diff --git a/package.json b/package.json
index 41bb8d0..cd35657 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "name": "element-desktop",
     "productName": "Element",
     "main": "lib/electron-main.js",
-    "version": "1.11.38",
+    "version": "1.11.39-rc.1",
     "description": "A feature-rich client for Matrix.org",
     "author": "Element",
     "homepage": "https://element.io",