diff --git a/src/lib/constants.sh b/src/lib/constants.sh
index 534c175..d5775dd 100644
--- a/src/lib/constants.sh
+++ b/src/lib/constants.sh
@@ -8,7 +8,7 @@
 # shellcheck disable=SC2034  # read and written by the other library files
 
 readonly PROJECT_NAME="${REPOFOUNDRY_NAME:-RepoFoundry}"
-readonly VERSION="0.3.0"
+readonly VERSION="0.3.1"
 readonly EXIT_FAILURE=1
 readonly EXIT_USAGE=2
 readonly MAX_VALUE_LENGTH=2048
diff --git a/tests/test-security.sh b/tests/test-security.sh
index 1f7e86d..f87723f 100644
--- a/tests/test-security.sh
+++ b/tests/test-security.sh
@@ -103,7 +103,7 @@ test_usage_errors() {
   assert_contains "help shows exit codes" "$OUT" "Exit codes"
   run_cli "" --version
   assert_status "version" 0 "$STATUS"
-  assert_contains "version output" "$OUT" "RepoFoundry 0.3.0"
+  assert_contains "version output" "$OUT" "RepoFoundry 0.3.1"
 }
 
 test_warns_when_env_is_not_ignored_by_git() {