diff --git a/kubernetes/apps/velero/velero/app/helmrelease.yaml b/kubernetes/apps/velero/velero/app/helmrelease.yaml
index d39293ca5..50e4c2148 100644
--- a/kubernetes/apps/velero/velero/app/helmrelease.yaml
+++ b/kubernetes/apps/velero/velero/app/helmrelease.yaml
@@ -10,7 +10,7 @@ spec:
     spec:
       # renovate: registryUrl=https://vmware-tanzu.github.io/helm-charts
       chart: velero
-      version: 7.1.5
+      version: 7.2.1
       sourceRef:
         kind: HelmRepository
         name: vmware-tanzu