diff --git a/setup.py b/setup.py
index 99c03ed..a96a96f 100644
--- a/setup.py
+++ b/setup.py
@@ -4,7 +4,7 @@
 # version checking derived from https://github.com/levlaz/circleci.py/blob/master/setup.py
 from setuptools.command.install import install
 
-VERSION = '0.4.0'
+VERSION = '0.5.0'
 TAG_ENV_VAR = 'CIRCLE_TAG'
 
 with open("README.md", "r") as fh: