diff --git a/README.md b/README.md
index ab1866664..d9c8c5f26 100644
--- a/README.md
+++ b/README.md
@@ -35,13 +35,13 @@ This library supports the following Ruby implementations:
 To install using [Bundler][bundler] grab the latest stable version:
 
 ```ruby
-gem 'twilio-ruby', '~> 5.54.1'
+gem 'twilio-ruby', '~> 5.55.0'
 ```
 
 To manually install `twilio-ruby` via [Rubygems][rubygems] simply gem install:
 
 ```bash
-gem install twilio-ruby -v 5.54.1
+gem install twilio-ruby -v 5.55.0
 ```
 
 To build and install the development branch yourself from the latest source:
diff --git a/lib/twilio-ruby/version.rb b/lib/twilio-ruby/version.rb
index 5e88e7294..70dd31d2e 100644
--- a/lib/twilio-ruby/version.rb
+++ b/lib/twilio-ruby/version.rb
@@ -1,3 +1,3 @@
 module Twilio
-    VERSION = '5.54.1'
+    VERSION = '5.55.0'
 end