diff --git a/README.md b/README.md
index 2768a65..d0a1db6 100644
--- a/README.md
+++ b/README.md
@@ -51,7 +51,7 @@ To enable this hook in your local repository, add the following `repo` to your `
 # .pre-commit-config.yaml
 repos:
   - repo: https://github.com/johnfraney/flake8-markdown
-    rev: v0.4.0
+    rev: v0.5.0
     hooks:
       - id: flake8-markdown
 ```
@@ -62,6 +62,17 @@ Everyone interacting in the project's codebases, issue trackers, chat rooms, and
 
 ## History
 
+### [0.5.0] - 2023-09-04
+
+#### Added
+
+- Added CI for `python` 3.11
+- Added funding file
+
+#### Removed
+
+- Dropped support for `python` 3.7 and Pypy 3
+
 ### [0.4.0] - 2022-09-11
 
 #### Added
diff --git a/pyproject.toml b/pyproject.toml
index 3c3ec66..24c796c 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "flake8-markdown"
-version = "0.4.0"
+version = "0.5.0"
 description = "Lints Python code blocks in Markdown files using flake8"
 authors = ["John Franey <johnfraney@gmail.com>"]
 repository = "https://github.com/johnfraney/flake8-markdown"