diff --git a/docs/conf.py b/docs/conf.py
index 6c7ce11..fda9e95 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -25,7 +25,7 @@
 author = 'Iztok Fister Jr., Luka Lukač, Alen Rajšp, Luka Pečnik, Dušan Fister'
 
 # The full version, including alpha/beta/rc tags
-release = '0.4.5'
+release = '0.5.0'
 
 # -- General configuration ---------------------------------------------------
 
diff --git a/pyproject.toml b/pyproject.toml
index ea16e43..3e1255b 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "sport-activities-features"
-version = "0.4.5"
+version = "0.5.0"
 description = "A minimalistic toolbox for extracting features from sport activity files"
 license = "MIT"
 authors = ["Iztok Fister Jr. <iztok@iztok-jr-fister.eu>", "Luka Lukač <luka.lukac@student.um.si>", "Alen Rajšp <alen.rajsp@.um.si>", "Luka Pečnik <luka.pecnik@student.um.si>", "Dušan Fister <dusan.fister@um.si>", "Rok Kukovec <rok.kukovec1@student.um.si>"]
diff --git a/sport_activities_features/__init__.py b/sport_activities_features/__init__.py
index 0838699..293ae65 100644
--- a/sport_activities_features/__init__.py
+++ b/sport_activities_features/__init__.py
@@ -73,4 +73,4 @@
     'weather_identification',
 ]
 
-__version__ = '0.4.5'
+__version__ = '0.5.0'