Why did Vicis fail?

Insiders say the company put too much focus on grabbing market share from incumbents such as Riddell and Schutt, rather than turning a profit. The troubles came as a surprise to some shareholders. Vicis was unable to raise more cash before shutting down the company and laying off more than 100 employees in December.

Why did Vicis go out of business?

Vicis struggled to turn a profit, and by November 2019, the company was pleading with investors for more capital. The funding didn't come. Co-founder and CEO Dave Marver resigned, and a month later, Vicis' board voted to place the company into receivership in an effort to avoid bankruptcy.

What happened to Vicis helmets?

Vicis will maintain a Seattle presence, two years after the helmet maker went through a major and sudden downfall in 2019. Vicis is now owned by Certor Sports, a company that operates multiple sporting goods brands formed last year by New York City-based Innovatus Capital Partners.

Does Schutt own Vicis?

By Andrew Cohen April 13, 2020. The remaining assets of football helmet manufacturer VICIS have been acquired by Innovatus Capital Partners for $2.85 million, according to GeekWire. Last October, Innovatus made an $18 million investment in Schutt, a leading helmet manufacturer and rival to VICIS.

Is Vicis the best football helmet?

The VICIS ZERO2 line of helmets have been top-ranked and have outperformed all other helmets in the 2021 NFL and NFLPA Laboratory Performance Testing. Laboratory tests are intended to represent impacts common in play, although results may not necessarily represent all conditions or on field performance.

Changing the world: why it fails and what works. | Winnifred Louis | TEDxUQ

What NFL players use VICIS?

It raised more than $85 million over five years from more than 400 investors such as current and former NFL players Aaron Rodgers, Russell Wilson, Doug Baldwin, Alex Smith, Roger Staubach, and Jerry Rice.

Is SpeedFlex better than F7?

Testing: In both the Virginia Tech Helmet Study and the NFLPA's Helmet Laboratory Test, the Schutt F7 outperformed the Riddell SpeedFlex. The F7 was the second highest rated helmet in Virginia Tech's study, scoring 2.54. Only three helmets (Vicis Zero 1, Xenith X2E+) broke 3 on the test.

Do any NFL players wear Vicis helmets?

Patrick Mahomes has become one of the first players to wear the Vicis Zero2 this season. Vicis went through a financial rough patch but now they are back and better than ever. Their brand new 2021 helmet, the Vicis Zero2, is now the highest graded helmet of all time on the Virginia Tech Helmet safety rating scale.

Is Vicis done?

After a sudden downfall last year that left high-tech football helmet maker Vicis out of cash and no longer in business, a New York City investment firm has purchased the assets of the failed Seattle startup out of receivership, with plans to form a new company.

What helmet does Byron Pringle wear?

Vicis | Worn by 3% of NFL Starting Wide Receivers

This season only 3 starting WRs wore Vicis football helmets – Brandin Cooks, Byron Pringle and Chris Conley. Cooks and Conley were in the Vicis Zero1 and Pringle rocked the Zero2 model.

Is Schutt going out of business?

On December 18, 2020, Kranos Corporation, which had done business as Schutt Sports, filed for Chapter 7 liquidation.

What helmet does Russell Wilson use?

The Vicis Zero1, Russell Wilson's helmet, is one of the top ranked helmets on the Virgina Tech helmet rating scale. The helmet scored a perfect 5/5 and is one of the most innovative helmets on the market.

What helmet does Mahomes wear?

Mahomes is known for wearing his trusty Vicis 01 helmet.

What does Vicis stand for?

Changes and Vicissitude

Vicissitude is a descendant of the Latin noun vicis, meaning "change" or "alternation," and it has been a part of the English language since the 16th century.

How much is a Vicis helmet?

The retail price for individual helmets is $495. VICIS has team, club program, and league pricing available for orders. The Vicis ZERO1 Youth performed better than all other helmets and received a 5-Star rating from Virgina Tech Helmet Ratings.

Where are Vicis helmets made?

The helmet, manufactured at a facility in Seattle, was the result of more than three years of research and development. Browd, medical director of Seattle Children's Hospital Sports Concussion Program, helped get Vicis off the ground after seeing too many young athletes affected by concussions.

What helmet does Aaron Rodgers wear?

Aaron Rodger's is an old-school guy. He wears the Schutt Air XP Q11 helmet which combines the classic Air XP shell with the most up to date padding. The Schutt Air XP Q11 usually comes with the HSS (Helmet Stabilization System) but A-Rod has the equipment staff remove it to complete his old-school look.

What is the most used helmet in the NFL?

The Riddell Speedflex has been the most recognizable and most popular helmet in the game since its' debut in 2014. The helmet is so impressive that 3 different versions are on this NFL list. For all 3 Speedflex models, the shell and overall helmet structure remains the same.

What helmet does tyreek Hill wear?

Tyreek Hill seems to center all his gear around the idea of staying light-weight and fast. His helmet, the Schutt F7 weighs just over 4 pounds, his gloves, Gripboosts, are nearly paper thin, and his cleats, the Adizero X, is the lightest cleat retailed to the public.

What helmet does Lamar Jackson use?

Lamar Jackson wears a gloss black Riddell SpeedFlex Helmet with a black SF-2EG-SW Facemask.

What helmet does OBJ wear?

OBJ has favored the Riddell Speed helmets for most of his career. He was seen in one at LSU, to the Giants, and now with the Browns. This year, his facemask is a CU-S2BD-SW, similar to the S2BD he wore in college.

What helmet does Travis Kelce wear?

After wearing his Schutt Air XP for 8 seasons, Travis Kelce has upgraded to the Schutt F7. The Schutt F7 is one of the best helmets in the game scoring a perfect 5/5 on the Virginia Tech Helmet Rating scale. The helmet is also super light and features Schutt's “Tektonic Plates”.

What is the heaviest football helmet?

Carbon's Diamond technology has tested incredibly well during its very short lifetime; all the perks of the original SpeedFlex with even further improved technology! Cons – The SpeedFlex Diamond is heavy, heavy, heavy. Coming in at 5 pounds or more, the Diamond is undoubtedly the heaviest helmet on this list.

Does Riddell own Schutt?

Los Angeles-based Platinum Equity acquired Schutt in an auction for a reported $33 million. Founded in Evanston in 1929, Riddell was located in Chicago for many years before moving to Rosemont in 2005. The company plans to move to Des Plaines next month.

What's the safest football helmet?

Riddell's SpeedFlex Helmets feature all the technological innovations designed to make it the company's safest football helmet 2022.