diff --git a/imperative/python/version_template.py b/imperative/python/version_template.py
index 8bb1b567ff18cf8c4986f17f24107f59bcbba9bc..9852607fd68d4953d5a3ae093069056c8da89a3e 100644
--- a/imperative/python/version_template.py
+++ b/imperative/python/version_template.py
@@ -6,5 +6,5 @@
 # Unless required by applicable law or agreed to in writing,
 # software distributed under the License is distributed on an
 # "AS IS" BASIS, WITHOUT ARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
-__version__ = "1.4.0.dev"
+__version__ = "1.5.0.dev"