diff --git a/azure_functions_worker/version.py b/azure_functions_worker/version.py
index d60343328..cb950a041 100644
--- a/azure_functions_worker/version.py
+++ b/azure_functions_worker/version.py
@@ -1,4 +1,4 @@
 # Copyright (c) Microsoft Corporation. All rights reserved.
 # Licensed under the MIT License.
 
-VERSION = '4.36.1'
+VERSION = '4.38.0'
diff --git a/proxy_worker/version.py b/proxy_worker/version.py
index b5a827733..2c5f2d28c 100644
--- a/proxy_worker/version.py
+++ b/proxy_worker/version.py
@@ -1,4 +1,4 @@
 # Copyright (c) Microsoft Corporation. All rights reserved.
 # Licensed under the MIT License.
 
-VERSION = "4.36.1"
+VERSION = "4.38.0"