diff --git a/setup.py b/setup.py
index 82ea84de..5f881484 100644
--- a/setup.py
+++ b/setup.py
@@ -59,5 +59,5 @@ def load_requirements(path: Path):
         "Source Code": "https://github.com/drivendataorg/cloudpathlib",
     },
     url="https://github.com/drivendataorg/cloudpathlib",
-    version="0.4.1",
+    version="0.5.0",
 )