diff --git a/.github/ISSUE_TEMPLATE/bug_report.yaml b/.github/ISSUE_TEMPLATE/bug_report.yaml
index 5e456d0df..b3dd583ca 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.yaml
+++ b/.github/ISSUE_TEMPLATE/bug_report.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v3.5.3
+      placeholder: v3.5.4
     validations:
       required: true
   - type: dropdown
diff --git a/.github/ISSUE_TEMPLATE/feature_request.yaml b/.github/ISSUE_TEMPLATE/feature_request.yaml
index e317dd64c..bd93001e7 100644
--- a/.github/ISSUE_TEMPLATE/feature_request.yaml
+++ b/.github/ISSUE_TEMPLATE/feature_request.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v3.5.3
+      placeholder: v3.5.4
     validations:
       required: true
   - type: dropdown
diff --git a/docs/release-notes/version-3.5.md b/docs/release-notes/version-3.5.md
index 29c9b5d50..49d2e6347 100644
--- a/docs/release-notes/version-3.5.md
+++ b/docs/release-notes/version-3.5.md
@@ -1,6 +1,6 @@
 # NetBox v3.5
 
-## v3.5.4 (FUTURE)
+## v3.5.4 (2023-06-20)
 
 ### Enhancements
 
diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index e77ac43c0..22193dbac 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -25,7 +25,7 @@ from netbox.constants import RQ_QUEUE_DEFAULT, RQ_QUEUE_HIGH, RQ_QUEUE_LOW
 # Environment setup
 #
 
-VERSION = '3.5.4-dev'
+VERSION = '3.5.4'
 
 # Hostname
 HOSTNAME = platform.node()
diff --git a/requirements.txt b/requirements.txt
index ee6a79635..e6e56ce56 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,19 +1,19 @@
 bleach==6.0.0
-boto3==1.26.145
+boto3==1.26.156
 Django==4.1.9
-django-cors-headers==4.0.0
+django-cors-headers==4.1.0
 django-debug-toolbar==4.1.0
 django-filter==23.2
 django-graphiql-debug-toolbar==0.2.0
 django-mptt==0.14
 django-pglocks==1.0.4
 django-prometheus==2.3.1
-django-redis==5.2.0
-django-rich==1.5.0
+django-redis==5.3.0
+django-rich==1.6.0
 django-rq==2.8.1
 django-tables2==2.5.3
 django-taggit==4.0.0
-django-timezone-field==5.0
+django-timezone-field==5.1
 djangorestframework==3.14.0
 drf-spectacular==0.26.2
 drf-spectacular-sidecar==2023.6.1
@@ -23,15 +23,15 @@ graphene-django==3.0.0
 gunicorn==20.1.0
 Jinja2==3.1.2
 Markdown==3.3.7
-mkdocs-material==9.1.15
+mkdocs-material==9.1.16
 mkdocstrings[python-legacy]==0.22.0
 netaddr==0.8.0
 Pillow==9.5.0
 psycopg2-binary==2.9.6
 PyYAML==6.0
-sentry-sdk==1.25.0
+sentry-sdk==1.25.1
 social-auth-app-django==5.2.0
 social-auth-core[openidconnect]==4.4.2
 svgwrite==1.4.3
-tablib==3.4.0
+tablib==3.5.0
 tzdata==2023.3