diff --git a/README.md b/README.md
index a52184a26..c68475956 100644
--- a/README.md
+++ b/README.md
@@ -39,13 +39,13 @@ This library supports the following Ruby implementations:
 To install using [Bundler][bundler] grab the latest stable version:
 
 ```ruby
-gem 'twilio-ruby', '~> 7.1.0'
+gem 'twilio-ruby', '~> 7.1.1'
 ```
 
 To manually install `twilio-ruby` via [Rubygems][rubygems] simply gem install:
 
 ```bash
-gem install twilio-ruby -v 7.1.0
+gem install twilio-ruby -v 7.1.1
 ```
 
 To build and install the development branch yourself from the latest source:
diff --git a/lib/twilio-ruby/version.rb b/lib/twilio-ruby/version.rb
index ef8746bf1..c826f1191 100644
--- a/lib/twilio-ruby/version.rb
+++ b/lib/twilio-ruby/version.rb
@@ -1,3 +1,3 @@
 module Twilio
-    VERSION = '7.1.0'
+    VERSION = '7.1.1'
 end