diff --git a/lib/typhoeus/version.rb b/lib/typhoeus/version.rb
index 480c6ee3..58297d41 100644
--- a/lib/typhoeus/version.rb
+++ b/lib/typhoeus/version.rb
@@ -1,3 +1,3 @@
 module Typhoeus
-  VERSION = '0.3.0'
+  VERSION = '0.3.1'
 end