Curative's Journey to a $5B Revenue Startup

20VC · rss · 2026-07-18

Curative founder Fred Turner shares the company's extreme scaling story from zero: the COVID testing business grew from 0 to $5 billion in revenue in 90 days, the team expanded from 7 to 7,000 people, peaking at 206,000 tests completed in a single day, and securing hundreds of millions in contracts with major states.

The discussion shifts to Curative's current transformation: the company is now a unicorn health insurance provider competing with traditional agencies, while also leveraging AI to restructure internal processes. The episode touches on some radical predictions, such as which departments might be reduced to zero, whether SaaS is dead, how Curative slashed software spending by 80%, and whether AI will shrink company sizes and which jobs will remain.

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