diff --git a/Cargo.toml b/Cargo.toml
index cf77146..4972ffe 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "mwatershed"
-version = "0.4.0"
+version = "version = '0.5.0'"
 edition = "2018"
 
 [dependencies]
diff --git a/mwatershed/__init__.py b/mwatershed/__init__.py
index ffe00df..79678dc 100644
--- a/mwatershed/__init__.py
+++ b/mwatershed/__init__.py
@@ -3,7 +3,7 @@
 
 __author__ = """William Hunter Patton"""
 __email__ = """pattonw@hhmi.org"""
-__version__ = """0.4.0"""
+__version__ = """__version__ = '0.5.0'"""
 __version_info__ = tuple(int(n) for n in __version__.split("."))
 
 from .mwatershed import agglom_rs, cluster
diff --git a/setup.cfg b/setup.cfg
index ab82cb0..a25f261 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.4.0
+current_version = 0.5.0
 commit = True
 tag = True