diff --git a/docs/release-notes/version-3.1.md b/docs/release-notes/version-3.1.md
index 88a6da77f..c42837b24 100644
--- a/docs/release-notes/version-3.1.md
+++ b/docs/release-notes/version-3.1.md
@@ -1,5 +1,9 @@
 # NetBox v3.1
 
+## v3.1.7 (FUTURE)
+
+---
+
 ## v3.1.6 (2022-01-17)
 
 ### Enhancements
diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index ff767b4d8..199df264c 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -19,7 +19,7 @@ from netbox.config import PARAMS
 # Environment setup
 #
 
-VERSION = '3.1.6'
+VERSION = '3.1.7-dev'
 
 # Hostname
 HOSTNAME = platform.node()