diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 0ee8c01..816df2d 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.3.0"
+  ".": "0.3.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2195843..4af017f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.3.1](https://github.com/Dynatrace/openfeature-provider-python/compare/v0.3.0...v0.3.1) (2026-11-06)
+
+
+### 🧹 Chore
+
+* **deps:** bump virtualenv from 21.3.3 to 21.14.13 ([#29](https://github.com/Dynatrace/openfeature-provider-python/issues/29)) ([fd844e2](https://github.com/Dynatrace/openfeature-provider-python/commit/fd844e242018dee12993a60b8b2abd16eb2e428a))
+
 ## [0.3.0](https://github.com/Dynatrace/openfeature-provider-python/compare/v0.2.0...v0.3.0) (2026-11-06)
 
 
diff --git a/pyproject.toml b/pyproject.toml
index 6f81225..f025940 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "uv_build"
 
 [project]
 name = "dynatrace-openfeature-provider-python"
-version = "0.3.0"
+version = "0.3.1"
 description = "The official Dynatrace OpenFeature provider for Python"
 readme = "README.md"
 authors = [{ name = "Dynatrace" }]
diff --git a/uv.lock b/uv.lock
index 0c5bf60..4adea8b 100644
--- a/uv.lock
+++ b/uv.lock
@@ -325,7 +325,7 @@ wheels = [
 
 [[package]]
 name = "dynatrace-openfeature-provider-python"
-version = "0.3.0"
+version = "0.3.1"
 source = { editable = "." }
 dependencies = [
     { name = "openfeature-flagd-core" },