diff --git a/charts/splunk-connect-for-syslog/Chart.yaml b/charts/splunk-connect-for-syslog/Chart.yaml
index b002ca1042..202895307a 100644
--- a/charts/splunk-connect-for-syslog/Chart.yaml
+++ b/charts/splunk-connect-for-syslog/Chart.yaml
@@ -2,5 +2,5 @@ apiVersion: v2
 name: splunk-connect-for-syslog
 description: Deploy Splunk Connect for Syslog
 type: application
-version: 3.0.1
-appVersion: "3.0.1"
+version: 3.1.0
+appVersion: "3.1.0"
diff --git a/package/etc/VERSION b/package/etc/VERSION
index cb2b00e4f7..fd2a01863f 100644
--- a/package/etc/VERSION
+++ b/package/etc/VERSION
@@ -1 +1 @@
-3.0.1
+3.1.0
diff --git a/pyproject.toml b/pyproject.toml
index dce53a6866..bee146b90e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "splunk-connect-for-syslog"
-version = "3.0.1"
+version = "3.1.0"
 description = ""
 authors = ["rjha-splunk <rjha@splunk.com>"]
 license = "Apache-2.0"