Formed in 2008, the team is administered by the Icelandic Cricket Association (Krikketsamband Íslands).

[2] They played their first, unofficial, international matches in July 2018 during a tour to England, when they faced Switzerland at Weybridge in Surrey.

[3] The costs of the tour were met through crowdfunding by members of the r/Cricket forum on Reddit, who became the team's official sponsors in the period 2018 to 2020.

They won their first international match, a fifty-over game against Switzerland, by 215 runs.

[4] In August 2023 they played a two-match bilateral series in Tallinn against Estonia, losing both T20 matches by 6 wickets and 79 runs, respectively.