diff --git a/sharktank/version.json b/sharktank/version.json
index 9519501ae..4d2648408 100644
--- a/sharktank/version.json
+++ b/sharktank/version.json
@@ -1,3 +1,3 @@
 {
-  "package-version": "3.1.0.dev"
+  "package-version": "3.2.0.dev"
 }
diff --git a/shortfin/version.json b/shortfin/version.json
index 9519501ae..4d2648408 100644
--- a/shortfin/version.json
+++ b/shortfin/version.json
@@ -1,3 +1,3 @@
 {
-  "package-version": "3.1.0.dev"
+  "package-version": "3.2.0.dev"
 }
diff --git a/tuner/version.json b/tuner/version.json
index 9519501ae..4d2648408 100644
--- a/tuner/version.json
+++ b/tuner/version.json
@@ -1,3 +1,3 @@
 {
-  "package-version": "3.1.0.dev"
+  "package-version": "3.2.0.dev"
 }