diff --git a/bentoml/version.py b/bentoml/version.py
index 518b3451caa..aaa0bc87e73 100644
--- a/bentoml/version.py
+++ b/bentoml/version.py
@@ -12,4 +12,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "0.3.0"
+__version__ = "0.3.1"