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AFC Hermannstadt was founded in 2015 to continue the long tradition of football in the city of Sibiu, started in 1913 by Șoimii Sibiu and continued through other teams such as Societatea Gimnastică Sibiu (German: Hermannstädter Turnverein - HATV), Inter Sibiu, FC Sibiu, or Voința Sibiu. Even if Hermannstadt is not a "legal" successor to any of these clubs, we can consider it a moral one, as it is currently the only representative of Sibiu in the first three leagues. Hermannstadt is the equivalent of the city's name in the German language, which has sometimes stirred controversy.

Immediately after the 2015 founding, the club was enrolled in the Liga IV. It finished first in the league table and subsequently qualified for the Liga III promotion play-offs. Hermannstadt won the phase without major difficulties, after 6–1 on aggregate against the champion of Gorj County, Gilortul Târgu Cărbunești. Sibienii were also winners of the Liga III – Seria V in the next season and promoted to the Liga II, the second level of the Romanian league system.

Hermannstadt played its first Liga II match on 5 August 2017, a 3–0 home victory over CS Balotești. It finished the campaign as runner-up, and thus achieved promotion to the Liga I after only three years of existence. The club also managed a notable performance in the Cupa României, being the first in 36 years to reach the final despite not playing in the top flight. Hermannstadt upset four Liga I teams en route to the last game of the competition—Voluntari, Juventus București, FCSB and county rival Gaz Metan Mediaș, respectively. It lost the final 0–2 to Universitatea Craiova, on 27 May 2018.

On 21 July 2018, Hermannstadt won its first ever Liga I match after Ștefan Blănaru scored the only goal of the opening fixture against Sepsi OSK.