diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5d41f9bd63..735d14c54a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,7 +5,15 @@ All notable changes to this project will be documented in this file (starting wi
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.1.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [Unreleased] - yyyy-mm-dd (in UTC)
+## Unreleased - YYYY-MM-DD
+
+### Added
+
+### Changed
+
+### Removed
+
+## 1.1.0 - 2025-11-02
 
 ### Added
 
@@ -30,10 +38,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Changed site URL check to allow protocol mismatches if `INVENTREE_SITE_LAX_PROTOCOL` is set to `True` (default) in [#10454](https://github.com/inventree/InvenTree/pull/10454)
 - Changed call signature of `get_global_setting` to use `environment_key` instead of `enviroment_key` in [#10557](https://github.com/inventree/InvenTree/pull/10557)
 
-### Removed
 
-
-## [1.0.0 ] - 2025-09-15
+## 1.0.0 - 2025-09-15
 
 The first "stable" release following semver but not extensively other than the previous releases. The use of 1.0 indicates the stability that users already expect from InvenTree.
 
diff --git a/src/backend/InvenTree/InvenTree/version.py b/src/backend/InvenTree/InvenTree/version.py
index 30aa8bd07d..52c9c6f59a 100644
--- a/src/backend/InvenTree/InvenTree/version.py
+++ b/src/backend/InvenTree/InvenTree/version.py
@@ -18,7 +18,7 @@ from django.conf import settings
 from .api_version import INVENTREE_API_TEXT, INVENTREE_API_VERSION
 
 # InvenTree software version
-INVENTREE_SW_VERSION = '1.1.0 dev'
+INVENTREE_SW_VERSION = '1.2.0 dev'
 
 
 logger = logging.getLogger('inventree')