diff --git a/explainer/version.py b/explainer/version.py
index 6b4b449..5157f06 100644
--- a/explainer/version.py
+++ b/explainer/version.py
@@ -18,4 +18,4 @@
 # SPDX-License-Identifier: Apache-2.0
 #
 
-__version__ = "0.4.0"
+__version__ = "0.5.0"
diff --git a/model_card_gen/version.py b/model_card_gen/version.py
index 0e23521..85836b3 100644
--- a/model_card_gen/version.py
+++ b/model_card_gen/version.py
@@ -18,4 +18,4 @@
 # SPDX-License-Identifier: Apache-2.0
 #
 
-__version__ = '0.4.0'
+__version__ = '0.5.0'
diff --git a/setup.cfg b/setup.cfg
index 116154a..a365aab 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -2,7 +2,7 @@
 universal = 0
 
 [bumpver]
-current_version = "0.4.0"
+current_version = "0.5.0"
 version_pattern = "MAJOR.MINOR.PATCH"
 commit_message = "bump version {old_version} -> {new_version}"
 commit = True