diff --git a/CHANGELOG.md b/CHANGELOG.md
index 45dd4e51a..601ed5598 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## Unreleased
 
+## [1.0.0] - 2024-12-09
+
 ### Added
 
 - `TrafilaturaWebScraperDriver.no_ssl` parameter to disable SSL verification. Defaults to `False`.
diff --git a/README.md b/README.md
index 6875aef7b..59a511dc6 100644
--- a/README.md
+++ b/README.md
@@ -183,7 +183,7 @@ In the above example, we set [off_prompt](https://docs.griptape.ai/stable/gripta
 
 ## Versioning
 
-Griptape is in constant development and its APIs and documentation are subject to change. Until we stabilize the API and release version 1.0.0, we will use minor versions (i.e., x.Y.z) to introduce features and breaking features, and patch versions (i.e., x.y.Z) for bug fixes.
+Griptape uses [Semantic Versioning](https://semver.org/).
 
 ## Contributing
 
diff --git a/pyproject.toml b/pyproject.toml
index 425517a1b..580d8a455 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "griptape"
-version = "0.34.3"
+version = "1.0.0"
 description = "Modular Python framework for LLM workflows, tools, memory, and data."
 authors = ["Griptape <hello@griptape.ai>"]
 license = "Apache 2.0"