diff --git a/InvenTree/InvenTree/version.py b/InvenTree/InvenTree/version.py
index 88acbaff54..adff6da0fb 100644
--- a/InvenTree/InvenTree/version.py
+++ b/InvenTree/InvenTree/version.py
@@ -8,7 +8,7 @@ import re
 
 import common.models
 
-INVENTREE_SW_VERSION = "0.4.0"
+INVENTREE_SW_VERSION = "0.5.0 pre"
 
 INVENTREE_API_VERSION = 8