diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 9fe9fbc9d6..466ed092bb 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.1.0
+current_version = 0.1.1
 commit = True
 tag = True
 
diff --git a/docs/conf.py b/docs/conf.py
index 035dc47fe3..81c3287114 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -85,9 +85,9 @@ def setup(app):
 # built documents.
 #
 # The short X.Y version.
-version = u'0.1.0'
+version = u'0.1.1'
 # The full version, including alpha/beta/rc tags.
-release = u'0.1.0'
+release = u'0.1.1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
@@ -161,7 +161,7 @@ def setup(app):
 # The name for this set of Sphinx documents.
 # "<project> v<release> documentation" by default.
 #
-# html_title = u'pyhf v0.1.0'
+# html_title = u'pyhf v0.1.1'
 
 # A shorter title for the navigation bar.  Default is the same as html_title.
 #
diff --git a/pyhf/version.py b/pyhf/version.py
index 7cf7c415c1..7e4ae126b8 100644
--- a/pyhf/version.py
+++ b/pyhf/version.py
@@ -2,4 +2,4 @@
 
 # Use semantic versioning (https://semver.org/)
 # The version number is controlled through bumpversion.cfg
-__version__ = '0.1.0'
+__version__ = '0.1.1'
diff --git a/setup.py b/setup.py
index bfbd9eedaf..1f358fb051 100644
--- a/setup.py
+++ b/setup.py
@@ -82,7 +82,7 @@ def _is_test_pypi():
 
 setup(
     name='pyhf',
-    version='0.1.0',
+    version='0.1.1',
     description='(partial) pure python histfactory implementation',
     long_description=long_description,
     long_description_content_type='text/markdown',