diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 7227df9c2..5fa05f2ad 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,9 +1,9 @@
 [bumpversion]
-current_version = 0.3.7
+current_version = 0.3.8-rc1
 commit = False
 tag = False
 parse = (?P<major>\d+)\.(?P<minor>\d+)\.(?P<patch>\d+)((\-rc)(?P<build>\d+))?
-serialize = 
+serialize =
 	{major}.{minor}.{patch}-rc{build}
 	{major}.{minor}.{patch}
 
diff --git a/orchestrator/__init__.py b/orchestrator/__init__.py
index 65ea68f2a..60cfd0441 100644
--- a/orchestrator/__init__.py
+++ b/orchestrator/__init__.py
@@ -13,7 +13,7 @@
 
 """This is the orchestrator workflow engine."""
 
-__version__ = "0.3.7"
+__version__ = "0.3.8-rc1"
 
 from orchestrator.app import OrchestratorCore
 from orchestrator.settings import app_settings, oauth2_settings