diff --git a/InvenTree/InvenTree/version.py b/InvenTree/InvenTree/version.py
index 8d9b0e8da1..fe28d780c7 100644
--- a/InvenTree/InvenTree/version.py
+++ b/InvenTree/InvenTree/version.py
@@ -12,11 +12,15 @@ import common.models
 INVENTREE_SW_VERSION = "0.7.0 dev"
 
 # InvenTree API version
-INVENTREE_API_VERSION = 34
+INVENTREE_API_VERSION = 35
 
 """
 Increment this API version number whenever there is a significant change to the API that any clients need to know about
 
+v35 -> 2022-04-01 : https://github.com/inventree/InvenTree/pull/2797
+    - Adds stock allocation information to the Part API
+    - Adds calculated field for "unallocated_quantity"
+
 v34 -> 2022-03-25
     - Change permissions for "plugin list" API endpoint (now allows any authenticated user)