Västra Frölunda Idrottsförening, VFIF, was founded in 1932, with ice hockey being added to the program 1943-44, but due to mild winters in Gothenburg the makeshift bandy players from VFIF had to wait until 1946 before they could play the club's first official hockey game.

Frölunda established themselves as a national hockey power in the late 1950s and won their first championship in 1965. After some difficult years in the late '80s and the re-building of Frölunda HC, the club stormed back to the top league, Elitserien and established a youth program which eventually led to championships in 2003 and 2005. Frölunda has throughout the years been Sweden’s best drawing club in attendance, regularly gathering crowds of 10,000-plus, and setting a Swedish record of 11,688 per game in 2007/08.

Frölunda pride themselves on developing players through their youth academy and are the European club which has the most players drafted and signed by NHL clubs. Famous academy players include Henrik Lundqvist, Daniel Alfredsson, Per-Johan Axelsson, Loui Eriksson, Alexander Steen, Lars Eller, Mikkel Bödker Viktor Stålberg and most recently Rasmus Dahlin and Samuel Fagemo.

They are the most successful team in the CHL history to date having lifted the European Trophy four times and reaching the Final five times.