|Founded||4 February 2012|
|European affiliation||Alliance of Liberals and Democrats for Europe|
|Seats in the Althing|
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The party was founded on 4 February 2012. 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). Guðmundur had been elected as a candidate of the Progressive Party, but left the party to sit as an independent. In 2012, Guðmundur formed Bright Future with the Best Party, with which it shares initials in Icelandic, "BF."  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. The party lost every seat it held in the Althing in the 2017 election.
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- "Declaration of the founding policy for Bright Future" (in Icelandic). Björt framtíð (Bright Future). 4 February 2012. Retrieved 12 April 2013.
- Tom Lansford, ed. (2015). Political Handbook of the World 2015. SAGE Publications. p. 2683. ISBN 978-1-4833-7155-9.
- Nordsieck, Wolfram (2017). "Iceland". Parties and Elections in Europe.
- "ALDE Party - Member Parties". aldeparty.eu. Retrieved 19 August 2018.
- The Reykjavík Grapevine Election Guide 2013, The Reykjavík Grapevine, issue 4, 5 April 2013, p. 20.
- "Iceland's newest political party gets shiny new name". IceNews – Daily News. Retrieved 2013-12-29.
- "Iceland Review Online: Daily News from Iceland, Current Affairs, Business, Politics, Sports, Culture". Icelandreview.com. 2005-12-06. Retrieved 2013-12-29.
- e.c Software. "Online, Iceland news, Travel, Vacation, Culture, Hotels, Politics, Business". IcelandReview. Retrieved 2013-12-29.