Angel City FC Women

On July 21, 2020, the NWSL announced that Los Angeles would be awarded an expansion franchise for the 2022 season. The team was announced with a majority female ownership group led by actress Natalie Portman, venture capitalist Kara Nortman, entrepreneur Julie Uhrman, and venture capitalist Alexis Ohanian. Ohanian also represents the club on the league's board of governors. Other founding members of the team included professional tennis player Serena Williams, actors Uzo Aduba, Jessica Chastain, America Ferrera, Jennifer Garner, and Eva Longoria, late night talk show host and YouTuber Lilly Singh, YouTuber Casey Neistat, Broadway producer Jenna Segal, and former members of the United States national team including Julie Foudy, Mia Hamm, Rachel Van Hollebeke, Shannon Boxx, Amanda Cromwell, Lorrie Fair, Ronnie Fair, Joy Fawcett, Angela Hucles, Shannon MacMillan, Tisha Venturini, Saskia Webber, Lauren Holiday, and Abby Wambach.

It was also announced during the team's launch that they would be announcing their official name before the end of the year but were going to use 'Angel City' as a tentative nickname. The team was also in discussions with various groups for a stadium agreement, including the LA Galaxy of Major League Soccer.

In the time since the club's name was confirmed as Angel City FC on October 21, 2020, additional members of the ownership group were announced, among them tennis great Billie Jean King, former tennis player and current tennis administrator Ilana Kloss, WNBA star Candace Parker, NHL star P. K. Subban, actress and activist Sophia Bush, Latin pop star Becky G, actor and TV host James Corden, former U.S. men's international soccer star Cobi Jones, NFL offensive lineman Ryan Kalil, and actor Uzo Aduba.

Angel City FC hosted Mexican club Tigres UANL Femenil in the club's first-ever International Friendly match in August 2022, which Angel City FC won 1-0. The first edition of the Copa Angelina on September 5, 2022 saw Angel City FC fall 2-0 to the Mexico women's national team off a goal by Scarlett Camberos and an own goal.

A three-part documentary chronicling the team's first season entitled Angel City was released in the May of 2023 on HBO.

Angel City FC qualified for their first-ever playoff berth in 2023, losing to OL Reign on October 20, 2023.

Ahead of the 2024 season, it was reported that the four primary owners of the club had voted to have investment firm Moelis & Co., seek a new owner and investor that would assume control of Angel City’s board for a reported valuation of $180 million.