diff --git a/src/picopip.py b/src/picopip.py
index 0babb20..1226ae4 100644
--- a/src/picopip.py
+++ b/src/picopip.py
@@ -9,7 +9,7 @@
 This makes picopip ideal for vendoring alongside software that needs
  to query or manage virtual environments in a self-contained manner.
 
-Version: 0.4.0
+Version: 0.5.0
 Author: Alessandro Molina <alessandro.molina@posit.co>
 URL: https://github.com/posit-dev/picopip
 License: MIT