diff --git a/R/rdeephaven/DESCRIPTION b/R/rdeephaven/DESCRIPTION
index b26f395f2b0..31f69b40961 100644
--- a/R/rdeephaven/DESCRIPTION
+++ b/R/rdeephaven/DESCRIPTION
@@ -1,7 +1,7 @@
 Package: rdeephaven
 Type: Package
 Title: R Client for Deephaven Core
-Version: 0.37.4
+Version: 0.37.5
 Date: 2023-05-12
 Author: Deephaven Data Labs
 Maintainer: Alex Peters <alexpeters@deephaven.io>
diff --git a/cpp-client/deephaven/CMakeLists.txt b/cpp-client/deephaven/CMakeLists.txt
index 6b5ac7fbcad..d4cb3932fe8 100644
--- a/cpp-client/deephaven/CMakeLists.txt
+++ b/cpp-client/deephaven/CMakeLists.txt
@@ -8,7 +8,7 @@ endif()
 
 project(deephaven)
 
-set(deephaven_VERSION 0.37.4)
+set(deephaven_VERSION 0.37.5)
 set(CMAKE_CXX_STANDARD 17)
 
 # for CMAKE_INSTALL_{dir}
diff --git a/gradle.properties b/gradle.properties
index 5557b6f9ebb..464eeb8af35 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -9,7 +9,7 @@
 # Re-builders who want to inherit the base version, but have their own qualifier can set -PdeephavenBaseQualifier="customQualifier": "X.Y.Z-customQualifier".
 #
 # Re-builders who want a fully custom version can set -PdeephavenBaseVersion="customVersion" -PdeephavenBaseQualifier="": "customVersion".
-deephavenBaseVersion=0.37.4
+deephavenBaseVersion=0.37.5
 deephavenBaseQualifier=SNAPSHOT
 
 #org.gradle.debug