diff --git a/README.md b/README.md
index 8e1d86f..1af97c3 100644
--- a/README.md
+++ b/README.md
@@ -163,7 +163,7 @@ Add `polymorphic_embed` for Elixir as a dependency in your `mix.exs` file:
 ```elixir
 def deps do
   [
-    {:polymorphic_embed, "~> 0.4.0"}
+    {:polymorphic_embed, "~> 0.5.0"}
   ]
 end
 ```
diff --git a/mix.exs b/mix.exs
index ea3bb26..e8df0f0 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule PolymorphicEmbed.MixProject do
   use Mix.Project
 
-  @version "0.4.0"
+  @version "0.5.0"
 
   def project do
     [