diff --git a/Split.podspec b/Split.podspec
index e902d628..b837bd11 100644
--- a/Split.podspec
+++ b/Split.podspec
@@ -1,7 +1,7 @@
 Pod::Spec.new do |s|
   s.name             = 'Split'
   s.module_name      = 'Split'
-  s.version          = '3.7.1'
+  s.version          = '3.8.0-rc1'
   s.summary          = 'iOS SDK for Split'
   s.description      = <<-DESC
 This SDK is designed to work with Split, the platform for controlled rollouts, serving features to your users via the Split feature flag to manage your complete customer experience.
diff --git a/Split/Common/Utils/Version.swift b/Split/Common/Utils/Version.swift
index 3969508c..d52f63ec 100644
--- a/Split/Common/Utils/Version.swift
+++ b/Split/Common/Utils/Version.swift
@@ -10,7 +10,7 @@ import Foundation
 class Version {
     private static let kSdkPlatform: String = "ios"
 
-    private static let kVersion = "3.7.1"
+    private static let kVersion = "3.8.0-rc1"
 
     static var semantic: String {
         return kVersion