diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 988e36ff41..ad6f0b9f34 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 20.1.0
+current_version = 21.0.0
 files = VERSION faker/__init__.py docs/conf.py
 commit = True
 tag = True
diff --git a/VERSION b/VERSION
index e43bba47d7..fb5b513039 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-20.1.0
+21.0.0
diff --git a/docs/conf.py b/docs/conf.py
index 842e313d73..6154f53b5d 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -51,9 +51,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = "20.1.0"
+version = "21.0.0"
 # The full version, including alpha/beta/rc tags.
-release = "20.1.0"
+release = "21.0.0"
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/faker/__init__.py b/faker/__init__.py
index 99ae0f8a04..cf25ffbf3f 100644
--- a/faker/__init__.py
+++ b/faker/__init__.py
@@ -2,6 +2,6 @@
 from faker.generator import Generator
 from faker.proxy import Faker
 
-VERSION = "20.1.0"
+VERSION = "21.0.0"
 
 __all__ = ("Factory", "Generator", "Faker")