diff --git a/README.md b/README.md
index 823a2fd..80e0169 100644
--- a/README.md
+++ b/README.md
@@ -20,7 +20,7 @@ the project yourself.
     <dependency>
         <groupId>com.github.package-url</groupId>
         <artifactId>packageurl-java</artifactId>
-        <version>1.4.2</version>
+        <version>1.5.0</version>
     </dependency>
 </dependencies>
 ```
diff --git a/pom.xml b/pom.xml
index 80a5640..df3b083 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>com.github.package-url</groupId>
     <artifactId>packageurl-java</artifactId>
-    <version>1.4.3-SNAPSHOT</version>
+    <version>1.5.0-SNAPSHOT</version>
     <packaging>jar</packaging>
 
     <name>Package URL</name>