diff --git a/docs/conf.py b/docs/conf.py
index 486db3e3c6..25a82fbaa7 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -22,7 +22,7 @@
 copyright = u"2019, Sentry Team and Contributors"
 author = u"Sentry Team and Contributors"
 
-release = "0.15.1"
+release = "0.16.0"
 version = ".".join(release.split(".")[:2])  # The short X.Y version.
 
 
diff --git a/sentry_sdk/consts.py b/sentry_sdk/consts.py
index a13f2a6cbc..805b1ffd82 100644
--- a/sentry_sdk/consts.py
+++ b/sentry_sdk/consts.py
@@ -89,7 +89,7 @@ def _get_default_options():
 del _get_default_options
 
 
-VERSION = "0.15.1"
+VERSION = "0.16.0"
 SDK_INFO = {
     "name": "sentry.python",
     "version": VERSION,
diff --git a/setup.py b/setup.py
index efd36d52e4..86ae84c9b0 100644
--- a/setup.py
+++ b/setup.py
@@ -12,7 +12,7 @@
 
 setup(
     name="sentry-sdk",
-    version="0.15.1",
+    version="0.16.0",
     author="Sentry Team and Contributors",
     author_email="hello@getsentry.com",
     url="https://github.com/getsentry/sentry-python",