diff --git a/README.md b/README.md
index e7b1592..5f58bcb 100644
--- a/README.md
+++ b/README.md
@@ -12,7 +12,7 @@ For more information on the model's performance and capabilities, see our [techn
 
 ```shell
 # version on pypi:
-pip install chai_lab==0.3.0
+pip install chai_lab==0.3.1
 
 # newest available version (updates daily to test features that weren't released yet):
 pip install git+https://github.com/chaidiscovery/chai-lab.git
@@ -85,7 +85,7 @@ Devcontainers work on local Linux setup, and on remote machines over an SSH conn
 Since this is an initial release, we expect to make some breaking changes to the API and are not guaranteeing backwards compatibility. We recommend pinning the current version in your requirements, i.e.:
 
 ```
-chai_lab==0.3.0
+chai_lab==0.3.1
 ```
 
 ## Citations
diff --git a/chai_lab/__init__.py b/chai_lab/__init__.py
index e982bc9..a2026ef 100644
--- a/chai_lab/__init__.py
+++ b/chai_lab/__init__.py
@@ -2,4 +2,4 @@
 # This source code is licensed under the Chai Discovery Community License
 # Agreement (LICENSE.md) found in the root directory of this source tree.
 
-__version__ = "0.3.0"
+__version__ = "0.3.1"