diff --git a/clients/python/lorax/__init__.py b/clients/python/lorax/__init__.py
index 44d9f991..f23ec6ef 100644
--- a/clients/python/lorax/__init__.py
+++ b/clients/python/lorax/__init__.py
@@ -12,6 +12,6 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "0.3.2"
+__version__ = "0.4.0"
 
 from lorax.client import Client, AsyncClient, MergedAdapters
diff --git a/clients/python/pyproject.toml b/clients/python/pyproject.toml
index 5524ee29..fb2a5994 100644
--- a/clients/python/pyproject.toml
+++ b/clients/python/pyproject.toml
@@ -3,7 +3,7 @@ name = "lorax-client"
 packages = [
     {include = "lorax"}
 ]
-version = "0.3.2"
+version = "0.4.0"
 description = "LoRAX Python Client"
 license = "Apache-2.0"
 authors = ["Travis Addair <travis@predibase.com>", "Olivier Dehaene <olivier@huggingface.co>"]