The club was officially founded on 9 May 2018 in alliance with Sergio Arboleda University.

Later in August 2017, Sergio Arboleda University joined the project by raising a sports alliance to reach professionalism in 2019.

The team was presented on 12 December, after six months of structuring,[2] where, in alliance with the university,[3] an agreement was formed to enrich the female squad.

Subsequently, the participation of the club in the Colombian Women's League was formalized.

[4] Millonarios' first selection was Fabiola Herrera from her native Peru.