diff --git a/rakelib/version.rake b/rakelib/version.rake
index ce3956b20b..1c3e845273 100644
--- a/rakelib/version.rake
+++ b/rakelib/version.rake
@@ -1,2 +1,2 @@
 # this file is updated automatically using a rake task, any changes will be lost
-GOCD_VERSION = '23.4.0'
+GOCD_VERSION = '23.5.0'