diff --git a/README.md b/README.md
index 00196e29c..aded4b631 100644
--- a/README.md
+++ b/README.md
@@ -161,4 +161,4 @@ Check out our resources for additional guidance too before opening an issue:
 
 This library is licensed under the [Apache 2.0 License](./documents/LICENSE).
 
-Latest released version: v1.40.2
+Latest released version: v1.41.0
diff --git a/VERSION b/VERSION
index 148dabb45..7d47e5998 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.40.2
+1.41.0