diff --git a/apps/api/pyproject.toml b/apps/api/pyproject.toml
index 428aabba7d1..3cd733efb16 100644
--- a/apps/api/pyproject.toml
+++ b/apps/api/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "Plane"
-version = "0.24.0"
+version = "1.3.1"
 description = "Open-source project management that unlocks customer value"
 
 [tool.ruff]