diff --git a/charts/jira-software/Chart.yaml b/charts/jira-software/Chart.yaml
index de992d2b..080659db 100644
--- a/charts/jira-software/Chart.yaml
+++ b/charts/jira-software/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v1
 name: jira-software
-version: 1.3.1
-appVersion: 8.7.1
+version: 1.4.0
+appVersion: 8.8.0
 description: Atlassian Jira Software is built for every member of your software team to plan, track, and release great software.
 keywords:
 - jira
diff --git a/charts/jira-software/README.md b/charts/jira-software/README.md
index ea3faa5a..a24c494b 100644
--- a/charts/jira-software/README.md
+++ b/charts/jira-software/README.md
@@ -45,7 +45,7 @@ The following table lists the configurable parameters of the _Jira Software_ cha
 | Parameter                   | Description                                                                                    | Default                                                 |
 | --------------------------- | ---------------------------------------------------------------------------------------------- | ------------------------------------------------------- |
 | `image.repository`          | Docker repository to use                                                                       | `atlassian/jira-software`                               |
-| `image.tag`                 | Docker tag to use                                                                              | `8.7.1`                                                 |
+| `image.tag`                 | Docker tag to use                                                                              | `8.8.8`                                                 |
 | `image.pullPolicy`          | Docker image pull policy                                                                       | `IfNotPresent`                                          |
 | `nameOverride`              | String to partially override `jira-software.fullname` template (will prepend the release name) | `nil`                                                   |
 | `fullnameOverride`          | String to fully override `jira-software.fullname` template                                     | `nil`                                                   |
diff --git a/charts/jira-software/values.yaml b/charts/jira-software/values.yaml
index 2263033a..bb53d74e 100644
--- a/charts/jira-software/values.yaml
+++ b/charts/jira-software/values.yaml
@@ -1,6 +1,6 @@
 image:
   repository: atlassian/jira-software
-  tag: 8.7.1
+  tag: 8.8.0
   pullPolicy: IfNotPresent
 
 nameOverride: ""