diff --git a/qiskit/VERSION.txt b/qiskit/VERSION.txt
index 78bc1abd14f2..d9df1bbc0c7b 100644
--- a/qiskit/VERSION.txt
+++ b/qiskit/VERSION.txt
@@ -1 +1 @@
-0.10.0
+0.11.0
diff --git a/setup.py b/setup.py
index d88b19d560b9..4233737731e1 100755
--- a/setup.py
+++ b/setup.py
@@ -70,7 +70,7 @@
 
 setup(
     name="qiskit-terra",
-    version="0.10.0",
+    version="0.11.0",
     description="Software for developing quantum computing programs",
     long_description="""Terra provides the foundations for Qiskit. It allows the user to write
         quantum circuits easily, and takes care of the constraints of real hardware.""",