diff --git a/pyproject.toml b/pyproject.toml
index 99dfc6f8f..5a52c4c1b 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -24,7 +24,7 @@ classifiers = [
     "Programming Language :: Python :: 3.11",
 ]
 license = "Apache-2.0"
-version = "0.32.0"
+version = "0.33.0-rc1"
 packages = [
     { include = "kapitan" },
     { include = "kapitan/reclass" },