diff --git a/src/main/scala/explicitdeps/BoringStuff.scala b/src/main/scala/explicitdeps/BoringStuff.scala
index 4436862..399a4b7 100644
--- a/src/main/scala/explicitdeps/BoringStuff.scala
+++ b/src/main/scala/explicitdeps/BoringStuff.scala
@@ -65,7 +65,12 @@ object BoringStuff {
       val rawName = (xml \ "artifactId").text
 
       // We use the parent dir to get the version because it's sometimes not present in the pom file
-      val version = file.getParentFile.getName
+      // We use URL decoder to cater for characters that are valid in version strings but encoded
+      // in the file path, such as "+" used for semver metadata, encoded as "%2B"
+      val version = java.net.URLDecoder.decode(
+        file.getParentFile.getName,
+        java.nio.charset.Charset.forName("utf8")
+      )
 
       val (name, crossVersion) = parseModuleName(scalaVersion)(rawName)
 
diff --git a/src/sbt-test/basic/semver-metadata/build.sbt b/src/sbt-test/basic/semver-metadata/build.sbt
new file mode 100644
index 0000000..6724785
--- /dev/null
+++ b/src/sbt-test/basic/semver-metadata/build.sbt
@@ -0,0 +1,5 @@
+scalaVersion := sys.props("scala.version")
+resolvers ++= Seq("Sonatype OSS Snapshots" at "https://oss.sonatype.org/content/repositories/snapshots")
+libraryDependencies ++= Seq(
+  "org.scalaz" %% "scalaz-core" % "7.2.27+33-04a1ea9e-SNAPSHOT"
+)
diff --git a/src/sbt-test/basic/semver-metadata/project/plugins.sbt b/src/sbt-test/basic/semver-metadata/project/plugins.sbt
new file mode 100644
index 0000000..40f24a3
--- /dev/null
+++ b/src/sbt-test/basic/semver-metadata/project/plugins.sbt
@@ -0,0 +1 @@
+addSbtPlugin("com.github.cb372" % "sbt-explicit-dependencies" % sys.props("plugin.version"))
diff --git a/src/sbt-test/basic/semver-metadata/src/main/scala/Main.scala b/src/sbt-test/basic/semver-metadata/src/main/scala/Main.scala
new file mode 100644
index 0000000..132b030
--- /dev/null
+++ b/src/sbt-test/basic/semver-metadata/src/main/scala/Main.scala
@@ -0,0 +1,10 @@
+import scalaz._
+import scalaz.std.anyVal._
+import scalaz.std.list._
+import scalaz.std.option._
+import scalaz.syntax.equal._ 
+
+object Main {
+  val list1: List[Option[Int]] = List(Some(1), Some(2), Some(3), Some(4))
+  assert(Traverse[List].sequence(list1) === Some(List(1,2,3,4)))
+}
diff --git a/src/sbt-test/basic/semver-metadata/test b/src/sbt-test/basic/semver-metadata/test
new file mode 100644
index 0000000..a465c04
--- /dev/null
+++ b/src/sbt-test/basic/semver-metadata/test
@@ -0,0 +1,2 @@
+> unusedCompileDependenciesTest
+> undeclaredCompileDependenciesTest