diff --git a/docs/conf.py b/docs/conf.py
index a23389b..a0bccf2 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -22,7 +22,7 @@ copyright = '2019, Zetta.IO Technology AS'
 author = 'Zetta.IO Technology AS'
 
 # The full version, including alpha/beta/rc tags
-release = '0.3.3'
+release = '0.4.0'
 
 # -- General configuration ---------------------------------------------------
 
diff --git a/src/restic_compose_backup/__init__.py b/src/restic_compose_backup/__init__.py
index 80eb7f9..abeeedb 100644
--- a/src/restic_compose_backup/__init__.py
+++ b/src/restic_compose_backup/__init__.py
@@ -1 +1 @@
-__version__ = '0.3.3'
+__version__ = '0.4.0'
diff --git a/src/setup.py b/src/setup.py
index c2d0185..3138140 100644
--- a/src/setup.py
+++ b/src/setup.py
@@ -3,7 +3,7 @@ from setuptools import setup, find_namespace_packages
 setup(
     name="restic-compose-backup",
     url="https://github.com/ZettaIO/restic-compose-backup",
-    version="0.3.3",
+    version="0.4.0",
     author="Einar Forselv",
     author_email="eforselv@gmail.com",
     packages=find_namespace_packages(include=['restic_compose_backup']),