diff --git a/lib/dry/monads/version.rb b/lib/dry/monads/version.rb
index 8519e91..bc417ad 100644
--- a/lib/dry/monads/version.rb
+++ b/lib/dry/monads/version.rb
@@ -1,6 +1,6 @@
 module Dry
   module Monads
     # @private
-    VERSION = '1.1.0'.freeze
+    VERSION = '1.2.0'.freeze
   end
 end