Laravel was created in June 2011 by Taylor Otwell. It is a free and open-source PHP framework allowing you to create websites and web apps using its huge libraries so you don’t have to write code from scratch. What this means is that Laravel isn’t owned by any entity. It is a community-driven framework where anyone can contribute to take it ahead.
This is why Laravel mostly relies on its patrons to bring updates, stay relevant, and grow. Thus so far, we have witnessed updates till Laravel 9 with many scheduled ahead in the future. Keep in mind that, even though Laravel is free to use for anyone, other services in it need to be paid for. This helps Laravel to keep running.
Taylor Otwell wanted to come up with an alternative for CodeIgniter which didn’t provide some features like built-in support for user authentication and authorization. Thus, he launched Laravel’s beta version on 9th June 2011 which was followed by the release of Laravel 1 in the same month.
Taylor intended Laravel for the development of web applications using MVC or Model-View-Controller architecture. With Laravel’s development over the years, it has become a one-stop solution for building websites and web apps of any scale.