diff --git a/openassessment/__init__.py b/openassessment/__init__.py
index 6736fc9447..c4f04c0682 100644
--- a/openassessment/__init__.py
+++ b/openassessment/__init__.py
@@ -2,4 +2,4 @@
 Initialization Information for Open Assessment Module
 """
 
-__version__ = '5.4.1'
+__version__ = '5.5.0'
diff --git a/package.json b/package.json
index 8a5b72133f..ec1490979a 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "edx-ora2",
-  "version": "5.4.0",
+  "version": "5.5.0",
   "repository": "https://github.com/openedx/edx-ora2.git",
   "dependencies": {
     "@edx/frontend-build": "^6.1.1",