diff --git a/setup.py b/setup.py
index db40abb4..1ecd784c 100644
--- a/setup.py
+++ b/setup.py
@@ -53,7 +53,7 @@ def combine_requirements(base_keys):
 
 setup(
     name="setfit",
-    version="1.0.0",
+    version="1.0.1",
     description="Efficient few-shot learning with Sentence Transformers",
     long_description=README_TEXT,
     long_description_content_type="text/markdown",
diff --git a/src/setfit/__init__.py b/src/setfit/__init__.py
index ea1494f7..f9b7bd36 100644
--- a/src/setfit/__init__.py
+++ b/src/setfit/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "1.0.0"
+__version__ = "1.0.1"
 
 import importlib
 import os