diff --git a/src/backend/InvenTree/InvenTree/version.py b/src/backend/InvenTree/InvenTree/version.py
index 68072e2fc6..dde7f3abe8 100644
--- a/src/backend/InvenTree/InvenTree/version.py
+++ b/src/backend/InvenTree/InvenTree/version.py
@@ -15,7 +15,7 @@ from datetime import timedelta as td
 from .api_version import INVENTREE_API_TEXT, INVENTREE_API_VERSION
 
 # InvenTree software version
-INVENTREE_SW_VERSION = '1.4.0 dev'
+INVENTREE_SW_VERSION = '1.5.0 dev'
 
 # Minimum supported Python version
 MIN_PYTHON_VERSION = (3, 11)