diff --git a/CHANGELOG.markdown b/CHANGELOG.markdown
index db6d94b2..7219c803 100644
--- a/CHANGELOG.markdown
+++ b/CHANGELOG.markdown
@@ -1,4 +1,6 @@
 # Unreleased
+
+# 5.5.0
 - Fix undeclared logger in grape instruments (#510)
 - Drop guaranteed support for Rubies <= 2.4
 - Instrument Resque without relying on forking per job (#514)
diff --git a/lib/scout_apm/version.rb b/lib/scout_apm/version.rb
index a5034dd6..68bdca25 100644
--- a/lib/scout_apm/version.rb
+++ b/lib/scout_apm/version.rb
@@ -1,3 +1,3 @@
 module ScoutApm
-  VERSION = "5.4.0"
+  VERSION = "5.5.0"
 end