Novel supramolecular phosphorescent polymers (SPPs) are synthesized as a new class of solution‐processable electroluminescent emitters. The formation of these SPPs takes advantage of the efficient non‐bonding assembly between bis(dibenzo‐24‐crown‐8)‐functionalized iridium complex monomer and bis(dibenzylammonium)‐tethered co‐monomer, which is monitored by 1H NMR spectroscopy and viscosity measurements. These SPPs show good film morphology and an intrinsic glass transition with a Tg of 94–116 °C. Noticeably, they are highly photoluminescent in solid state with quantum efficiency up to ca. 78%. The photophysical and electroluminescent properties are strongly dependent on the molecular structures of the iridium complex monomers.