diff --git a/setup.cfg b/setup.cfg
index 46e5f0f..200f33d 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.4.0
+current_version = 0.5.0
 commit = True
 tag = True
 
@@ -16,7 +16,7 @@ universal = 1
 
 [flake8]
 exclude = docs
-max_line_length=120
+max_line_length = 120
 
 [aliases]
 test = pytest
diff --git a/setup.py b/setup.py
index 2186899..cfff363 100644
--- a/setup.py
+++ b/setup.py
@@ -45,6 +45,6 @@
     test_suite='tests',
     tests_require=test_requirements,
     url='https://github.com/vicyap/vectra_api_client',
-    version='0.4.0',
+    version='0.5.0',
     zip_safe=False,
 )
diff --git a/vectra_api_client/__init__.py b/vectra_api_client/__init__.py
index a309ede..029220a 100644
--- a/vectra_api_client/__init__.py
+++ b/vectra_api_client/__init__.py
@@ -1,4 +1,4 @@
 # -*- coding: utf-8 -*-
 """Top-level package for Vectra API Client."""
 
-__version__ = '0.4.0'
+__version__ = '0.5.0'