[1] Before the 2013 general election, it included two Members of Parliament, Guðmundur Steingrímsson (who defected from the Progressive Party) and Róbert Marshall (who defected from the Social Democratic Alliance).

In 2012, Guðmundur formed Bright Future with the Best Party, with which it shared initials in Icelandic, "BF."

Several members of Best Party, which was dissolved in June 2014, joined Bright Future.

[10][11][12] The party was formed to contest the April 2013 parliamentary election.

The party won six seats, making it the fifth largest in parliament, but has since dropped significantly in opinion polls.