,

Fred Turner

CEO and Co-Founder